Decathlon cited “strategic reasons” related to its production and distribution network. The facility, which has been in operation since 2006, served as one of the company’s five logistics hubs in Spain, supplying up to 30 stores at its peak. The closure will affect 110 employees, including 78 permanent positions.
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The France-based sporting goods retailer reports measurable progress on sustainability, driven by circular business and supply chain action.
Decathlon’s Spanish division is shifting its retail strategy by opening 18 football-focused store sections in September, totaling 4,000 sqm.
Decathlon plans to expand its footprint in India to over 90 cities and reach approximately Rs 8,000 crore (€870m) in revenue by 2030.
Athlete-founded US media brand TOGETHXR acquires a stake in Sportsish, a social-first creator platform reaching 331,000 followers.
The London-based ownership group Mercury13 now holds clubs in Italy, England and Spain, backed by Avenue Capital’s $1bn+ sports fund.
Terrence Murphy and Reggie Bush are betting on women’s sports and next-generation formats as the next frontier for institutional capital.
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