JJB reveals Umbro strike

Takeover speculation surrounding England kit maker Umbro took a new twist today after sportswear retailer JJB Sports took a 10% stake.

JJB reveals Umbro strike
Fri, 19 Oct, 2007 - 22:24

Takeover speculation surrounding England kit maker Umbro took a new twist today after sportswear retailer JJB Sports took a 10% stake.

The retailer’s holding – plus the 15% of Umbro already held by billionaire entrepreneur Mike Ashley’s Sport Direct International – could form a significant hurdle to any approach for the company.

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