Why is Nike suing SurfStitch?
Nike is taking Australian surf retailer SurfStitch to court following the company’s financial collapse, seeking more than $237,000 it claims it is owed. SurfStitch entered administration in May, a decade after the surf and skate business was valued at $600m. SurfStitch placed into administration amid court action by Nike Australia over alleged debts. The home-grown operation was once valued at $500 million.
What surf brand does Nike own?
Hurley, inc. American company that sells clothes and accessories marketed towards surfing and swimming. Established in 1979 as a distributor for billabong clothing in the united states, hurley was sold to nike, inc. Is hurley a good brand? Hurley is a swim-and-surf brand with popular apparel and accessories. Options are available for men, women and boys. Hurley prices are relatively affordable, and many of its items are available through local department stores, including macy’s and kohls.