RBC: Decathlon decided to sell its assets in Russia
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The French sporting goods chain Decathlon decided to sell its assets in Russia and started looking for a buyer. This is reported RBC with reference to sources in the areas of retail and consulting.
Three interlocutors of the publication said that the retailer expects to sell the entire business. One source claims that Decathlon is willing to sell its properties separately.
According to the consulting company CORE.XP, Decathlon owns at least 135,000 sq. m. m of commercial real estate. The holding has two main legal entities in the country, Oktoblu and Blue House. The revenue of the first year for 2021 amounted to 28.6 billion rubles, net profit – 1.5 billion rubles. Revenue of the second – 948.6 million rubles, profit – 123.5 million rubles.
Decathlon announced the suspension of operations in Russia on March 26. The next day, all the chain’s stores were closed, including the Russian online store. However, on his website saidthat sales are suspended indefinitely.
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