All Spain articles – Page 4
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News briefsBanner 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 ...
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News briefsA look at Decathlon Spain’s FY 2022
In financial-year 2022, according to Spain’s Mercantile Register (as reported by CMDsport), Decathlon Spain generated sales of €1.869 billion (VAT excluded), 3.57 percent more than the €1.804 billion in the previous year. This is the highest total since 2018. The chain’s sales have been rising overall since 2018. There was ...
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News briefsSpain raids counterfeiters
Early this month, after an investigation that began in 2016, Spanish authorities dismantled a counterfeiting ring, arresting 39 people spread between Madrid (14), Seville (4), Girona (15), Málaga (3) and even as far afield as Tenerife (3), in the Canary Islands. They also searched 13 domiciles and inspected 22 warehouses, ...
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News briefsBank engages in financed e-commerce
Gupo Kutxabank – born in 2012 from the merger of BBK, Kutxa and Vital, three banks in Spain’s Basque Country – has launched an online shop of goods and services for its customers, TradeSport reports. Kutxabankstore, as the service is called, divides its offering into six sections: technology, mobility, household, ...
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News briefsSales up for H1 at Base Detall Sport
Base Detall Sport is satisfied with its performance so far in 2023, which it considers a year of stabilization and consolidation. With VAT excluded, accumulated sales for the first half amounted to about €65 million, for an increase of 13 percent year-on-year, as Diffusion Sport and TradeSport have reported. Online ...
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News briefs361 Degrees expands distribution partnership in Spain
Andalusian distributor, VC Sport, is to be the new distribution partner of technical basketball shoes from Chinese-based sporting brand 361 Degrees, according to CMD Sport. This is in addition to the brand’s technical shoes, which VC Sport has been distributing since 2017. Owner and head of the company, Roberto Canalesis ...
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News briefsSpanish retailer posts record sales
Spanish retailer Megasport achieved record sales of €21.5 million in its fiscal year ended April 30, CMD Sport has reported, surpassing the €20 million mark for the first time in its history. Sales were up 17 percent compared to the 2021/22 fiscal year. Megasport was founded in 1990 by David ...
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News briefsDecathlon to run 17 stores in part on solar power
Decathlon Spain is installing some 12,542 square meters of solar panels onto the roofs of 17 of its stores, according to Diffusion Sport. It expects the panels to generate more than 3.7 million kWh, or about 35 percent of the stores’ annual consumption of electricity, for a savings of 1,277 ...
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ArticleVölkl exits pádel market
Völkl is getting out of the pádel market and refocusing on tennis, as the German brand’s sales director for racquet sports in Spain, Héctor García, told CMDsport. The reversal, he observes, is enabling Völkl to evade some of pádel’s present-day turmoil. “This is not the time to enter” that market. ...
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ArticleSpanish market could break €9bn next year, says Afydad
Retail revenues (sell-out) for the Spanish sporting goods industry continued its march toward the €9 billion mark in 2022, reaching €8.993 billion through year-on-year growth of 4.6 percent. Things have, however, slowed down since the boom year of 2021, which offered more than twice the growth (11.1%). Last year’s wholesale ...
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News briefsDecathlon Spain tops €2bn in FY sales
With the value-added tax (VAT) included, Decathlon Spain exceeded €2 billion in sales – reaching €2.106 billion, to be exact – over the course of FY 2022, for a rise of 3.54 percent year-on-year, according to Diffusion Sport and TradeSport alike. Net profit amounted to €100 million. Online sales accounted ...
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ArticleA pádel headhunter and consultant surveys the court
Fernando Blanca has given CMDsport a tour of the world of pádel from his perspective as director general of the specialized headhunting agency Padel Recruits and director of marketing and international business development at the consultancy World of Padel. The state of the sport overall is “good,” with steady growth ...
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ArticleAfter Mexico, Shein plans to roll out in Europe’s larger markets
Shein, the Singapore-based fast-fashion online retailer, announced that it is expanding its marketplace to Mexico, and that launches in Germany, Spain, France and Italy “will soon follow suit.” The marketplace was previously rolled out in Brazil and the U.S. Shein noted that the local marketplaces offer products from third parties ...
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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 briefsTmall pilot launches in Spain
As reported by German magazine WirtschaftWoche and other media, Alibaba has started to enter the European market with the first pilot of its B2C marketplace Tmall in Spain. Following Alibaba’s recently announced split into several divisions, one of them will be exclusively dedicated to internationalization. It remains to be seen ...
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News briefsSprinter revamps store in Granada
Sprinter has overhauled and reopened one of its top stores, located at the Granaita de Pulianas mall in Granada, Spain. According to Diffusion Sport, this more experiential version of the store covers some 2,300 square meters and has expanded its staff from 39 to 50. A section called Sports Lab ...
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News briefsNew chairman at Intersport Spain
Intersport Spain’s board of directors has a new chairman in Maite García Frutos, according to Diffusion Sport. García Frutos is chief executive of Tovarsport, an Intersport retailer in Murcia, and has had a seat on the board for the past 15 years. Oriol Tomás Carulla is stepping down from the ...
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News briefsNike to open megastore in Malaga in 2024
Nike will open a two-floor store in the sixth largest city in Spain, Malaga, in 2024, according to El Español. The store near the Plaza Mayor Shopping Center will also comprise a gym operated by another company. Construction work, which is already underway, is expected to be completed by March ...
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News briefsSpain hits the milestone of four million federated athletes
The total number of federated athletes in Spain exceeded four million for the first time in 2022. According to figures from the Spanish Ministry of Culture and Sports, federated athletes were 4.1 million last year, representing both a record number and a rise of 4.5 percent compared to the pre-pandemic ...
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News briefsRevo opens flagship store in Barcelona
Californian sunglasses company Revo, founded in 1985, has opened its first flagship store in Barcelona, Spain. The store is located in Baixada de la Llibreteria in the Gothic Quarter, one of the city’s most charming and lively neighborhoods. The newly opened store will feature the company’s full line of eyewear ...
