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Nike To Unload Cole Haan, Umbro Brands

By Karlee Weinmann (May 31, 2012, 3:15 PM EDT) -- Nike Inc. on Thursday announced it will drop two of its wholly owned affiliates, leather footwear line Cole Haan and soccer apparel-centric Umbro, to hone its focus on other segments of its business, including its namesake brand....

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