Dave Forsey Chief Executive 19 July 2012 - Sports Direct International
Dave Forsey Chief Executive 19 July 2012 - Sports Direct International
Dave Forsey Chief Executive 19 July 2012 - Sports Direct International
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8 / GROUp OVERVIEW<br />
retail stores<br />
Uk<br />
The Group’s UK stores (other than Field & Trek) supply a wide range of<br />
competitively priced sports and leisure equipment, clothing, footwear and<br />
accessories under a mix of brands. We stock third-party brands including adidas,<br />
Nike, Reebok and Puma. Group-owned brands include Dunlop, Slazenger and<br />
Lonsdale. We also sell licensed-in brands.<br />
A significant proportion of the revenue in the stores is derived from the sale of the Group-owned and<br />
licensed-in branded products, which allows the retail business to generate higher margins while at the<br />
same time differentiating the Group’s stores from those of its competitors, both in terms of the range of<br />
products on sale and the competitive prices at which they are offered.<br />
in-store<br />
The Group continues to enhance its in-store offering with dedicated<br />
areas for specialist product collections.<br />
Since 2007 we have owned 25% of Brasher Leisure, trading as<br />
Sweatshop. This has enabled us to develop the SheRunsHeRuns<br />
concept in our stores. To date, 50% of our stores have a dedicated<br />
SheRunsHeRuns area, and 15% have a Field & Trek product area.<br />
Our newest collaboration with Soccer Scene and The Boot Room is<br />
currently in 80% of stores.<br />
international<br />
The Group has retail interests outside the UK and has a flexible<br />
approach to entry into new markets. These interests include wholly<br />
owned retail outlets (in Belgium, Holland, France, Luxembourg,<br />
Slovenia and Portugal trading as <strong>Sports</strong> <strong>Direct</strong>), joint ventures with<br />
other retailers (such as in Heatons stores in Northern Ireland and<br />
the Republic of Ireland) and stores within another retailer’s store<br />
(as in Cyprus). Since December 2010 we have acquired a 50.1%<br />
stake in the third largest sports retailer in Portugal, <strong>Sports</strong> <strong>Direct</strong><br />
Portugal, which operates out of 13 stores.