England Team Jerseys Boost Umbro’S Revenues, But Not Its Gross Margin

2006-09-07T00:00:00

The World Cup drove Umbro’s revenues to an increase of 42.2 percent to £249.3 million (€366.6m-$468.9m) in its 1st half, ended July 2. However the gross margin dropped by 130 basis points to 54.4 percent due to retail consolidation in the UK and because the company’s England team jerseys, which ...

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