Umbro - apparel and textile industry company news 
US: Nike taps Michael Egeck as CEO of Hurley
30 September 2011
Sporting goods giant Nike Inc has hired Michael Egeck, the former president of True Religion Brand Jeans, as the new CEO of its skateboarding and surfing division Hurley International LLC.
US: Nike opens multi-brand action sports store
8 July 2011
Sporting goods giant Nike is opening its third multi-brand action sports retail store which features products from Nike as well as its Hurley International and Converse units.
US: Nike raises long-term revenue forecasts
29 June 2011
Hot on the heels of yesterday's stellar fourth-quarter earnings report, sporting goods giant Nike Inc has now raised its long-term revenue outlook too.
US: Nike shuffles Umbro, Converse executives
20 May 2011
Sporting goods giant Nike has reshuffled the executives in charge of its Umbro and Converse brands in a move sparked by the retirement of Umbro president and CEO Jim Allaker.
US: Nike warns on higher costs as Q3 disappoints
18 March 2011
Shares in Nike Inc fell nearly 6% in trading yesterday (17 March) after the sportswear giant's third quarter earnings missed expectations and it warned that rising oil, cotton and transport costs are set to continue to affect its near-term profitability.
US: Nike reshuffles affiliates, apparel managers
9 February 2011
Sporting goods giant Nike Inc has promoted Roger Wyett, the head of its Hurley International unit, to president of its Nike Affiliates portfolio.
ANALYSIS: Nike shrugs off industry woes
22 December 2010
Shareholders of US sportswear group Nike can be rest assured this Christmas that current and future growth is ahead of the field, despite a note of caution from the company's boss.
US: Nike's 22% hike in Q2 profit offset by future orders
22 December 2010
Strong sales and clean inventories have helped sportswear and equipment giant Nike Inc to a 22% hike in second quarter profit, but shares fell nearly 6% after an 11% rise in future orders came in below analysts' expectations.
SWEDEN: New Wave appoints China VP
18 October 2010
Magnus Claesson has been appointed as VP China of New Wave Group, which designs, acquires and develops brands including Umbro and Cutter & Buck.
US: Nike reports "great first quarter"
24 September 2010
Sporting goods giant Nike has announced robust first quarter sales, driven by higher revenues and clean inventories, and has boosted future orders in all markets except Western Europe and Japan.
ANALYSIS: Nike finds growth beyond the tick
24 September 2010
Sporting goods giant Nike has joined the chorus of retailers and brands warning of rising input costs in the supply chain, even though its stable of portfolio brands has returned strong revenue growth during the first quarter of its current financial year.
UK: Umbro extends England kit deal
8 September 2010
Sporting goods firm Umbro has agreed to extend its partnership with the England football team until 2018.
Spotlight on...World Cup branding battle
27 May 2010
Four years is a long-time in football, but the moment French captain Zinedine Zidane headbutted an Italian defender during the World Cup final at Berlin's Olympic Stadium will live long in the memory. The next question is, how many fans remember what brand of shirt he was wearing? Joe Ayling reports.
ANALYSIS: More of the same in Nike growth targets
6 May 2010
Nike’s long-term growth plans constitute, to paraphrase the words of one rather underwhelmed analyst, more of an evolution than a revolution. The headline revenue target of US$27bn looks impressively bullish, but much of what lies behind it is little more than a development of past strategies.
US: Nike targets US$27bn revenue by 2015
6 May 2010
World-leading sportswear company Nike is targeting revenues of US$27bn by the end of fiscal 2015, led by growth in emerging markets and hundreds of new Nike stores.
ANALYSIS: Nike gains momentum from the woes of others
18 March 2010
Taking the figures in isolation, it appears that Nike president and CEO Mark Parker is indulging in a little pre-World Cup hype when he calls the company’s third quarter “great”.
US: Nike hails “great quarter” as Q3 profit rises
18 March 2010
Sporting goods giant Nike hailed its fiscal third quarter as “great” after underlying net profit edged up 2% to US$496m.
10 industry developments that shaped the decade
23 December 2009
Having delivered apparel and footwear industry news for the past decade, just-style takes a reflective look through its archives to highlight ten key themes that have helped shape the apparel industry over the last 10 years.
INSIGHT: Nike well-placed after solid Q1
30 September 2009
Sportswear giant Nike held steady with a first quarter net profit of US$513m, fractionally up on last year’s figures, as cost-cutting made up for falling sales.
US: Nike Q1 profit static thanks to cost-cutting
30 September 2009
Sportswear giant Nike held steady with a first quarter net profit of US$513m, fractionally up on last year’s figures, as cost-cutting made up for falling sales.
UK: Allaker named as new Umbro CEO
18 August 2009
Jim Allaker, vice president/general manager of Nike UK & Ireland, has been appointed as the new CEO and president of football-focused affiliate Umbro.
US: Nike Q4 profit down 30% as future orders fall
25 June 2009
Slumping sales in every geographic sector except Asia have coupled with restructuring charges to push sporting goods giant Nike Inc to a 30% drop in fourth quarter profit.
US: Levi's brand inks slipper and sandal deal
26 March 2009
The Levi's brand is to launch a range of slippers and sandals after signing a licensing deal with Dearfoam slippers producer RG Barry Corporation.
US: Nike reorganising brand into six regions
20 March 2009
Sporting goods giant Nike Inc today (20 March) unveiled plans to reorganise its Nike brand into six regions with less management in a bid to make its operations more efficient and trim costs.
US: Nike Q3 profit tumbles 47% on charges
19 March 2009
Higher costs, lower sales in Europe and weakness at its Umbro football brand have almost halved third quarter profit at sporting goods giant Nike Inc.
US: Nike 10% Q1 profit dip beats forecasts
25 September 2008
Sportswear giant Nike has posted first quarter profits of US$510.5m, down 10% on last year but still ahead of expectations on Wall Street.
UK: Sports Direct lifts stake in rival JD Sports
23 September 2008
Sporting goods chain Sports Direct has increased its stake in rival UK retailer JD Sports, which today (23 September) posted a 54% increase in profits for the first half.
HONG KONG: Labour groups protest at Olympics suppliers
4 August 2008
With just five days to go before the start of the Beijing Olympic Games, campaigners in Hong Kong have protested at what they say is the failure of the International Olympic Committee (IOC) to make sure that Olympic-branded products are not be made with sweatshop labour.
BELGIUM: Sports brands push for better working conditions
15 July 2008
Leading sporting goods brands including Nike, Adidas, New Balance, Umbro and Speedo are forming a ground-breaking joint working group with trade unions and NGOs to establish better working conditions across the sector.
US: International growth propels Nike Q4 profit up 12%
26 June 2008
Strong sales growth in Europe, Asia and the Americas has helped Nike Inc, the world's leading sportswear company, to a 12% jump in fourth quarter profit.
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