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[Chinese shoes Network - Brand News] According to foreign reports, the world's largest athletic footwear and apparel maker Nike has entered the final stages of negotiation, intends its Cole Haan shoes and bags brand was sold to private equity firm with $ 500 million security Apax (Apax Partners). According to Reuters, Cole Haan bidding process, Apax successfully accounted for advantage in the private equity firms Texas Pacific Group Capital Management (TPG Capital Management Cheap air jordan 12 for sale online free shipping ) and Berkshire Partners (Berkshire Partners) and the like. Nike hired Goldman Sachs to assist the bid. insider, Apax has teamed Converse (Converse) former CEO Jack - Boyce (Jack Boys) took over the business after the Cole Haan. The sale with Nike to $ 80 million acquisition of Cole Haan after a lapse of 24 years. Nike is seeking to focus on the namesake brand as well as Jordan, Converse and Hurley. Cole Haan sells shoes, clothes and handbags by Trafton Cole and Eddie Haan Cheap air jordan 12 ovo was founded in 1928 in the United States we have flagship stores in major cities, but also sells products through department stores and other retailers. Nike in May said it planned to sell its Cole Haan and Umbro (Umbro) brand, and last month announced a $ 225 million sale of the Umbro to Iconix Brand Group (Iconix Brand Group Inc). Nike and Berkshire Partners company representatives did not respond to requests for comment, Apax and TPG Capital declined to comment. 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