The Moss Adams Apparel Market Monitor shows that public companies, with the exception of the Youth Lifestyle category, continue to outperform the overall stock market. Previews of Agenda WMNS at Long Beach, Agenda NYC and Agenda Vegas. Now on Industry Insight.
Starter is Nike's licensed league apparel business that is sold primarily at Wal-Mart.
The sale follows Nike's review of its portfolio of brands. The company wants to focus on the brands with the highest growth potential. Hurley came through the review intact and is one of the brands Nike will focus on.
See the related links on the left for one of my posts about the Nike review and the impact for Hurley.