Early Life
Robert Stephen Rubin was born in December 1937. He attended Canford School in Dorset and graduated from University College London in 1958 with a law degree.
Rise to Success
Stephen Rubin's career began after an unsuccessful bid for the House of Commons in 1959. He joined the Liverpool Shoe Company, founded by his parents. He became joint managing director and, after his father's death in 1969, assumed the role of chairman. In 1973, he transformed the company into the Pentland Group, the UK's largest sports apparel and footwear company. A pivotal moment was the 1981 acquisition of a 55% stake in Reebok, which was later sold for a substantial profit. Rubin served as chairman and chief executive of Pentland until 1998 and took the company private in 1999.
Key Business Strategies
Rubin's key strategies included strategic acquisitions and a focus on growing the Pentland Group's brand portfolio. The investment in Reebok and subsequent sale was a landmark decision. Under his leadership, Pentland Group has grown to own a number of successful brands like Berghaus, Ellesse, and Speedo, and has maintained a majority stake in JD Sports Fashion.
Philanthropy
Rubin and Pentland Group have supported the Wingate Institute of Physical Education & Sport in Israel, as well as the World Maccabiah Games. He has also been involved in efforts to eliminate child labor in the sporting goods industry.