‘Tremendous opportunities’ for Cole Haan, says Apax

05/02/2013

Nike has completed the sale of high-end leathergoods and footwear company Cole Haan to Apax Partners and named the former head of Converse as CEO. Apax, a private equity firm with over $35 billion in assets, agreed to buy the brand for $570 million last November. Jack Boys, the incoming CEO, was at Converse for 10 years and previously worked as...