Nike purchased Hurley International from founder Bob Hurley. At the time, the brand was generating about $70 million in annual sales.
Under Nike, Hurley benefited from advanced Nike technologies, such as the development of the Phantom boardshorts using Nike's high-performance materials.
Bluestar Alliance LLC now manages Hurley's global operations and licensing. NIKE, Inc. Announces Sale of Hurley to Bluestar Alliance
Yes, but no longer does. Nike acquired the surfwear brand in 2002 for approximately $95 million to gain a foothold in the surf, skate, and snowboard markets.
However, Nike officially sold Hurley to the brand management firm in December 2019 . Key Details of the Ownership History