Umbro

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UK: JJB pays out to settle Which? football kit case just-style.com | 9 Jan 08

UK sporting goods retailer JJB will make payments to customers who bought certain football shirts seven years ago, settling action brought against the company by consumer group Which? on the back of price-fixing fines in 2003.


Top stories on just-style this year... just-style.com | 21 Dec 07

Here is a list of the top ten stories published on just-style during the past year. To read the stories in full, please click on the headlines.


US: International sales growth boosts Nike Q2 just-style.com | 20 Dec 07

Sports goods giant Nike saw second quarter revenue grow 14%, beating analyst expectations despite signs of a slowdown in the US.


UK: Sports Direct first-half profits slump by 35% just-style.com | 19 Dec 07

Sporting goods chain Sports Direct saw profits fall 35.2% to GBP52.0m (US$104.3m) in the first half, attributed to weaker UK retail sales caused by unprecedented weather conditions.


UK: Ashley to become executive chairman at Sports Direct? just-style.com | 18 Dec 07

Sporting Goods retailer Sports Direct may appoint founder Mike Ashley to the position of executive chairman, it has been reported.


JAPAN: Asics scotches Adidas bid rumours just-style.com | 4 Dec 07

Japanese sports shoe specialist Asics has distanced itself from reports that it is preparing a joint bid with Nike for Germany’s Adidas.


UK: Ashley accelerates Sports Direct share repurchase just-style.com | 28 Nov 07

UK entrepreneur Mike Ashley is believed to be revving up the share repurchase of his Sport Direct International business amid speculation that he could be trying to take the retailer private again.


UK: Sports firms hit by England kit crisis just-style.com | 22 Nov 07

Two of the UK's leading sportswear firms were left reeling this morning (22 November) as they woke up to the realisation that England would not be taking part in football's Euro 2008 tournament.


UK: Sports Direct sells GBP116.2m Amer stake just-style.com | 9 Nov 07

Mike Ashley's Sports Direct chain has sold its 8.8m shares stake in Amer Sports Corp, which is listed on the Helsinki Stock Exchange, for EUR166.6m (GBP116.2m).


US: Nike names Bert Hoyt new football chief just-style.com | 6 Nov 07

Sportswear giant Nike has named Bert Hoyt as the company’s new vice president and general manager of global football – one of its key business areas.


UK: Sports Direct ups Umbro stake to 29.9% just-style.com | 31 Oct 07

Sports Direct has increased its stake in Nike target Umbro to 29.9% from 15%.


ANALYSIS: Has Nike struck gold with Umbro bid? just-style.com | 25 Oct 07

Nike has high hopes for Umbro. The world’s leading sports brand targets football as a key growth category, and its US$582m bid for Umbro will undoubtedly shake up the sportswear sector. Joe Ayling looks at how the synergies between the two companies stack up.


US: Nike nets Umbro in $582m deal just-style.com | 23 Oct 07

Sporting goods giant Nike has struck a deal to acquire UK football brand Umbro with a US$582m (GBP285m) all-cash offer.


UK: JJB Sports buys 10.12% of Umbro just-style.com | 22 Oct 07

UK athleticwear retailer JJB Sports has purchased 10.12% of the issued share capital of football kit maker Umbro, which is itself rumoured to be a takeover target for Nike.


UK: Umbro confirms bid approach but Nike stays silent just-style.com | 19 Oct 07

Leading UK soccer kit brand Umbro has confirmed it is the subject of a takeover approach, with rumours suggesting Nike is a likely buyer and that retailer Sports Direct is also in the picture.


UK: Umbro brings forward CFO appointment just-style.com | 9 Oct 07

Umbro has brought forward by a month its appointment of Gary Brown, who became the company's CFO yesterday (8 October).


UK: Americana hires to drive global growth at Bench just-style.com | 2 Oct 07

Americana Ltd, the lifestyle clothing company which owns the Bench and Hooch brands, has strengthened its board and senior management team in preparation for a global expansion drive.


UK: JJB profit plunges 38% on low sportswear demand just-style.com | 28 Sep 07

JJB Sports, the UK sports retailer and health clubs group, on Thursday reported a sharp drop in first half profits amid low demand for sportswear and reiterated that second-half trading will likely match last year’s levels.


HONG KONG: Win Hanverky boosts H1 net by 4.6% just-style.com | 13 Sep 07

Sportswear manufacturer Win Hanverky Holdings has posted a 4.6% rise in interim net profit to HKD$140m (US$17.97m).


UK: Sports Direct ups investments in Umbro and Adidas just-style.com | 11 Sep 07

UK sportswear chain Sports Direct International has increased investments in two of the major brands it stocks, Adidas and Umbro, as it awaits shareholder approval for its Everlast merger later this month.


UK: Umbro appoints Gary Brown as CFO just-style.com | 6 Sep 07

Sporting goods firm Umbro has appointed Gary Brown as its CFO. He will take up the position in November 2007.


UK: Steve Makin named Umbro CEO as McGuigan resigns just-style.com | 12 Jun 07

UK sports brand Umbro Plc yesterday (11 June) announced the resignation of its chief executive Peter McGuigan and said CFO Steve Makin will step into the role with immediate effect.


UK: Umbro board feeling comfortable with progress just-style.com | 16 May 07

Football brand Umbro looks to be outrunning last year’s branded sales as it cashes in on priority markets.


UK: Umbro deploys PLM solution to cut lead times and costs just-style.com | 10 May 07

Umbro, the manufacturer of football kit and related products, has selected PTC’s FlexPLM solution to help shorten lead times and reduce development costs.


GERMANY: Puma plays down Umbro link just-style.com | 26 Mar 07

German sportswear brand Puma has refused to be drawn on rumours it could make a move for football brand Umbro.


SOUTH KOREA: Umbro fails to secure trademark rights just-style.com | 20 Mar 07

Football kit maker Umbro has been told it cannot register its diamond-shaped logo in South Korea because the image is not distinctive enough.


UK: Undercover counterfeit raid finds suspects just-style.com | 16 Mar 07

Police in Leicestershire raided a UK factory suspected of manufacturing counterfeit designer clothes following a long-standing undercover investigation prompted by three apparel manufacturers.


UK: JJB Sports sued over football kit prices just-style.com | 15 Mar 07

Consumer group Which? is suing high street retailer JJB Sports on behalf of fans who were unlawfully overcharged for football shirts.


UK: World Cup growth pushes Umbro FY profit up 16% just-style.com | 8 Mar 07

Football apparel and footwear manufacturer Umbro posted a profit increase of 15.7% to GBP26.6m (US$51.4m) for the year ended 31 December 2006, buoyed by international growth.


CHINA: Umbro raises stake in licensee Team & Sports just-style.com | 9 Feb 07

Sports brand Umbro has upped its stake in its Chinese licensee by another 15% and signed a revised distribution deal.

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