Brazil’s major sports retailer returns to profit

2012-07-30T00:00:00

After a careful new audit of its accounts, Grupo SBF, which owns the Centauro and By Tennis chains of sporting goods stores in Brazil, has reported a net profit of 44.4 million reais (€17.9m-$21.9m) for 2011, against a loss of R$22.2 million the year before.

SIGN-IN  if you are already a subscriber of SGI Europe

Gated access promo

Become an SGI Europe Professional subscriber

Get access to what the top decision makers are reading in the sporting goods industry:

  • Access  to all SGI Europe news across 14 coverage areas (Retail, Corporate & M&A, Financial, Product, Marketing, Trade & Sourcing, Sustainability, Technology,…)
  • Access exclusive content  before it breaks to the public, scoops and breaking news
  • Essential E-mail Briefings  with the latest analysis and most important industry developments of the international market
  • C-Suite Interviews, guest chronicles  from industry experts and leaders that are shaping the future of the industry
  • Organisation-wide access  across offices, people and devices

SUBSCRIBE TODAY!

View all subscription plans on our subscription page.