Bathu

2022 - 10 - 20

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Image courtesy of "Independent Online"

No, Nike is not buying local shoe brand Bathu for R1.3bn (Independent Online)

A tweet alleged that American sports apparel company Nike had put in an offer to purchase local sneaker brand Bathu.

โ€œAnyone who knows me well will be able to tell you that my vision is to see lovely brown children achieve the seemingly impossible in this world. They did so via a clever tweet referencing the tag lines of both Nike and Bathu which read: โ€œThey just canโ€™t do it. Bathu has since moved to dispel the claims of a proposed or imminent sale. Here is an innovative way to grow and scale your businesses](/business-report/companies/calling-all-ecommerce-entrepreneurs-here-is-an-innovative-way-to-grow-and-scale-your-businesses-1dc1a022-d18d-4661-879f-906f5c331c8a) The world's biggest clothing brand Nike has offered to buy Bathu for $75 million. Now we wait to see if Bathu will take the offer.โ€

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