All El Corte Inglés articles
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News briefsEl Corte Inglés shuttering its sportswear banner
El Corte Inglés will be closing down its Sportown banner, which is devoted to sportswear, on Feb. 29, according to CMDsport. The reason is the failure to meet sales targets. The first Sportown stores, covering some 350 sqm apiece, opened in 2009 in major Spanish cities. There are, at present, ...
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News briefsEl Corte Inglés is the latest signatory to Spain’s SCRAP
El Corte Inglés has become a member of Spain’s Association for the Management of Textile and Footwear Residues. In its brief history – it was founded a year ago, last January – the association has obtained the membership also of Decathlon, H&M, IKEA, Inditex, Kiabi, Mango and Tendam. It was ...
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Infographics & DataTop 50 sporting retailers in the world 2022
Download our annual overview of the world’s 50 largest sports retailers, including revenue and growth ranking compared with last year.
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News briefsRip Curl to expand its retail presence in Spain
Rip Curl, part of KMD Brands, is planning to expand its retail presence in Spain in partnership with the El Corte Inglés department stores, according to Modaes. Spain is Rip Curl’s second European market after France. The brand currently has three stores in Spain, where it also sells its products ...
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News briefsA good 2022 at El Corte Inglés
El Corte Inglés has booked a solid fiscal 2022, despite the discomforts of the economic climate, according to Diffusion Sport. Revenues through the closing date of Feb. 8 amounted to €15.33 billion, up 22.5 percent year-on-year, while Ebitda was €951.4, up 18.3 percent. Recurring net income was the highest in ...
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News briefsAdministrative changes to come at El Corte Inglés
El Corte Inglés and labor representatives have agreed to a plan, according to Diffusion Sport, to reorganize the retailer’s central and regional administration so as to increase the efficiency of operations. Affected by the changes will be some 2,100 employees. The plan is intended to maintain employment but also to ...
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Infographics & DataThe Largest Sports Retailers Worldwide
Our exclusive annual analysis on the top 50 sports retailers worldwide. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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News briefsUnions seek to raise pay and benefits at El Corte Inglés
The collective-bargaining agreement drafted by Spain’s Federation of Department Store Unions (FASGA) for El Corte Inglés and other big retailers proposes a raise of 6 percent for employees earning about €18,500 a year for 2023, with a second 6 percent raise to follow in 2024. FASGA had proposed raises of ...
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News briefsAmazon on the wane, Decathlon supreme in e-bikes in Spain
Drawing data from the SEO software producer Sistrix, CMDsport has once again ranked the top ten e-commerce sites for e-bikes in Spain. The surprise this time around is that two local operations, Biciescapa.com and Bicimarket.com, have knocked Amazon.es down two pegs. Meanwhile, Decathlon.es has retained its top spot by a ...
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News briefs
Lululemon expands in Spain
Lululemon is cramming its early moves in Spain into a short span of time, according to Diffusion Sport. The Canadian brand switched on its Spanish e-commerce site at the end of August, and followed that up in early September with the opening of its first own-store in Spain, on Paseo ...
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News briefsSales up by 22% at El Corte Inglés for FY 2021
El Corte Inglés reported at its annual shareholder meeting in July that sales for the year ended Feb. 28 had reached €12.51 billion, in a year-on-year increase of 22 percent. EBITDA reached €804 million and consolidated net profit €120 million. Marta Álvarez, the Spanish retailer’s chairwoman, attributed this “return to ...
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News briefsLululemon at Club Pilates studios in Spain
Lululemon has begun distributing its products at the Club Pilates studios in Spain, Palco23 has reported. The Canadian athletic apparel retailer already has similar agreements with Club Pilates in other countries, including the U.K. and U.S. Club Pilates, which is owned by California-based Xponential Fitness, which currently has three studios ...
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News briefsSaucony boosts its retail presence in Spain
Saucony, a brand of Wolverine Worldwide, is planning to open around 20 shop-in-shops at El Corte Inglés’ department stores across Spain between 2022 and 2023, Modaes has reported. Specifically, between ten and twelve will open in the fourth quarter of 2022, devoted to its Originals product line (fashion). Six or ...
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Infographics & DataTop sporting goods retailers in Europe
This exclusive interactive chart ranks the top sporting goods retailers in Europe by revenues in USD for 2020 and percentage growth in their local currency. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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Infographics & DataTop 50 Sporting Goods Retailers in the Galaxy
This exclusive interactive chart ranks the top 50 sporting goods retailers by revenues in USD for 2020 and percentage growth in their local currency. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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News briefsUnder Armour partners with El Corte Inglés for its new sports-focused store in Barcelona
Under Armour has opened a new 500-square-meter space in the centrally located department store of El Corte Inglés at Portal del Angel in Barcelona, which is being remodeled to focus on sports brands, with UA acting as the main partner. It also hosts the first Nike Live store in Europe, ...
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News briefs
Online sales account for 17.3% of El Corte Inglès’ retail sales
El Corte Inglés, the leading Spanish department store chain, is a major factor in the country’s sporting goods market. The company reported a 19 percent decline to €10.52 billion in revenues from its retail business in the 2020 financial year, due to the Covid-19 pandemic. The drop would have been ...
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News briefs
El Corte Inglés discusses layoffs
El Corte Inglés has told the unions that it is considering between 3,000 and 3,500 voluntary layoffs as part of a reorganization of the company, which run Spain’s largest chain of department stores and multiple other operations, including shopping centers. Its department stores sell a lot of sporting goods, among ...
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News briefs
Adidas ranks high in Forbes’ ‘Best Employers’ list
The highest-ranking sports-related company on Forbes’ annual “World’s Best Employers” list this year was Adidas, at number 11, with Nike two slots behind. The next ones down were Puma (47), Decathlon (82), Under Armour (355), Foot Locker (482) and VF Corp. (505). The e-tailers that offer sporting goods for sale ...
