Does anyone have any news on the future of Converse and Hurley? It seems when Nike or the companies they own aren't doing great, Nike sells off these smaller companies. Lots of rumors, anyone have any facts in what's going to happen?
Thanks and sorry what you are all going through.
Hurley just had some crazy layoffs last week. A bunch of people who have been there since before Nike we laid off. Rumor has it Bob's brother Bill and Bob's second hire ever were part of this group.
Hurley is also super small - losing a few people is a big deal for them - they had a hiring freeze, not sure about layoffs
Converse has already had 2 waves of layoffs since January and I'm sure more are coming.