Go Sport divulges major international plans

Go Sport divulges major international plans

Go Sport divulges major international plans
Go-Sport-Belgium.be

French sports retailer Go Sport, which has twelve stores in Belgium, has very ambitious expansion plans. Spain and Poland are its European targets, but it will also focus on Morocco and India.

 

Fourty stores in Spain

Groupe Go Sport, which not only has the Go Sport chain, but also specialty stores like Courir (for running shoes), Bike+ (for bicycles) and Go Sport Montagne (for mountain sports), currently has more than 500 stores. The majority (425) are located in its home territory France, but the chain wants expansion abroad.

 

Its European expansion should be in Spain and Poland, CEO André Ségura said. It already has 33 locations in Poland and will open another two Go Sport and three Courir stores there soon. The group already has 4 Courir stores in Spain (Madrid and Barcelona) and the CEO thinks it can open up to fourty stores in the next five years.”

 

Morocco and India

The French retailer is also looking beyond the European borders: Ségura considers Morocco to be “one of the priorities in our international development”. Go Sport has been active in North Africe since 2013, with locations in Casablanca, Marrakech and Tanger. It opened a 2,100 sqm store in Casablanca last summer.

 

The group will also move to Asia soon: it signed a deal with Lulu Group International, one of the Asia’s largest store managers. Lulu will open a first Go Sport store in Manilla soon and it will also open a first Indian store in the spring of 2019. With more than one billion citizens, India should be able to harbour fourty Go Sport stores and an equal amount of Courir locations.

 

Go Sport had a 2017 turnover close to 1 billion euro and experienced a 5 % growth compared to the year before. Its main shareholder is distribution group Rallye, which also owns shares in supermarket chain Casino. “Twenty % of our turnover comes from international markets now, but we should increase that to 25 by 2020”, an ambitious Ségura said.

Questions or comments? Please feel free to contact the editors


Gerelateerde items

Régis Degelcke new EuroCommerce president

22/06/2018

Régis Degelcke is the new president of EuroCommerce. The chairman of Auchan will start his three-year mandate in July.

Tom&Co eyes 100 French stores

21/06/2018

Belgian pet shop chain Tom&Co continues its expansion in France with the opening of its 25th French store in Nantes. With a new concept, the chain hopes to be able to quickly expand to 100 stores in France.

France wants e-commerce tax

21/06/2018

If the French government get their way, the Hexagon will soon introduce a tax on e-commerce. Products would become 1 to 2 % more expensive, depending on the distance of the last delivery.

Toy store chain La Grande Récré pulls plug on Belgium

20/06/2018

French toy store chain La Grande Récré has decided to focus on the French market and to close its Belgian branch, due to continuing financial difficulties. 16 stores will close, causing a job loss of 95.

LVMH's Bernard Arnault invests in refurbished phones

14/06/2018

BackMarket, a French start-up that wants to be a marketplace for refurbished smart phones, tablets and laptops, has secured a 41 million euro investment. The most famous new investor is Bernard Arnault, CEO of luxury group LVMH.

Jumbo starts Belgian daughter company

13/06/2018

Dutch supermarket chain Jumbo has made another important step towards its expansion in Belgium: it has founded the company "bvba Jumbo Belgium".