All Iberian Sports Retail Group articles
-
Analysis
The European sports retail market
Our latest review of European sports retailers shows single-figure growth. We bring you the numbers in full across 15 countries and over 70 retailers.
-
News briefs
Formerly pure e-tailer predicts a record year
Deporvillage appears to have returned to double-digit growth in revenues and has accordingly raised its revenue forecast for the current year from €163 to €170 million, according to Modaes and Palco23. Should the crystal ball prove accurate, the retailer will surpass the record year of 2021 with its late-Covid euphoria. ...
-
News briefs
Banner FY 2022 at Sprinter
Sprinter’s sales for full-year 2022 exceeded €519 million, for a year-on-year increase of 30 percent, while net profit almost doubled, rising from €18.3 to €34.1 million – all according to Diffusion Sport. The chain also upped its store count in Spain by about 30 to a total of 205. It ...
-
Article
JD Sports to acquire all remaining shares of Iberian Sports Retail Group
JD Sports Fashion has announced its intention to acquire the remaining 49.98 percent stake in Iberian Sports Retail Group (ISRG), currently held by Balaiko Firaja Invest and Sonae Holdings, for a total cash consideration of €500.1 million, to be funded from the group’s existing cash resources. Upon completion of the ...
-
Article
JD Sports eyes 3.9% profit increase before tax and adjusted items in FY24
Britain’s JD Sports, coming out of a financial year where Ebit declined by 33 percent to £440.9 million (€507.6m) from £654.7 million due to exits from branded fashion businesses and the cost of shuttering its South Korea operations at a total expense of £550.5 million, is aiming to hit the ...
-
Article
Sprinter, Deporvillage hope to open new chapter with new store
Sprinter has opened a big store – on the former premises of an IKEA – that it hopes will serve as a watershed, separating its past from its future, according to Diffusion Sport and other sources in Spain. Located at the Alcora Plaza de Alcorcón shopping center in Madrid, the ...
-
News briefs
Sprinter expands in the Netherlands
Sprinter has opened a 532-sqm store in Tilburg and will soon open a 1,000-sqm store in The Hague, raising its Dutch total to six. Both will have Player Service, in which sports teams can have their name and logo screen-printed on apparel. The Spanish retailer operates in its home country ...
-
News briefs
Sprinter opens another store in Spain
On Nov. 24, as planned, Sprinter opened its 203rd Spanish store, a 900-sqm affair at the Plaza Norte 2 mall in San Sebastián de los Reyes, on the outskirts of Madrid. As Diffusion Sport reports, this will not be the last new store of 2022. The company expects to open ...
-
News briefs
Deporvillage launches its third own-brand
Deporvillage has developed a brand of technical men’s and women’s apparel and accessories for the outdoor market, according to DiffusionSport. The new Reld brand offers T-shirts, pants, fleeces jackets, vests, windbreakers, gloves and socks, manufactured with proprietary materials such as Reld Warm Keeper, Reld Dry Keeper, Reld Water Shelter and ...
-
News briefs
JD Sports acquires another 18% in Deporvillage, how holding 98% of the online retailer
Following the group’s announcement in June 2021, JD Sports Fashion announced that Iberian Sports Retail Group (ISRG; the group’s existing 50.02 percent intermediate holding company in Spain) has acquired an additional 18 percent holding in the issued shares of Deporvillage from co-founders Xavier Pladellorens and Àngel Corcuera for a cash ...
-
News briefs
Sprinter opens new stores in mainland Spain and the Canary Islands
Sprinter has just inaugurated a 925-square-meter store at the Atalaya del Tormes shopping mall in Salamanca and will soon open a new 750-square-meter store in Alicante on Oct. 20. More openings are planned in the Spanish island of Lanzarote, in the Canary Islands, for November, as well as in Pontevedra, ...
-
News briefs
Revenues up 71% year-on-year in H1 at ISRG
For the first half of the year, Iberian Sports Retail Group (ISRG) has posted sales of €621 million, for a year-on-year increase of 71 percent. A joint venture between Britain’s JD Sports (50%), Portugal’s Sonae (30%) and the Segarra family (20%), ISRG handles the business of the Sprinter, Sport Zone ...
-
News briefs
Bodytone may have equaled its record year
According to CMDsport, Bodytone International Group appears to have equaled in 2021 its record annual sales of 2020, which amounted to €28.5 million. And the Spanish producer of fitness equipment is looking forward to an even better 2022. Speaking with CMDsport, one of Bodytone’s two CEOs, Joaquín Marín, projected a ...
-
News briefs
Sprinter opens a first store outside Spain
Sprinter – the biggest and more techical sports retail banner within the Iberian Sports Retail Group (ISRG) – confirms that has opened its 173rd physical store and its first one outside of Spain. According to CMDsport, the Sprinter store is located at the Zuidplein mall in the Dutch port city ...
-
News briefs
Deporvillage’s catalog now exceeds 100,000 items
Deporvillage’s product catalog has passed the milestone of 100,000 items. Thanks to such lockdown effects as distance work and the spike in online purchasing, home fitness has become a top segment for the Catalonian e-commerce specialist, which was recently acquired indirectly by JD Sports Fashion through its controlling interest in ...
-
News briefs
Big push for JD and Sprinter in Iberia
The Iberian Sports Retail Group (ISRG), which is controlled by JD Sports Fashion, is contemplating a strong development of its physical store network, accompanying its push into e-commerce through its recent acquisition of Deporvillage and the local web stores of JD Sports and Sprinter. Sprinter, the more technical sporting goods ...
-
News briefs
Sport Zone will host an online marketplace
Over the coming months, the Iberian Sports Retail Group of JD Sports Fashion will be setting up a marketplace for Sport Zone, under whose banner more than a hundred physical stores are operating in Portugal and the Canary Islands. The group hopes to replicate the success of its Sprinter marketplace, ...
-
News briefs
Foreign sports retailers dominate on Facebook in Spain
CMDsport has published a report on the social-media presence of the top purveyors of sporting goods and sportswear in Spain. The top platform is Facebook, followed by Instagram and Twitter, and on Facebook the top chain, by a large margin, is JD Sports, with 3.47 million followers. JD is the ...