Blog: I wouldn't wear an England shirt today if you paid me
Joe Ayling | 22 November 2007
The words "England football kit" will have been scribbled out on numerous Christmas lists after the country's football team pathetically squandered their chances last night.
Having lost 3-2 to Croatia, the team has failed to qualify for Euro 2008 this summer, being edged out by Russia.
In what is just one of many financial repercussions for the nation, sportswear firms Umbro, Sports Direct and JJB Sports all saw their shares tumble as a result.
Kit manufacturer Umbro, a takeover target for Nike, admitted that sales of replica jerseys would suffer this year and next.
While Umbro still has a presence at the tournament sponsoring Sweden, the quintessentially English brand will be, in football terminology, "gutted" its gamble has not paid off.
Furthermore, if Nike succeeds with its GBP285m (US$582m) acquisition offer for Umbro, it will have been a telling twist of fate that England's slayers Croatia and Russia both play with a tick and not a diamond on their chests.
Joe Ayling, News Editor.
Increasing competition for garment sourcing contracts is seeing China not only being challenged by other countries in Asia, but by sub-Saharan African and even Russian suppliers too. And it is pushing...
The monthly minimum wage for workers in Cambodia's textile, garment and footwear sector is set to rise to $153 from January next year, following a vote on the issue last week. The increase marks a ris...
The results of two highly-anticipated initiatives in the sportswear sphere were revealed last week: the launch of Under Armour’s new UAS lifestyle brand and the first pair of running shoes created at ...
The recent bankruptcy of South Korea's Hanjin Shipping, the world's seventh-largest container shipper, at the end of August, has left billions of dollars worth of merchandise in limbo, leaving the fal...
- Will new Vietnam wage hinder competitiveness?
- Digitisation to drive new apparel-making models
- Under Armour Lighthouse will disrupt production
- Fashion fit for the future – strategies for speed
- How TAL Apparel is staying ahead of the game
- Marks & Spencer top for modern slavery reporting
- MAS Holdings shares commitment to sustainability
- Gap to shutter all UK Banana Republic stores
- Bangladesh garment workers rally for higher wages
- M&S "unappealing" clothing a barrier to growth
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020