Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Decathlon S.A. (Décathlon) is a French sporting goods retailer. With over 1,697 stores in 60 countries and regions, it is the largest sporting goods retailer in the world.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed
Revenue(RF), mln.USD
10
Assets(RF), mln.USD
135
Staff(RF), 2021
2500
Glob.Revenue, mln.USD
11400
Shops
60
Capital(RF), mln.USD
18

The government commission approved the deal to sell the Russian business of Decathlon. The Ministry of Industry and Trade announced the approval by the government commission of the transaction for the sale of Decathlon assets. Decathlon has closed down but still supply sport stuff.

The Company Statement
April 22, 2024

Suspend the operation of its stores in Russia. Vedomosti learned about the plans of the owner of Reebok in Russia to buy out Decathlon. Turkish FLO Retailing and Lebanese Azadea Group are negotiating the purchase of assets of the French chain Decathlon in Russia. New buyer was found for asset purchase, Russian company ARM, which owns, in particular, the Mango franchise. Decathlon stores will open by the end of this year after the sale to the new owner is completed, the asset sale transaction has already been approved by the government commission. 02.10.2023: ARM LLC becomes the new founder of the organization. The entry about the founder of the EUROPEAN SOCIETY "DECATHLON" has been removed from the Unified State Register of Legal Entities. Formally the company sold its business but continues to work through intermediaries, and earned $ 12 million. Also, the new chain of sports stores Desport has received a noticeable amount of excess retail space in Russia and is trying to fill it by leasing it to players in related sectors – fitness clubs, sports schools and sellers of related products.

February 23, 2024War in Ukraine: French companies grapple with leaving Russia
December 19, 2023Decathlon’s “secret project” to keep doing business in Russia
November 23, 2023The first stores at the Decathlon site will open in late November - early December 2023
October 31, 2023The buyer of the Russian business Decathlon is launching a new Desport network
October 02, 2023LLC "OKTOBLUE" - Moscow - General Director Strakhov D.V. - TIN 5029086747
September 11, 2023The Ministry of Industry and Trade announced the approval by the government commission of the transaction for the sale of Decathlon assets
July 21, 2023The Ministry of Industry and Trade announced that Decathlon has found buyers for all its stores in Russia
July 21, 2023The government commission approved the deal to sell the Russian business of Decathlon
June 20, 2023Mash found out when Decathlon stores will open in Russia and what they will sell there
May 30, 2023Vedomosti learned about the plans of the owner of Reebok in Russia to buy out Decathlon
May 30, 2023Decathlon's Russian assets can be purchased by buyers of Russian Reebok and Zara stores
May 30, 2023The owner of the Russian business Reebok and the owner of the Dubai Mall complex can buy Decathlon assets in our country
February 22, 2023Ultimatum to Mulier: Auchan, Leroy Merlin and Decathlon will be checked in Russia for money laundering and asset stripping
March 29, 2022Official Statement
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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