Andy Rubin had another bumper year in 2016. Pentland Brands’ parent company, Pentland Group, holds a 57% stake in JD Sports Fashion and, at the beginning of the year, Rubin was appointed to the sports retailer’s board to support its international expansion as a non-executive director.
Meanwhile, Pentland Group’s sales increased 10% to £2.4bn despite “difficult market conditions” in China and Russia for the firm’s branded business. Operating profit before tax and exceptional items was up 36% year on year to £220m.
The business, which owns brands including Speedo, Canterbury of New Zealand and Boxfresh, picked up three gongs at the Drapers Footwear Awards in 2016 – Best Kids’ Brand for Kickers, Best Men’s Fashion Brand and Best International Business for Ted Baker for which it is the international footwear licensee.