Football kit firm bids to score on stock market

FOOTBALL brand Umbro yesterday unveiled plans to float on the London stock market in a move set to value the England kit supplier at around stg£200 million.

Umbro is planning a June listing as the group looks to build on the revival in its brand following the arrival of a new management team five years ago.

Targets for the group include the development of a presence in the branded footwear market, as well as the growth of business in the United States.