NIKE acquires Hurley International LLC

NIKE acquired Hurley International LLC, a transaction completed in April 2002.

Hurley International LLC operates in Action sports apparel (Hurley), is based in Costa Mesa, California, USA. Action sports company headquartered in Costa Mesa, California that designs and distributes a line of action sports apparel for surfing, skateboarding and snowboarding, plus youth lifestyle apparel and footwear under the Hurley brand name. Nike disclosed the acquisition in its fiscal 2002 Form 10-K; the company noted the Hurley acquisition did not have a significant impact on results.

Expanded Nike's portfolio into the action sports and youth lifestyle category under the Hurley brand.

Established action-sports and youth-lifestyle brand giving Nike a foothold in surf, skate and snowboard culture. Operated as the Hurley brand, reported within Nike's Other operating segment.

In April 2002, we acquired Hurley International LLC, headquartered in Costa Mesa, California, which designs and distributes a line of action sports apparel (for surfing, skateboarding, and snowboarding) and youth lifestyle apparel under the Hurley brand name.Nike, Inc. FY02 10-K, Item 1 Business description

Advisory firms were not disclosed for this transaction.

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