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The world’s biggest sports retailers
Our annual analysis of the world’s largest sports retailers presents the revenue of the top international sports retailers and ranks their growth year-on-year.
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Wildberries finalizes a high-profile merger
Russia’s biggest online retailer, Wildberries, has merged with outdoor advertising firm Russ Group to form a new retail platform.
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Ukrainian sporting goods market on a rollercoaster ride
The Ukrainian sporting goods market has shrunk considerably due to the war; sales and imports are far below pre-war levels, and recovery is uncertain, even if military orders bolster wholesale.
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Russian sporting goods industry hit by labor shortage
According to market players, Russian sporting goods retail is hit by a persistent labor shortage. Sportmaster, the largest Russian sporting goods retailer, “undoubtedly experiences a lack of workers,” Valentina Vatrak, Head of Sportmaster’s HR department, has told a local news outlet, Retail. Although she claimed the company is staffed 100 ...
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SGI Europe Executive Edition: Vol 35 - 17+18
Adidas sees strong Q1 metrics, better-than-expected results | JD Sports plans to acquire Hibbett in £899m deal, accelerating US expansion | Gymshark names GM, bolstering executive team for omnichannel expansion | XXL reports stronger gross margin, lower sales in Q1 | As wholesale recovers, Skechers raises 2024 sales and profit forecast | Garmin gains on positive results from all segments | Moncler brand revenues rose by 20 percent in Q1 | Esports World Cup with record purse of $60 million | Russia’s Sportmaster posts a 2023 revenue hike | Alipay+ launches football carnival across Asia for Uefa Euro 2024 celebration | Sprandi poised for comeback in Russia | Agilitas Sports obtains licence for Lotto in India, Australia and South Africa | Decathlon closes one more store in Sweden, only has one left | DFB Academy coaches bring German soccer to America | Foot Locker unveils new store concept at Willowbrook Mall |Finland’s Luhta reveals Olympic Collection from Rukka
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Russia’s Sportmaster posts a 2023 revenue hike
Russian sporting goods behemoth Sportmaster solidified its position as the country’s largest fashion retailer in 2023, thanks to a 14 percent hike in revenue to 160 billion rubles last year. Sportmaster generated nearly 70 percent more revenue than Kari and twice as much as Gloria Jeans; the companies ranked second ...
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Interview with Kant’s VP: “The holy place is never empty”
An interview with Maxim Vinogradov, VP of Russia’s retailer Kant.
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Russian major marketplace kicks off sporting goods project
Source: megamarket.ru Konda footwear Megamarket, a marketplace developed by Russia’s biggest state bank Sberbank (formerly communicated as SberMegaMarket), has launched its sporting goods brand Konda. So far, it includes only five shoes for running, but the company promises to gradually expand the offered range. By the end ...
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Russia’s Sportmaster tests a new store format
The largest Russian sporting goods retailer, Sportmaster, plans to launch 250 stores in a mini format in towns with a population of up to 50,000 people. All mini-stores will be established exclusively under franchise agreements, as the company prefers not to waste resources on expansion into Russian provinces. The first ...
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Frasers confident in strategy despite short-term challenges for premium lifestyle biz
UK retailer Frasers Group, which maintains its ambition to become the top sports retailer across the EMEA, reported a 12.6 percent increase in adjusted profit before tax (APBT) to £303.8 million (€354.6m) in H1/FY24 and said sales momentum in the early weeks of H2 were being driven by its Sports ...