Decathlon (retailer) explained

Decathlon
Type:Private
Founder:Michel Leclercq
Location:Villeneuve d'Ascq, France
Key People:Barbara Martin Coppola (CEO)[1]
Locations:2080 stores in 78 countries (December 2022[2])
Industry:Retail
Products:Clothing
Sportswear
Sports equipment
Revenue: €15.6 billion (2023)[3]
Num Employees:101,000 (2023)

Decathlon (in French pronounced as /dekatlɔ̃/) is a French sporting goods retailer. With over 2,080 stores in 78 countries and regions (2023),[4] it is the largest sporting goods retailer in the world.[5] [6]

The company manages the research, design, production, logistics and distribution of its products in-house; partners with global suppliers; and markets its own brands directly to consumers in Decathlon-branded big-box stores.

The retailer stocks a wide range of sporting goods, from tennis rackets to advanced scuba diving equipment, usually in large, big-box superstores averaging 4,000m2 in size.[7] Decathlon Group markets its products under more than 20 brands.[8]

History

Founded by Michel Leclercq in 1976, Decathlon started with a store in Lille, France.[9] Its holding company was formerly known as Oxylane.[10]

The company expanded abroad a decade later: to Germany in 1986,[11] Spain in 1992,[12] Italy in 1993, Belgium in 1997,[13] Portugal, the United Kingdom in 1999, Brazil in 2001, mainland China in 2003, India and Romania in 2009, Turkey[14] and Czech Republic in 2010, Taiwan and Lebanon[15] in 2012, Hong Kong in 2013, Malaysia, Singapore and Mexico[16] in 2016, South Africa, Philippines, Tunisia[17] [18] and Indonesia in 2017; in South Korea, and Australia in 2018, and Canada in 2019. The company employs more than 93,710 staff.

In 2015, Michel Aballea was appointed as Chief executive officer of the Decathlon group.[19] In January 2022, Decathlon named Ingka group's chief digital officer,[20] Barbara Martin Coppola, as its new global chief executive officer,[21] the first time the Decathlon group hired externally for this role.[22]

In September 2019, Decathlon reached an agreement with Alltricks, an online retailer of accessories for cyclists and runners.[23] [24] [25] [26]

In 2023, Decathlon opened a training center in Lille.[27] By October 2023, Decathlon had nine training centers in partnership with Afpa Entreprises, an association for the professional training of adults, and three centers of its own on its premises.

In November 2023, Decathlon acquired Bergfreunde, an online specialist retailer for mountain sports, climbing, and outdoor equipment.[28] [29] Decathlon is increasing its investments to boost production and expand its retail presence in India, from where it presently exports around 65% of its output to international markets, according to Global CEO Barbara Martin Coppola.[30]

In July 2024, Decathlon reported its investment Recyc'Elit, a start-up specialized in the chemical recycling of polyester textiles and complex PET plastics. [31]

Product brands

Decathlon is vertically integrated, designing and developing its own products and marketing under its more than 20 brands, with each sport, and often sub-sports and sports groups, having their own. In March 2024, the company launched a simplified brand portfolio consisting of category specialist brands and expert brands.[32] [33]

Category specialist brands

Expert brands

Locations

As of May 2021, Decathlon operated 1,655 Decathlon stores worldwide in nearly 1,000 cities and 65 countries.

Online delivery has been introduced in Australia, Bangladesh, Belgium, Brazil, Bulgaria, Canada, Czech Republic, Chile, Colombia, Estonia, France, Germany, Greece, Hong Kong SAR, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Latvia, Lebanon, Mainland China, Mexico, Netherlands, Poland, Portugal, Philippines, Romania, Serbia, Singapore, Spain, Taiwan, Turkey, Ukraine, United Kingdom, and recently, Egypt, Malaysia, Thailand, and Vietnam.[34]

In India, Decathlon products may be purchased directly through their stores, after a change in India's FDI policy and approval for Decathlon in February 2013.[35] In addition to this, Decathlon products are also available online through their online resellers.

In late-2016, an online-only delivery service was introduced in Tunisia in preparation for the opening in Tunis of its first store.[36] The first store opened in November 2017 in Tunis City commercial center in Tunis.[37] [38] A second location opened in April 2018 in the country situated in La Marsa.[39]

In February 2017, they opened the first store in Bogota, Colombia in the mall Parque La Colina.[40]

In July 2017, Decathlon entered the Philippine market with a location at Festival Mall, Muntinlupa and at Tiendesitas, Pasig.[41] In August 2017, the company announced it would open its first Canadian store in Brossard, Quebec during the spring of 2018.[42]

In early-2017, Decathlon stores were opened in both Ghana and South Africa.[43] In November 2017, Decathlon entered the Indonesian market.[44]

Their first Australian store opened in Tempe, Sydney, NSW, in December 2017.[45] After two years in the Australian market, the viability of the Australian business is under question after posting a trading loss of $19,563,819 (Australian dollars) in two years of trading.[46]

In April 2018, the company announced it would open its first store in Kyiv, Ukraine, in the first months of 2019.[47] In November 2018, Decathlon opened its first store in Greece, Corinthe.[48] [49]

In 2019, the company opened stores in Ireland;[50] Vietnam;[51] Bangladesh; Malta; and Serbia.[52] The company also opened U.S. stores in California, which later closed in 2022.[53] [54] In an earlier attempt to enter the US market, it acquired the 18 Boston, Massachusetts area locations of MVP Sports Stores in 1999, rebranded them under the Decathlon brand, and subsequently closed those stores by 2006.[55] [56]

In November 2020, the first Decathlon store opened in Riga, Latvia.[57]

Decathlon was supposed to open in Mauritius in April 2021 but due to the lockdown, the grand opening was on 13 May 2021.

In April 2021, the first Decathlon store opened in Saudi Arabia, Jeddah.[58]

Following the 2022 Russian invasion of Ukraine, many international, particularly Western companies, pulled out of Russia. Decathlon has been criticized for not announcing any scaling down of its operations, unlike most of its Western competitors.[59] [60] On 29 March, Decathlon announced that it has ceased its operations and suspended the operation of all its stores in Russia.[61] However, reports in mid-June indicated that the stores are still in operation and may be temporally closed by the end of the month until it becomes possible to renew supplies.[62] In May 2023, it became known that the Turkish company FLO Retailing and the Lebanese Azadea Group were negotiating the purchase of the Russian Decathlon. FLO Retailing has previously bought the Russian business of the Reebok chain.[63] As a result, the Russian government approved the sale of Decathlon to the Russian company ARM, which previously acquired the brand of the Spanish retailer Mango on a franchise basis. ARM promised to reopen all 35 Decathlon stores in Russia.[64] In December 2023, Decathlon confirmed that they are supplying a limited quantity of their products to ARM for a limited time period as part of the company's disengagement agreement in Russia in respond to a report that the company continued to supply their products to Russia through shell companies.[65] [66]

In May 2023, Decathlon opened its eighteenth store in Morocco.[67] Later on 1 August 2023, Decathlon closed their physical and online store in Bangladesh, and shifted to sell their products through Daraz and Unimart. Later in September, it was announced that a new Decathlon store would open Trois-Rivières, Canada.[68] In November 2023, Decathlon opened in Beau-Plan, Maurice.[69] The same year, the opening of a fourth Decathlon store in Strasbourg was reported.[70] Also in 2023, Decathlon unveiled its plan to set up a new shop in the Cristal shopping center in Martigny, Switzerland. In December 2023, a new Decathlon store was opened in Tahiti.[71] [72]

In January 2024, Decathlon opened its third store in Dublin, Ireland.[73] [74] Later, in February, Decathlon unveiled its planned four further openings in Swiss city centers: two in Geneva, one in Vevey and one in Winterthur.[75] Indeed, it was announced that a new Decathlon store would open in Agy Centre, Switzerland.[76] [77] Also in early-2024, it was reported that another store in Perpignan would be opening in March and it would be one of Europe's largest Decathlon stores.[78] [79]

In February 2024, Decathlon revealed plans to close down most of its stores in Sweden, to focus on e-commerce. However, in July it announced a complete withdrawal from the Swedish market, after 13-year operation in the country. The given reasons were global economic fluctuations, declining market demand and rising cost.[80]

Economic review

Its success has greatly contributed to the decline of independent retailers in France, while the spread of its own brands has caused great difficulties for traditional manufacturers. 2008 was a record year for the company as the brand Decathlon had beaten all its competitors on three key points: margin, market share, and highest turnover per square meter of retail space. It is arguably the third at a global level. A 2008 survey of 774 catchment areas at the request of the Ministry of Economy and Finance shows that "for sporting goods, Decathlon is dominant in 92.8% of zones".[81] This dominant position has the effect of marginalizing its commercial competitors, including independent retailers.[82]

Competition

In 2009, Decathlon's sector rivals, and, joined forces to set up a common purchasing center in Switzerland, intended to "pressurize most of the major international suppliers", according to François Neukirsh, Managing Director of Go Sport, in the newspaper Les Échos. Otherwise, the company does not have significant competition due to its specific target audience in mass-market retail. Intersport is also a major competitor mainly in the European market.Decathlon has changed its name to Nolhtaced for a month in Belgium for promoting reverse shopping.[83]

Social standards

Since 2003, Decathlon has adopted a social charter of the Social and Environmental Responsibility World Forum regarding human rights, health and safety, respect for the environment, corruption and management and communication.[84]

Decathlon has, however, declined to disclose the names of its suppliers, and has been under scrutiny after reports indicate that the company's suppliers in Sri Lanka's free trade zones violate the country's labour laws.[85]

Notes and References

  1. News: French sports retailer Decathlon names Barbara Martin Coppola as new group CEO . Reuters . 25 January 2022 .
  2. Web site: Decathlon United. Decathlon United.
  3. News: KEY FIGURES 2023.
  4. News: DECLARATION OF EXTRA FINANCIAL PERFORMANCE 2020. Decathlon Group. 24 January 2022.
  5. News: Decathlon, known as 'the Aldi of activewear', will open first Aussie store in Sydney tomorrow . . 4 December 2017.
  6. News: Largest Sporting Goods Retailer, Decathlon Boosts Ground-Level Distribution Visibility with LogiNext . . 28 September 2017.
  7. Web site: Caruel. Sarah. Decathlon - Oxylane - Ox'IT. International Internships. 15 May 2015. https://web.archive.org/web/20150620181839/http://international.iteem.ec-lille.fr/asia/decathlon-oxylane-oxit/. 20 June 2015. dead.
  8. Web site: Our Passion Brands.
  9. Web site: Sporting Goods Retailer 'Decathlon' Launches Rapid Cross-Canada Superstore Expansion [Feature]]. RETAIL INSIDER. 28 August 2019. 16 April 2020.
  10. Et Oxylane redevient Décathlon . 6 December 2023 . LSA. 29 October 2014 . Conso . L. S. A. .
  11. Web site: Décathlon tente une percée en Italie . 6 December 2023 . Les Echos. 2 April 1993 .
  12. Décathlon, à fond la forme en Espagne . 6 December 2023 . LSA. 14 June 2012 . Conso . L. S. A. .
  13. Web site: Decathlon klaar voor drie nieuwe winkels. 11 January 2021. De Standaard. October 2004 . nl-BE.
  14. Web site: Tarihimiz. 10 September 2021. decathlon.com.tr.
  15. Web site: Décathlon ouvre un premier magasin au Liban. 1 April 2024 . Fashion Network.
  16. Web site: ¿Quienes somos?. 16 February 2024 . Decathlon Mexico.
  17. Web site: Decathlon a ouvert son premier magasin en Tunisie . 6 December 2023 . Fashion Network.
  18. Web site: Tunisie : Décathlon débarque dans le pays . 6 December 2023 . Infomédiaire.
  19. Web site: Decathlon Announces New Chief Executive Officer . 5 September 2023 . Decathlon.
  20. Web site: 25 January 2022 . Chief Digital Officer Barbara Martin Coppola to leave Ingka Group . 4 September 2023 . Ingka.
  21. Web site: Nomination Direction Générale du groupe Decathlon. 26 January 2022. Decathlon Presse et Media. fr.
  22. Web site: Rydzek . Camilla . 26 January 2022 . Decathlon appoints first external CEO . 5 September 2023 . The Industry.
  23. Web site: Decathlon s'offre Alltricks, l'Amazon du vélo . 25 December 2023 . Les Echos. 2 September 2019 .
  24. Web site: Decathlon rachète Alltricks, start-up du cycle . 25 December 2023 . Le Figaro. 3 September 2019 .
  25. Web site: Avec Alltricks, Decathlon s'offre la référence des amateurs de vélo et se renforce dans l'e-commerce . 25 December 2023 . BFMTV.
  26. Web site: Avec Alltricks, Decathlon se développe sur le marché du vélo d'occasion . 25 December 2023 . Entreprendre. 16 November 2022 .
  27. Web site: Decathlon lance son centre de formation à Lille . 21 February 2024 . Fashion United. 12 October 2023 .
  28. Web site: 27 November 2023 . DECATHLON ACQUIRES BERGFREUNDE . 27 November 2023 . Adnkronos.
  29. Web site: Decathlon fait l'acquisition du spécialiste outdoor Bergfreunde . 25 December 2023 . Fashion Network.
  30. News: 17 March 2024 . Decathlon to accelerate investments in India on production, expansion: CEO . 22 March 2024 . Business Standard.
  31. Web site: Decathlon investit dans Recyc'Elit . 10 July 2024 . L'Usine Nouvelle.
  32. Web site: Hill . Eloise . 12 March 2024 . Decathlon unveils global rebrand as it overhauls logo, stores, and business model - Retail Gazette . 13 March 2024 . Retail Gazette .
  33. Web site: 12 March 2024 . Decathlon new brand identity and positioning . 13 March 2024 . Decathlon United . en.
  34. Web site: Delivery information . https://web.archive.org/web/20191209132109/https://www.decathlon.com.cn/zh/help/articles/_/R-a-shipment-delivery . 2019-12-09 . 1 December 2020.
  35. Web site: 2013-02-14 . FIPB okays 4 single brand retail proposals . https://web.archive.org/web/20131115022536/http://www.indianexpress.com/news/fipb-okays-4-single-brand-retail-proposals/1073774/ . 2013-11-15 . 14 February 2013.
  36. Web site: decathlon.tn . 12 January 2017.
  37. Web site: 3 January 2017 . DECATHLON enfin en Tunisie ! Interview avec le Directeur de la marque en Tunisie . dead . https://web.archive.org/web/20200214133728/http://www.pagesport.tn/2017/01/03/decathlon-enfin-en-tunisie-interview-avec-le-directeur-de-la-marque-en-tunisie/ . 14 February 2020 . 20 January 2017.
  38. Web site: Inauguration de Décathlon Tunisie . 6 December 2023 . Leaders.
  39. Web site: Tunisie : Décathlon continue sa conquête de l'Afrique . 6 December 2023 . Jeune Afrique.
  40. Web site: Decathlon: el reto en Colombia es ofrecer los mismos precios que en Europa . Portafolio.co.
  41. News: 21 July 2017 . #SportsForEveryJuan: Decathlon Philippines Opens At Festival Mall . Relatable Fitness . 14 August 2017 . 14 August 2017 . https://web.archive.org/web/20170814175124/https://www.jeffalagar.com/2017/07/sports-for-every-juan-decathlon-philippines-opens-at-festival-mall/ . dead .
  42. News: 14 August 2017 . Decathlon Announces 1st Canadian Location . Retail Insider . 15 August 2017.
  43. Web site: Decathlon continues to invest in Africa with Kenya store . 6 December 2023 . Fashion Network.
  44. News: 20 November 2017 . Decathlon Indonesia opens nation's largest sports store . 3 November 2020.
  45. Web site: Carey . Alexis . 5 December 2017 . Decathlon in Tempe, Sydney: The ALDI of activewear opens first store . live . https://web.archive.org/web/20171207085421/http://www.bodyandsoul.com.au/fitness/fitness-gear/the-aldi-of-activewear-opens-first-aussie-store-today/news-story/5f3e165642cb4901cc1002d797b7d199 . 7 December 2017 . 16 January 2019 . bodyandsoul.com.au.
  46. Web site: Search Company and Other Registers . 25 November 2019 . connectonline.asic.gov.au.
  47. News: Стало відомо, яким і де буде перший в Україні магазин найбільшого у світі спортивного бренду . 26 September 2018.
  48. Web site: Decathlon a pénétré son 50e marché mondial . 17 December 2023 . Fashion Network.
  49. Web site: Decathlon ouvre ses portes à Corinthe, en attendant Athènes en 2019 . 17 December 2023 . Le Petit Journal.
  50. News: Decathlon plans nine outlets for Ireland, starting with Ballymun . 21 January 2019.
  51. News: Decathlon Vietnam opens first store . 2 October 2019.
  52. News: First Decathlon sporting goods store opens in Serbia . 12 May 2020.
  53. News: Decathlon opens first American store . 21 November 2020.
  54. News: Li . Roland . 1 February 2022 . World's largest sports retailer to close stores in S.F. and Emeryville, another loss during pandemic . . 3 August 2023.
  55. News: Décathlon se retire du marché américain . 14 December 2023 . Le Monde.fr. 2 October 2006 .
  56. Décathlon quitte les États-Unis . 14 December 2023 . LSA. 5 October 2006 . Conso . L. S. A. .
  57. Web site: French Decathlon to open the first store in Latvia this fall . 14 December 2023 . Baltic Course.
  58. Web site: Store Finder . 14 September 2023 . Decathlon KSA.
  59. Web site: Pladson . Kristie . Which companies have pulled out of Russia over the Ukraine invasion?. 11 March 2022 . dw.com.
  60. Web site: 8 March 2022 . Auchan, Total, Renault… L'embarras des entreprises françaises en Russie . 13 March 2022 . L'Obs . fr.
  61. Web site: 29 March 2022 . Decathlon finally closes Russian stores after boycott calls . 29 March 2022 . Retail Gazette.
  62. https://www.moscowtimes.eu/2022/06/15/dekatlon-vkontse-iyunya-zakroet-moskovskie-magazini-a21322 «Декатлон» в конце июня закроет московские магазины
  63. Web site: Владелец российского бизнеса Reebok и собственник комплекса Dubai Mall могут выкупить активы Decathlon в нашей стране. ru. 30 May 2023. Vedomosti.
  64. Web site: Правительство одобрило продажу Decathlon компании—владельцу франшизы Mango. ru. 21 July 2023. Kommersant.
  65. News: 19 December 2023 . French sports retailer acknowledges secretly supplying Russia . 13 March 2024 . .
  66. Web site: 19 December 2023 . Press Release December 19th, 2023 . 13 March 2024 . Decathlon United . en.
  67. Web site: Une 18e ouverture pour Decathlon Maroc . 9 February 2024 . L'Economiste. 18 May 2023 .
  68. Web site: Décathlon s'installe à Trois-Rivières . 9 February 2024 . L'Hebdo Journal. 18 September 2023 .
  69. Web site: Une ouverture tant attendue . 12 February 2024 . L'Express. 8 November 2023 .
  70. Web site: Exclusif : un nouveau magasin Decathlon va bientôt ouvrir à Strasbourg . 9 February 2024 . Actu. 19 August 2023 .
  71. Web site: Ouverture de Décathlon Tahiti : " On a beaucoup de stock " . 21 February 2024 . Radio 1. 7 December 2023 .
  72. Web site: Decathlon Tahiti accueillera ses premiers clients vendredi . 21 February 2024 . TNTV News. 5 December 2023 .
  73. Web site: Decathlon to open third Irish store in Dublin city centre . 1 March 2024 . Irish Independent. 17 January 2024 .
  74. Web site: Decathlon to open new store at Dublin's Clerys Quarter . 1 March 2024 . RTE. 17 January 2024 .
  75. Web site: Commerce: L'ouverture du magasin Decathlon de Granges-Paccot est prévue pour novembre . 29 February 2024 . La Liberté.
  76. Web site: Granges-Paccot: Agy Centre va se moderniser et devrait accueillir Decathlon . 9 February 2024 . La Liberté.
  77. Web site: Commerce: Il y aura bien un nouveau magasin Decathlon à Agy Centre . 9 February 2024 . La Liberté.
  78. Web site: Perpignan. Ce nouveau gigantesque magasin a annoncé sa date d'ouverture . 9 February 2024 . Actu. 9 February 2024 .
  79. Web site: À quoi va ressembler le prochain grand magasin Décathlon au sud de Perpignan ? . 21 February 2024 . France Bleu. 21 September 2023 .
  80. Web site: Decathlon officially withdraws from the Swedish market and ceases all business operations . 8 August 2024 . Linkedin. 30 July 2024 .
  81. http://hebdo.nouvelobs.com/hebdo/parution/p2275/articles/a376987-.html?xtmc=decathlon&xtcr=81 Distribution : l'enquête secrète de Lagarde
  82. « La déferlante des MDD façon Decathlon déstabilise évidemment les marques traditionnelles. », Gilles Tanguy : Decathlon, le colosse qui écrase tous ses rivaux, Capital, 3 July 2009; « Cinq cents personnes rassemblées jeudi à Saint-Denis (Seine-Saint-Denis) à l'appel de la fédération textile - habillement - cuir CGT, ont envahi un magasin Decathlon près du Stade de France pour protester contre les plans de licenciements et les délocalisations dans le secteur textile, a-t-on appris de sources policière et syndicale. », Nouvelobs.com, 06.03.2003.
  83. News: Decathlon changes name to 'Nolhtaced' in Belgium; find out why . The Indian Express . 13 October 2022.
  84. https://www.bipiz.org/en/advanced-search/the-responsible-buying-process-at-oxylane.html
  85. Web site: Sewing on an Empty Stomach . 6 December 2017 . Zeit Online. 3 June 2019.