Therme Group Acquires Europe’s Largest Thermal Bathing Complex, Secures €320M Financing

Therme Group, a global leader in wellbeing destinations, has announced its acquisition of Therme Erd

more

Terme Snovik Launches €22 Million Expansion with New Four-Star Kneipp NaturHotel

Terme Snovik, a boutique spa located in north-central Slovenia near Kamnik, is embarking on its most

more

LifeFit Group Expands Premium Fitness Portfolio with SportsUp Acquisition

LifeFit Group, a leader in Germany's fitness industry, has strengthened its premium segment with the

more

Norrøna Concept Store Opens in Zürich: A Hub for Outdoor Enthusiasts

We’re excited to announce the grand opening of the Norrøna Concept Store Zürich, located at Löw

more

Proximity and Efficiency: Central Europe Becomes a Hub for Bike Production

The bicycle and e-bike industry is undergoing a transformative shift in 2025, with Central Europe (C

more

"Business Partner search for the Sports industry in Central Europe"


You are here » Home Page » CE Sports Business News » Intersport battles to a good year


Intersport battles to a good year

2016-01-31 source own
The German branch of Intersport announced at ISPO Munich 2016 that the company enjoyed an overall increase in turnover of 1% in 2015 compared to the year before. In total, the affiliated retailers reached a sales figure of around €2.9 billion. Although the German group is accountable for the Central and European markets as well, this number relates just to sales in Germany.

Intersport enjoyed a fantastic start to the year with sales increasing by around 7% in the first quarter, however, it got a bit trickier for the company after that as April saw sales plummet by 7%. The rest of the year stabilised numbers but an unusually warm December meant that sales decreased once more but by around 8% this time. The rest of the year was enough though to ensure that they stayed in growth in 2015.

When you break this down, it is clear to see that ‘team sports’ was the area that stopped the company from moving forward even further as sales in this department fell by nearly 20% with the main reason being a lack of an international soccer tournament. This seemed to be counter balanced by the impressive growth in the bike and fitness categories which increased by more than 15% and 5% respectively; sales of outdoor gear also increased by a modest 2%.

The growth of Intersport Germany was also aided by Austria and the Czech Republic who are also included in the figures. The Czech Republic saw its sales increase to €50 million (2% rise) whilst Austria’s sales reached €400 million (11% rise). Poland is also included in the group although the numbers haven’t yet been announced as Intersport Polska is currently publically listed. Slovakia enjoyed a 7% growth while Hungary remained at a similar level.

"Don't miss out on the latest insights and trends in Central Europe's thriving sports industry. Register now to receive Cesport's exclusive Business Report, offering valuable information on doing business in the region and an overview of the dynamic Sporting Goods market. Click here to access the report and unlock the potential of Central Europe's sports business landscape.