ADVERTISEMENT

Intersport to open at least five new stores in Hungary in 2007

Retail

Bern-based international sporting goods retailer Intersport will open five new stores in Hungary next year, with even more projected openings currently in the planning and negotiation stage, according to an article in the Thursday issue of business daily Világgazdaság.

Intersport opened its first three Hungarian stores this year in county capitals, with its initial Budapest store planned for 2007. Intersport aims to capture a 30% share of Hungary's €400 million-plus sporting goods market by 2010. Intersport's Hungarian expansion is currently being conducted through the company's Austrian unit under the franchise system.
Intersport is the world's largest sporting-goods retailer, with 4,800 stores selling products under both its own and other brand names in 30 countries, generating an annual turnover of €7.7 billion.

ADVERTISEMENT

Pressure increasing on CFOs - PwC survey Analysis

Pressure increasing on CFOs - PwC survey

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.