Intersport news and archive

Intersport France finalises purchase of Spanish subsidiary for 300,000 euros

Intersport France is poised to become the future owner of the brand and central purchasing office of its Spanish counterpart. According to Modaes, the French subsidiary has submitted an offer of 300,000 euros. This includes the acquisition of assets, some suppliers, and the integration of a significant portion of the workforce. The deal is still...

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Business

Intersport France targets 5.5 billion euros in revenue by 2030

French retailer Intersport reported a 6.3 percent increase in revenue for 2024, reaching 3.88 billion euro following its acquisition of struggling competitor Go Sport. The cooperative announced on Tuesday that it is targeting 5.5 billion euro in revenue by 2030. Intersport: online sales soar Growth in 2024 was driven notably by online sales,...

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Business|INTERVIEW

New Intersport CEO: ‘The global 2.0 strategy will be at the heart of our business’

Intersport is looking for new ways to grow. The shopping center specializing in sportswear and sports equipment is expected to conclude the first quarter of 2019 with several sales transactions, and the group wants to expand its online business, expecting growth prospects for 2019 to far exceed 2018 sales. To put this growth driver in place,...

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Retail

Tmall and Intersport launch interactive megastore in Beijing

Swiss sporting goods retailer Intersport and Chinese internet giant Alibaba’s Tmall unveiled on Tuesday a co-branded store in Beijing complete with interactive features “to offer consumers in China a more engaging and informative shopping experience” according to an Alizila news release. “We believe Tmall is the ideal partner in our endeavor to...