Decathlon India is set to scale its Q-com offering to 10 more cities after successful pilots, while expanding large experience-led stores and targeting a doubling of its market share
French sports goods retailer Decathlon plans to reach nearly a billion-dollar sales in the Indian sports market over the next five years, helped by the expansion of its retail channels and product portfolio and growing sports culture in the country, its India Chief Executive Officer Sankar Chatterjee has said. Decthlon, which currently operates 132 stores in 55 cities across India, plans to expand its retail footprint to over 90 cities by 2030 and plans to register a revenue of around Rs 8,000 crore by then. "We are looking towards a double-digit growth in terms of our revenue year by year. After having a double-digit growth for the next five years, we believe that we will be able to get a significant market share in the sports market in India," Chatterjee said. In FY24, Decathlon Sports India Pvt Ltd reported its revenue from operations at Rs 4,008.26 crore and returned to profitability. When asked whether Decathlon Sports India aspires to be billion billion-dollar company in the
Decathlon plans to boost India's contribution to global sourcing to 15%, with a focus on local production and increased market share, targeting ₹7,000 crore revenue by 2030
French sports retailer Decathlon on Tuesday said it will increase sourcing of goods from India for its global operations to USD 3 billion by 2030. Decathlon has been sourcing from India for the last 25 years and is committed to its "Make in India" vision and its focus on local production capabilities to serve both domestic and global markets, the company said. This growth will be driven by a focused push in high-potential categories such as footwear, fitness equipment, and technical textiles, which will be designed to meet the evolving demands of both Indian consumers and global markets, it added. "Currently, India accounts for 8 per cent of Decathlon's global sourcing quantities," the French retailer in a statement, adding that the goal is to scale this to 15 per cent by 2030. For the India retail operations, Decathlon's local sourcing is over 70 per cent of the quantities sold in India in 2025. "This figure is expected to rise to 90 per cent by 2030, reinforcing the brand's focu
Decathlon plans to grow to 170 stores by 2027 and has launched a circular business model with repair, resale and buyback services across most of its Indian outlets
Leading sporting goods retailer Decathlon generated over Rs 4,000 crore revenue in India and became profitable in FY24 posting gains of Rs 197.19 crore, according to an RoC filing by the company. Decathlon Sports India Pvt Ltd has reported its revenue from operations at Rs 4,008.26 crore, up 2.24 per cent for the financial year that ended on March 31, 2024. It had reported a loss of Rs 18.61 crore in FY23 and its revenue from operations was at Rs 3,920.31 crore on a standalone basis, according to financial data accessed through the business intelligence platform Tofler. The company's total income was at Rs 4,066.40 crore in FY24 -- the highest for Decathlon Sports in India in the last five years -- reaching nearly half a billion USD from sales. Its operating revenue in FY22 was at Rs 2,897.77 crore, Rs 2,049.28 crore in FY21, and Rs 2,208.39 crore in FY20. Decathlon Sports India is a subsidiary of leading French sporting goods retailer Decathlon SE. It mainly engaged in the tradin
Aims to take local sourcing up to 85% by 2026 from 68% currently
French sports retailer Decathlon on Wednesday said it will invest 100 million euros (around Rs 933 crore) in India, its one of the fastest growing markets, in the next five years to expand retail footprint and manufacturing operations. The company expects its business to become double in next three to five years, said Decathlon India CEO Sankar Chaterjee. The company plans to have a network of 190 stores, having presence in over 90 stores in next 5 years as part of its expansion, he added. Besides, a handful of this would also be spent on enhancing the digital channel as per the omni-channel approach of the company. Decathlon will expand its manufacturing operations and increase sourcing from india for the local market and its global operations. Currently 68 per cent of the goods sold in India are locally produced. Besides, 8 per cent of Decathlon's global product range are also met through India manufacturing. "We are aiming to take the domestic manufacturing for Decathlon India
The retailer, which entered India in 2009, sells a host of sports accessories ranging from footballs and yoga mats to bicycles and exercise equipment
Reliance is in talks to lease 8,000-10,000 sq ft space across malls and high streets in top cities for the new venture. The name of the new brand has not been disclosed yet
French sports retailer Decathlon is accelerating its investments to ramp up production and enhance its retail presence further in India, one of its "most important" global markets, its Global CEO Barbara Martin Coppola has said. Decathlon expects to continue its "high growth rate" from the Indian market, which is also emerging as an important manufacturing hub for the sports retailer, from where it currently exports around 65 per cent of production to global markets, she added. For Decathlon, India is currently among the top ten global markets, growing "twice the rate" of others, where it entered in 2009 and now operates a network of 129 stores, she said. Coppola said she is "really impressed" with the evolution of the sports culture in India, especially among the middle class, which is gradually getting engaged in different kinds of sports, amid a rise in their income level with the growth of the economy. "We see a real appetite for overall sports consumption, people wanting to tr
India is a "big priority" market for Decathlon, and the French sports retailer expects the country to be among its top five global markets within the next five years, helped by expansion of store network and increased local sourcing, according to a top company official. Decathlon, as part of its growth plans, will add 10 new stores every year in India, while accelerating online sales and also increasing local sourcing to over 90 per cent in the next five years from the current average of 60 per cent, its Chief Retail & Countries Officer Steve Dykes said. This move would help Decathlon become more competitive in the fast-growing Indian sports and athleisure segment and increase exports to global markets from its Indian manufacturing facility, he said. India "is a top priority for us. We have five countries, which we call as leapfrog jump countries and one of them is India," Dykes said, while speaking at a Decathlon global event here. For Decathlon, India is already among the top ...
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