It has been revealed today that the European sportswear firm, Canterbury, has had to cut 72 jobs in the UK. Canterbury are renowned for their rugby sportswear supplies that includes rugby shirts for some of the well-known teams in the UK.
Based in Stockport Canterbury Sportswear recently became suppliers for the English premiership football team Portsmouth F.C., however many people have classed this as an unsuccessful move and may have been one of many decisions that have lead Canterbury down this path to administration. However the weaker value of the English pound would have increased the costs of imports from East Asia and been a major factor for the decline in figures.
All contracts with the Rugby clubs have now been canceled with immediate effect whilst the European business side of Canterbury will continue to trade under administration, until a suitable buyer can be found.
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