Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackDecathlon
Decathlon
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.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackGlob.Revenue, mln.USD
11400
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.
The Company Statement
December 19, 2023
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. 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. The company actually did not leave the Russian market, but continues to work through intermediaries, and earned $ 12 million.
November 23, 2023 | The first stores at the Decathlon site will open in late November - early December 2023 |
October 31, 2023 | The buyer of the Russian business Decathlon is launching a new Desport network |
October 02, 2023 | LLC "OKTOBLUE" - Moscow - General Director Strakhov D.V. - TIN 5029086747 |
September 11, 2023 | The Ministry of Industry and Trade announced the approval by the government commission of the transaction for the sale of Decathlon assets |
July 21, 2023 | The Ministry of Industry and Trade announced that Decathlon has found buyers for all its stores in Russia |
July 21, 2023 | The government commission approved the deal to sell the Russian business of Decathlon |
June 20, 2023 | Mash found out when Decathlon stores will open in Russia and what they will sell there |
May 30, 2023 | Vedomosti learned about the plans of the owner of Reebok in Russia to buy out Decathlon |
May 30, 2023 | Decathlon's Russian assets can be purchased by buyers of Russian Reebok and Zara stores |
May 30, 2023 | The owner of the Russian business Reebok and the owner of the Dubai Mall complex can buy Decathlon assets in our country |
February 22, 2023 | Ultimatum to Mulier: Auchan, Leroy Merlin and Decathlon will be checked in Russia for money laundering and asset stripping |
March 29, 2022 | Official Statement |
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