Early Life
Robert Stephen Rubin was born in December 1937. He attended Canford School in Dorset before graduating from University College London in 1958 with a law degree. Initially, he aimed to become a barrister.
Rise to Success
Rubin's career took a different turn when he joined the Liverpool Shoe Company, founded by his parents. He became the joint managing director and later the chairman. In 1973, Rubin transformed the company into the Pentland Group, which became the UK's largest sports apparel and footwear company. A key achievement was the investment in Reebok in 1981, acquiring a 55% stake for $77,500, a move that significantly boosted Pentland's turnover. The sale of Reebok shares in 1991 for $770 million was another major success.
Key Business Strategies
Rubin's strategic leadership involved transforming a shoe company into a sporting goods giant. Key strategies included investing in promising brands like Reebok and expanding the business through acquisitions. Pentland Group's investment in JD Sports Fashion plc, where they remain the majority shareholder, shows a continued focus on the retail sector.
Philanthropy
Rubin is known for his philanthropic work and support of various charities. The Rubin family has supported the Wingate Institute of Physical Education & Sport in Israel. Corporate social responsibility is inherent to Pentland's business model.
