CONNECT WITH US
eCommerce

eCommerce

Decathlon sees double-digit sales growth, targets Rs 1,000 cr running sports biz in 4 years

ET Retail – Ecommerce logo

Published on

Add as a preferred source on Google
Decathlon sees double-digit sales growth, targets Rs 1,000 cr running sports biz in 4 years

Decathlon sees double-digit sales growth, targets Rs 1,000 cr running sports biz in 4 years

The company recently expanded to the northeast region, with the opening of the first store in Guwahati, Assam. It is deepening its wholesale and reseller network across the region, including Shillong and other cities, he added.

New Delhi, Decathlon Sports India, a leading sports goods manufacturer and retailer, is witnessing high double-digit growth in sales and expects its running sports category to generate over Rs 1,000 crore in revenue over the next four years, CEO Sankar Chatterjee said on Friday. Besides, Decathlon India currently operates 132 stores, is targeting 200 stores by 2030, with over half a dozen new outlets coming in the next quarter, he said. The company recently expanded to the northeast region, with the opening of the first store in Guwahati, Assam. It is deepening its wholesale and reseller network across the region, including Shillong and other cities, he added. Advt

Moreover, the subsidiary of the French sporting goods retailer Decathlon is also closely watching the Free Trade Agreement (FTA) between India and Europe and its potential impact on Indian manufacturing, particularly in the sporting goods sector, Chatterjee said. "We are really looking at how the FTA is going to impact Indian manufacturing, especially for Decathlon, because quite a lot can be done for Europe," Chatterjee told PTI. Footwear is one of the key focus areas for Decathlon as it looks to expand its manufacturing capabilities in India. "Just to give you a number, 50 per cent of the quantity that we sell in our stores this year is Made in India.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.