The race to run the world’s biggest sports brand is now a three-way contest.

From the highest-end designers, to almost every shop on the high street, there is a look to suit everyone, at every price point and every size.

Football kit-maker Umbro was today sold by its owner Nike to an American clothing giant for $225m (€173m).

Nike’s fiscal first-quarter net income rose 15% as sales of its athletic gear rose faster than its costs.

England football shirt maker Umbro is to be taken over by US sports giant Nike after a £285 million deal was rubber-stamped today.

The defence case in Winona Ryder’s shoplifting trial was expected to get under way today.