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The Weekend Roundup November 24-25

The best of the business news from the weekend's papers.

Umbro plans to cut the number of replica England football away shirts it makes by two thirds next year, according to The Times.The brand's lowest production run since 2001 is in response toEngland’s failure to qualify for the European cup. Umbro chief executive Steve Makin said the plan was being finalised with Sports Direct, the retailer which is committed to buying two thirds of allEnglandtops from Umbro.Sports Direct's share price dropped 15% on Thursday after a profit warning followingEngland’s loss toCroatia.

The paper also reported that Adidas intends to take on the contract to supply and sponsor theEnglandrugby team from rival Nike.Nike’s contract ends next year and Adidas is rumoured to be the front-runner to secure the deal. Relations between the Rugby Football Union and Nike are thought to have soured recently after arguments over the supply of shirts followingEngland’s unexpected good form in this year’s World Cup.

Shoppers atTesco Direct may have had their bank details stolen by a fraudster, according to TheDaily Telegraph. It said that the Information Commissioner and the police have launched an investigation into a call centre worker at the company’s online shopping arm.

Fashion retailers are struggling for sales despite the recent cold weather as shoppers worry over credit card bills, reported the Guardian . A new survey by BDO Stoy Haywood, which monitors the performance of 60 mid-sized retailers, reported that fashion store chains recorded declining sales over four consecutive weeks to the middle of this month. Shares in fashion retailers have dropped significantly this month.

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