Retail news :Global retail leaders grew by 10.2% in dollars in 2011

The 84 major sporting goods retailers around the globe raised their sales by 7.2 percent in local currencies last year, just below the 7.6 percent growth that they had recorded in 2010, after declining by 1.5 percent in 2009 because of the global financial crisis.
Translated into U.S. dollars, their combined sales grew by 10.2 percent to an estimated $77.8 billion. These figures exclude VAT and other sales taxes. Adding these taxes and the revenues of other numerous independent retailers affiliated with Intersport International and Sport 2000 International, we come up with a total turnover of more than $110 billion, representing about one-third of the world market.

The American and European editions of SGI have collected the sales figures of all these 84 key accounts and ranked them on a big chart that they have published in the most recent issues of their publications, adding some interesting observations.

Décathlon came at the top, followed by Foot Locker and Dick’s Sporting Goods.

by SGI Europe through Ispo Newsblog