Dive Summary:
- Jack Boys, who was the Converse CEO from 2001 to 2010 and oversaw the company's ownership transfer to Nike, is poised to become CEO for Cole Haan, which was recently purchased by Apex Partners.
- Cole Haan, which is currently sold in department stores and Cole Haan stores, both domestically and internationally, will look to Boys to drive the consumer brand and increase its global footprint.
- Apex Partners, a prominent retail investment firm with interests in Tommy Hilfiger, Calvin Klein and Dollar Tree, purchased Cole Haan from Nike.
From the article:
"...Apax Partners completed the previously announced acquisition of Cole Haan from Nike and named Boy’s to the role of CEO effective immediately. Boys became CEO of Converse..."