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Nike, Converse, Adidas among brands planned for St. Louis Premium Outlets
Indianapolis -- Simon Property Group said that St. Louis Premium Outlets, located in Chesterfield, Mo., has moved up its opening date to Aug. 22, 2013, and will be joined by Nike, Cole Haan, Converse, Gymboree, Adidas, Wilsons Leather and Claire's Accessories.
Other previously announced tenants include anchor Saks Fifth Avenue Off5TH, Ann Taylor, BCBGMAXAZRIA, Brooks Brothers, Elie Tahari, J.Crew, Jones New York, Loft Outlet, Max Studio, Tommy Hilfiger, Van Heusen and Vera Bradley.
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Apax Funds to acquire Cole Haan from Nike for $570 million
New York -- Private equity firm Apax Partners said Friday that it will acquire Cole Haan from Nike for $570 million in cash.
Cole Haan sells through 108 domestic stores, 68 international stores, online and through department stores. It has been a part of Nike since 1988.
To effect the acquisition, Apax is partnering with Jack Boys, who led the revitalization of Converse.
The transaction is expected to close in early 2013.