Décathlon has reportedly signed a deal with a major Chinese...

Décathlon has reportedly signed a deal with a major Chinese real estate company, China Vanke, to help develop its presence in second- and third-tier cities in the country. The French retailer already has 57 stores in China, and they are mostly located in the larger urban areas, measuring between 4,000 and 6,000 square meters. It wants to add 150 more stores in 100 cities over the next five years.