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Decathlon will significantly reduce the number of its brands

2024-03-12T15:32:22.707Z

Highlights: Decathlon will significantly reduce the number of its brands. The sporting goods brand wants to reduce its brand portfolio to a dozen and reduce its carbon emissions by 20% by 2026. Decathlon achieved 15.4 billion euros in turnover in 2022, the last financial year for which the results are known. The brand presented its strategic plan on Tuesday in Paris, during a “ show ” with dancers and athletes including cyclists from the professional team it recently sponsored, as well as judoka Teddy Riner.


The sporting goods brand wants to reduce its brand portfolio to a dozen and reduce its carbon emissions by 20% by 2026.


The Decathlon brand, which has made sport accessible, intends to “

simplify

” its brand portfolio.

The objective: to go from several dozen to a dozen, he made official on Tuesday by presenting a strategic plan also targeting a 20% reduction in its carbon emissions by 2026. Decathlon, which claims 100,000 employees and 1,700 stores in more than 70 countries, plans to consolidate its portfolio of brands “

with 9 specialized categories

”, including Quechua for the mountains, Tribord for water and wind, Kipsta for team sports and even Btwin for “

urban skiing

”. and “

4 expert brands

”, Van Rysel (road cycling), Simond (mountain climbing), Kiprun (running) and Solognac (hunting).

The objective for these last four, which can be distributed outside Decathlon stores, is to compete with the best manufacturers, Fabien Brosse, product and sports manager, said on Tuesday.

The brand presented its strategic plan on Tuesday in Paris, during a “

show

” with dancers and athletes including cyclists from the professional team it recently sponsored, as well as judoka Teddy Riner.

Barbara Martin Coppola, Franco-Spanish who worked for Ikea, Google and YouTube and who became general director of Decathlon at the start of 2022, explained that she wanted to continue to “

make sport accessible to everyone and at all levels

”, via “

the modernization of entire economic model

.

Read also: Decathlon caught in the quagmire of its exit from Russia

Reach 0% carbon emissions in 2050

The group also intends to reduce its direct and indirect carbon emissions (scopes 1, 2 and 3) by 20% by 2026, by 42% by 2030 (the reference year is not specified) and “

net zero carbon emissions”. 'by 2050

', particularly through the development of product reuse.

Decathlon was singled out in 2022 by the Dutch Consumer and Markets Authority for using the vague term “

ecodesign

”.

We must do our part for society and for the planet

,” said Barbara Martin Coppola, “

not only as a sports distributor but as a sports brand, we have everything we need to fulfill this mission

” .

The manager indicated in Les Echos that she wanted to “

increase the desirability of the Decathlon brand, so that people recognize it as a brand that has strong values

”.

It also says it wants to develop the “

services associated with our products: communities of practitioners, information on the practice, running or cycling routes, personalized offers based on progress in the practice

”.

Decathlon achieved 15.4 billion euros in turnover in 2022, the last financial year for which the results are known.

Source: lefigaro

All business articles on 2024-03-12

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