Popular now
Lululemon lowers full-year guidance after Americas slowdown

Lululemon lowers full-year guidance after Americas slowdown

British Land opposes ‘unacceptable’ TG Jones restructuring plan

British Land opposes ‘unacceptable’ TG Jones restructuring plan

UK retail footfall drops 2.6% as heatwave slows shopping recovery

UK retail footfall drops 2.6% as heatwave slows shopping recovery

Intersport sales hit €14bn as it continues global expansion

Intersport sales hit €14bn as it continues global expansion

On this episode of Talking Shop, we're joined by Dan Cate, CEO and Founder of SoldThrough. Dan is a heavyweight retail executive who has spent decades steering the merchandising and digital operations of America’s most iconic retail institutions, from Saks Fifth Avenue and Bloomingdale’s to Century 21 and Lord & Taylor. Today, through his platform SoldThrough, Dan helps international fashion brands cross the Atlantic and crack the notoriously brutal U.S. retail landscape. We break down his journey from the shop floor to the C-suite, the operational indicators that prove a brand is truly ready for international expansion, and how to navigate a fragmented American market without destroying your margins. We also discuss how to balance localised inventory with central efficiency, and the one non-negotiable metric that tells you a product has found genuine market fit.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Intersport, the global sporting goods retailer, has revealed its calendar year closed with global omnichannel sales increasing 2.1% compared with €14bn – an increase of 2.1% compared with 2023.

Alongside a gradual growth in digital sales, Intersport’s network of multi-format stores also grew by 83 to 5,464, which Intersport said reaffirms the organisation’s physical presence and hyperlocal strategy in 42 countries around the world.

Despite a “challenging” business landscape, the company saw particularly positive 2024 growth in its French, Italian and Swiss markets, as well as an upward trend in several specific categories, including Sportstyle, Football and Running.

By year end, Q4 represented the strongest period for sales, although the largest increase in comparison to 2023 occurred in Q3, reflecting Intersport’s maximisation of key events in the sporting calendar, such as the Olympic Games in France and the European Football Championship in Germany.

Corinne Gensollen, chairman of Intersport International Corporation GmbH, said: “We are very happy to see positive results for 2024, which demonstrate the ongoing transformation and strategic growth we are pursuing across the Intersport group.

“We are equally optimistic for 2025, as we continue to collaborate closely with our many Intersport National Organisations to ensure we keep providing real value for our customers across multiple categories, thanks to our comprehensive range of products, brands and our Private Label Brands.”

Pierre Irelli, chief commercial officer of Intersport International Corporation GmbH, added: “Further priorities for this year include strengthening Intersport’s Private Label Brands, deepening partnerships with key Strategic Brands, and collaborating closely with Intersport National Organisations to enhance our hyperlocal store network.”

“While families remain integral to Intersport’s consumer base, our brand is also committed to engaging with the next generation through innovative specialist store formats, unique local activations, and impactful marketing initiatives – keeping us at the very heart of sport.”

Previous Post
Topps Tiles HY sales jump 4% to £127.7m

Topps Tiles HY sales jump 4% to £127.7m

Next Post
How can a late Easter impact retailers?

How can a late Easter impact retailers?