Home / Knowledge / News / Retail / Intersport retail sales up 3.2% to €12.3 billion in 2019

Intersport retail sales up 3.2% to €12.3 billion in 2019

24
Jan '20
Pic: Intersport
Pic: Intersport
Global sporting goods retailer Intersport reported retail sales growth of 3.2 per cent in 2019 to €12.3 billion (excluding The Athlete’s Foot (TAF) €11.9 billion). A strong sales growth was achieved over all four quarters. Despite extremely warm autumn and winter weather in many sales regions, it achieved 3.9 per cent y-o-y increase in sales in Q4 2019.

By the end of 2019, Intersport had 5,421 sales outlets worldwide (5,562 in 2018) and was represented in 43 countries. The TAF network counted 561 stores, in 30 markets in 2019. In total, the Intersport Group was thus represented in 57 countries on all five continents.

This positive development is based on a consequent implementation of the group strategy Intersport 2.0, which focuses on initiatives in category management, data management, exclusive brands, elevated store concept, digital/omnichannel as well as strong partnerships with strategic brands. In close co-operation with the national Intersport organisations, the renewed management team of Intersport International Corporation (IIC) was able to increase sales and efficiency again, which is reflected in the further increased comp sales.

IIC’s Athletic Streetstyle banner, The Athlete’s Foot, has a continuous positive momentum increasing global retail sales by 11 per cent to €0.4 billion. With 561 outlets in 30 markets, on five continents, The Athlete’s Foot’s sales network has steadily grown in 2019 (2018: 537 stores).

“Under renewed leadership, the implementation of the Intersport 2.0 strategy was pushed ahead at full speed. We want to inspire and serve local sports enthusiasts, and we physically, digitally and emotionally – in a sustainable manner – connect consumers to the heart of sports. We are the only ones in sporting goods retail doing this out of an unexchangeable physical network, which is embedded in the local communities, with a uniquely strong and passionate group of store owners and employees,” said IIC’s new CEO, Steve Evers.

The growing attractiveness and re-gained momentum are also reflected in new partnerships. Intersport was able to recently enter promising co-operations with Suning in China and Momentum Sports in Taiwan, and TAF will further increase its global footprint.

Fibre2Fashion News Desk (PC)


Must ReadView All

Pic: IFC

Apparel/Garments | On 15th Apr 2021

IFC to support Haiti in revamping garment sector

IFC, a member of the World Bank Group, is supporting the garment...

Pic: Sorbis / Shutterstock.com

Textiles | On 15th Apr 2021

US textiles & apparel imports down 6.98% in Jan-Feb 2021

The import of textiles and apparel by the United States decreased by...

Pic: Shutterstock

E-commerce | On 15th Apr 2021

Vietnam companies get Amazon boost to turn into brands

The Vietnam Textile & Apparel Association (VITAS) and Amazon have...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

We are staring at livelihood crisis for weavers

Textile Industry, Head honchos

Textile Industry
Head honchos

Tech in fashion industry has hit acceleration button

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Gus Bartholomew,

Gus Bartholomew

<b>Gus Bartholomew</b>, co-founder of SupplyCompass, explains to <b>Subir...

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

P V Kadole,

P V Kadole

Nine co-operative organisations from Ichalkaranji came together to form an ...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Brad Holschuh, Wearable Technology Lab, University of Minnesota

Brad Holschuh
Wearable Technology Lab, University of Minnesota

A new study led by researchers at the University of Minnesota's Design of...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search