LeeWallaceRFC 3,920 Posted October 24, 2012 Share Posted October 24, 2012 Nike has confirmed it will offload Umbro to Iconix Brand Group in a $220m (£137m) deal designed at slimming down its assets.As revealed by Sportsmail two weeks ago, the once-proud kit supplier to England and a host of leading clubs will be sold off after four years under Nike's banner.Nike announced five months ago that Umbro would be sold, but Iconix was confirmed as the buyer only on Wednesday. Iconix could lease the Umbro name to Mike Ashley's Sports Direct.Umbro has already been stripped of its biggest sponsorship agreements, including England and Manchester City, whose kit will be supplied by Nike from next year.Umbro now supplies kit for just three English clubs - Nottingham Forest, Huddersfield Town and Blackburn Rovers.Mark Parker, Nike's chief executive, said in a statement: 'It is a difficult decision to divest any business, but this action will enable us to focus on our highest-potential opportunities.'Umbro has a great heritage, but ultimately, as our category strategy has evolved, we believe Nike Football can serve the needs of footballers on and off the pitch.'Nike announced the purchase of Umbro in October 2007 and completed it the following year for $582m (£363m). However, Umbro's revenue declined by 19 per cent after being swallowed by the competition between Nike and Adidas to supply the world's leading club.Neal Cole, chief executive of Iconix, said: 'Umbro is a true, authentic football brand with a global loyal consumer fan base and we are thrilled to be adding it to our portfolio of iconic brands.'Umbro is an exciting acquisition with more than 30 licensees in over 100 countries with a devout following.'We look forward to working with our international partners to maintain and expand upon the rich heritage of Umbro.'http://www.dailymail...-140m-deal.html Quote Link to post Share on other sites More sharing options...
JTP 221 Posted October 24, 2012 Share Posted October 24, 2012 No mention of losing us then.I'd love us to bring out a new Orange strip and show every single sports kit manufacturer just what they actually missed out on (except the new one to sponsor us, whether that's adidas, warrior or the other rubbish one in the mix). Quote Link to post Share on other sites More sharing options...
AlBear. 8,499 Posted October 24, 2012 Share Posted October 24, 2012 Does this imply our kit will be by Umbro next year then? Bit of an anti-climax that Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted October 24, 2012 Share Posted October 24, 2012 Looks like Umbro. Quote Link to post Share on other sites More sharing options...
TheBluenose1972 1,405 Posted October 24, 2012 Share Posted October 24, 2012 Going with Umbro next season then lol! The current home top but in orange would be immense! They gave us a pink one so surly an Orange has to be on the list somewhere! Quote Link to post Share on other sites More sharing options...
JM1872 3,821 Posted October 24, 2012 Share Posted October 24, 2012 Fuckin' better not be Umbro again after the noises CG was making about Adidas and Puma. Quote Link to post Share on other sites More sharing options...
The Hammer 11 2,873 Posted October 24, 2012 Share Posted October 24, 2012 Umbro are pish give us adidas! Quote Link to post Share on other sites More sharing options...
TheNuts 552 Posted October 24, 2012 Share Posted October 24, 2012 Does this imply our kit will be by Umbro next year then? Bit of an anti-climax thatumbro is the original football kit manufacturer, and has made some stunning strips.adidas is gash. Quote Link to post Share on other sites More sharing options...
Senna 735 Posted October 24, 2012 Share Posted October 24, 2012 ]Iconix could lease the Umbro name to Mike Ashley's Sports Direct.That is the only part of the article linking it to Ashley - a supposition. Calm yourself troops. Quote Link to post Share on other sites More sharing options...
El Carpintero 546 Posted October 24, 2012 Share Posted October 24, 2012 Oh God please no. I hope Ashley just closes Umbro down. A dreadful manufacturer. Quote Link to post Share on other sites More sharing options...
AlBear. 8,499 Posted October 24, 2012 Share Posted October 24, 2012 umbro is the original football kit manufacturer, and has made some stunning strips.adidas is gash.These are two of my favourite Rangers tops, so take that "Adidas is gash" shit elsewhereThere's always Puma. They sponsor Mike Ashleys team and last season they had an Orange away kit Quote Link to post Share on other sites More sharing options...
Laudrup91 35 Posted October 24, 2012 Share Posted October 24, 2012 fuck off Umbro, give us Adidas! Quote Link to post Share on other sites More sharing options...
Zappa6995 3,806 Posted October 24, 2012 Share Posted October 24, 2012 Please Please PleaseNo more Umbro Quote Link to post Share on other sites More sharing options...
TheBluenose1972 1,405 Posted October 24, 2012 Share Posted October 24, 2012 umbro is the original football kit manufacturer, and has made some stunning strips.adidas is gash.Yep the current home is by far the best strip we have had in the past 25 years!! Quote Link to post Share on other sites More sharing options...
AlBear. 8,499 Posted October 24, 2012 Share Posted October 24, 2012 Yep the current home is by far the best strip we have had in the past 25 years!! Definitely. I love this seasons top, but you can hardly give Umbro the credit. Quote Link to post Share on other sites More sharing options...
harlands plater 17,179 Posted October 25, 2012 Share Posted October 25, 2012 If Green wants to "grow the Rangers brand" that won't be helped by staying with a second rate washed up company like Umbro. Quote Link to post Share on other sites More sharing options...
TheNuts 552 Posted October 26, 2012 Share Posted October 26, 2012 These are two of my favourite Rangers tops, so take that "Adidas is gash" shit elsewhereThere's always Puma. They sponsor Mike Ashleys team and last season they had an Orange away kit modern adidas kits are gash.those two kits are absolute fucking blinders! i still own the second one! Quote Link to post Share on other sites More sharing options...
neilstonloyal 186 Posted October 27, 2012 Share Posted October 27, 2012 Umbro aren't that bad this season shirt is the best shirt in a while and the training gear is smart but Adidas all the way Quote Link to post Share on other sites More sharing options...
adam2102 666 Posted October 27, 2012 Share Posted October 27, 2012 could be worse than umbrobut adidas is the ultimate Quote Link to post Share on other sites More sharing options...
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