Sport & Leisure
Sport & Leisure covers the business performance, product innovation, and consumer trends driving the UK’s sports, fitness, and leisure retail sectors. This section reports on brand strategy, partnerships, sustainability, and digital engagement across apparel, equipment, and lifestyle categories. Retail Sector’s Sport & Leisure coverage provides insight for retailers, suppliers, and brand managers into how evolving health trends, technology, and consumer behaviour are shaping growth and competition in this dynamic market.
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Apr- 2025 -11 April
Topgolf Callaway to offload Jack Wolfskin brand in $290m deal
Topgolf Callaway Brands has announced that it has entered into an agreement to sell its Jack Wolfskin business to Anta Sports for a base price of $290m (£222m) in cash, subject to net working capital and other customary adjustments. The transaction is expected to close in the late second quarter…
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10 April
JD Sports FY PBT to meet expectations
JD Sports has revealed that it expects its FY26 profit-before-tax to be in line with analysts expectations at £920m, but has warned that the year will be “challenging” due to market volatility and tariffs. The retailer also expects its total revenue to grow around 10% due to the impact of…
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2 April
Intersport sales hit €14bn as it continues global expansion
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…
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2 April
Decathlon revenues rise 5.2% in 2024 amid cost-control efforts
Decathlon has seen its revenues rise by 5.2% in 2024, but when adjusted for “unfavourable” exchange rates, revenues increased by 3.8% to €16.2bn (£13.5bn). It comes as the group underwent “rigorous” cost-control measures to mitigate the impact of cost inflation, which has allowed the sports retailer to maintain its commercial…
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Mar- 2025 -28 March
Decathlon appoints new CEO
Decathlon has announced the appointment of Javier López as the new chief executive officer. With 26 years of experience at the sporting goods retailer, López has held numerous positions within the company, in digital, logistics and retail. Most recently, he headed Decathlon Germany from 2012 to 2015, then served as…
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6 March
Adidas confirms 500 HQ roles to be cut as it lowers profit guidance
Adidas is set to axe 500 jobs at its headquarters in Herzogenaurach, Germany, in a bid to reduce operational costs and lower costs. The group which currently employs around 62,000 employees stated that it has worked with different departments and different processes and identified work streams how it can “reduce…
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Feb- 2025 -25 February
Tumi to open in Victoria Leeds in June
International travel and lifestyle brand Tumi is set to open a new store in Victoria Leeds in June. Marking the brand’s first location in the North of England, the 517 sq ft store will feature the brand’s extensive selection of premium luggage, backpacks, world-class business and travel products. Customers will…
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21 February
Frasers Group withdraws offer for Norway’s XXL ASA
Frasers Group has announced that it will not proceed with its intended voluntary offer for the shares in Norwegian sporting goods retailer XXL ASA at NOK 10 per share, which valued the company’s fully diluted share capital at NOK 246,357,450 (£17.45m). News comes after Frasers initially revealed its voluntary offer…
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Jan- 2025 -22 January
Adidas sees revenues surge 24% to €5.97bn in Q4
Adidas has reported “better than expected” Q4 results as its revenues grew 24% to €5.97bn (£5.17bn) compared with €4.81bn (£4.17bn) in 2023. Excluding Yeezy sales in both years, currency-neutral revenues increased 18%. The company’s gross margin also increased 5.2 percentage points to 49.8%, while its operating profit reached €57m (£49.4m),…
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3 January
Brompton profits plunge 99% in ‘tough year’
Brompton has revealed its profits plunged 99% to just £4,602 in what its managing director called a “tough year” in a sector that is battling excess stock. According to its most recent accounts filed with Companies House, it comes as sales fell 5.2% to 5.3% to £122.6m as it sold…
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