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The company acquired Starter in 2004 and soccer uniform maker Umbro in 2007. In 2003, Nike paid US$309 million to amass sneaker firm Converse. In 2002, Nike bought surf apparel firm Hurley International from founder Bob Hurley. Its first acquisition was the upscale footwear company Cole Haan in 1988, adopted by the purchase of Bauer Hockey in 1994. He officially stepped down from all duties with the corporate on June 30, 2016.
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