Umbro - apparel and textile industry company news 
US: Nike promotes Spillane to head China operations
2 May 2013
Oregon-based sportswear giant Nike has promoted Michael Spillane to the position of vice president and general manager of Greater China.
US: Iconix lifts FY earnings target after Q1 profit
25 April 2013
Iconix Brand Group, which owns and licenses brands including Candie's and Umbro, has raised its full-year earnings guidance after reporting a 28% increase in first-quarter net profit.
US: Iconix buys Lee Cooper brand in $72m deal
20 February 2013
European denim brand Lee Cooper has been sold to Iconix Brand Group in a $72m deal that will help the New York based firm grow its international presence.
US: Iconix raises FY guidance on Lee Cooper buy
20 February 2013
Iconix Brand Group Inc, which owns and licenses brands including Candie's and Umbro, has raised its full-year profit and sales guidance after buying European denim brand Lee Cooper.
US: Nike completes sale of Cole Haan to Apax Partners
4 February 2013
Sportswear giant Nike has completed the sale of footwear brand Cole Haan to private equity firm Apax Partners, after the US$570m deal was revealed in November.
US: North America and emerging markets boost Nike Q2
21 December 2012
Sporting goods giant Nike Inc has booked a 9% jump in profit from continuing operations during it second quarter, helped by growth in all key categories, product types and geographies except China.
US: Iconix Brand Group completes Umbro acquisition
3 December 2012
Iconix Brand Group, which licenses fashion and footwear labels like Candie's, Bongo, London Fog and Joe Boxer, has completed the acquisition of UK football brand Umbro from Nike for US$225m.
US: Nike to sell Cole Haan to Apax Partners for $570m
19 November 2012
Sportswear giant Nike is to sell its footwear brand Cole Haan to private equity firm Apax Partners for US$570m.
US: Nike nearing sale of Cole Haan to Apax Partners?
6 November 2012
Sportswear giant Nike is reportedly nearing a deal to sell its footwear brand Cole Haan to private equity firm Apax Partners for US$500m.
UK: Redundancies "likely" at Umbro
5 November 2012
Sportswear giant Nike today (5 November) confirmed some redundancies are "likely" following the agreement to sell its Umbro football brand to Iconix Brand Group.
US: Iconix Q3 profit rises despite falling sales
1 November 2012
Iconix Brand Group, which licenses fashion and footwear labels like Candie's, Bongo, London Fog and Joe Boxer, has today (1 November) booked an increase in third-quarter net profit despite a fall in sales.
UK: Iconix Brand Group to acquire Umbro
24 October 2012
Iconix Brand Group has signed an agreement to acquire UK football brand Umbro from Nike for US$225m.
UK: Nike inks Football Association sponsorship deal
4 September 2012
Sportswear giant Nike has inked a sponsorship deal with the Football Association (FA) to design and supply kit for England's football teams.
UK: Nike coy on England football sponsorship deal
29 August 2012
Nike has remained quiet on rumours the sporting goods giant is close to signing a deal to become the official uniform supplier for the England football team.
US: TPG and Apax in running to acquire Cole Haan?
10 August 2012
Private-equity firms TPG Capital and Apax Partners are reportedly among several parties in the running to buy Nike-owned footwear brand Cole Haan.
US: Nike in rumoured Billabong bid
26 June 2012
Sporting goods giant Nike is rumoured to be a potential buyer of Australian surfwear brand Billabong.
UK/US: Sports Direct to bid for Umbro?
4 June 2012
UK retailer Sports Direct is expected to join the running for Umbro after the sportswear giant put the football wear brand up for sale last week.
Top stories on just-style this week...
1 June 2012
The most read stories on just-style this week included the latest Flanarant on "Offshoring 3.0", a story on which towns will pilot Mary Portas' high street recommendations, and H&M's plans to increase sourcing in Bangladesh.
US: Nike to divest Cole Haan, Umbro
31 May 2012
Nike today (31 May) revealed plans to divest its Cole Haan and Umbro brands to focus on growing the Nike, Jordan, Converse and Hurley brands.
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.
