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Chief financial officer joins Umbro

Gary Brown has taken up his position as chief financial officer at Umbro, a month earlier than expected.

Brown, who has previously worked at Matalan, Instore and Sainsbury's, joined the business yesterday, a month before he was due to start. He replaces Steve Makin who was promoted to chief executive of the sportswear brand earlier this year.

Separately Sports Direct International raised its stake in Umbro yesterday to 20.53 million shares eqivalent to a 14.05% stake. Prior to that it held 13.14%.

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