Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Case
-
Reference no. IMD-7-1937
Published by: International Institute for Management Development (IMD)
Originally published in: 2017
Version: 27.06.2019
Revision date: 26-Jul-2019

Abstract

Three generations of the Rubin family gathered around the dinner table for their usual Friday evening get-together. It was a perfect opportunity to discuss everything and anything about the business, the family and the world. The discussion quickly turned to the changing channels available to consumers. There had been many radical shifts before, and the family relished its agility and ability to regenerate itself regularly. Stephen's parents had arrived in Liverpool on ships from Eastern Europe and in 1932 set up a shoe wholesaler. Later, the Rubin family ventured into shoe manufacturing, first locally then became one of the first European companies to outsource production to Asia. Savvy investments, like the acquisition and divestment of a majority stake in Reebok, financially enabled them to progressively build a unique collection of sport brands, such as Speedo, Ellesse, Berghaus, Canterbury, Mitre and others. But venturing into retail with JD Sports Fashion was a radical departure from the family's B2B roots, and they still had to figure out all the implications of the move. Other topics of discussion included how digitalization and big data would impact the future of Pentland, the impact of global political shifts and the family generational transition, with the 2nd generation turning 80.

Time period

The events covered by this case took place in 1999-2017.

Geographical setting

Region:
World/global
Country:
United Kingdom

Featured company

Pentland Group
Turnover:
EUR 3.6 billion
Industry:
Retail; Apparel and fashion; Sports equipment

About

Abstract

Three generations of the Rubin family gathered around the dinner table for their usual Friday evening get-together. It was a perfect opportunity to discuss everything and anything about the business, the family and the world. The discussion quickly turned to the changing channels available to consumers. There had been many radical shifts before, and the family relished its agility and ability to regenerate itself regularly. Stephen's parents had arrived in Liverpool on ships from Eastern Europe and in 1932 set up a shoe wholesaler. Later, the Rubin family ventured into shoe manufacturing, first locally then became one of the first European companies to outsource production to Asia. Savvy investments, like the acquisition and divestment of a majority stake in Reebok, financially enabled them to progressively build a unique collection of sport brands, such as Speedo, Ellesse, Berghaus, Canterbury, Mitre and others. But venturing into retail with JD Sports Fashion was a radical departure from the family's B2B roots, and they still had to figure out all the implications of the move. Other topics of discussion included how digitalization and big data would impact the future of Pentland, the impact of global political shifts and the family generational transition, with the 2nd generation turning 80.

Settings

Time period

The events covered by this case took place in 1999-2017.

Geographical setting

Region:
World/global
Country:
United Kingdom

Featured company

Pentland Group
Turnover:
EUR 3.6 billion
Industry:
Retail; Apparel and fashion; Sports equipment

Related