In 2020, Sportisimo Romania reached turnover worth EUR47.5 million, according to the company’s representatives. By comparison, in 2019, turnover stood at RON110 million (EUR23 million). In the case of some retailers, though, the online business is directly registered in the country of origin, so that it is not included in these figures.
Sportisimo will end October with 39 stores domestically and expansion continues at a fast pace despite the pandemic. Thus, another three store are scheduled for opening by yearend, taking the total number of 2021 openings to nine.
The Czech retailer entered the Romanian market six years ago and expanded quickly, even during the pandemic. Thus, the positive results of the domestic network has pushed the company to target doubling the number of stores in Romania in the next five years.
“Initial plans have not changed, the expansion pace is the one planned for this year. By end-October we will have 39 stores opened countrywide, with major expansion targets for the next years”, said Petru Andronic, country manager with Sportisimo Romania.
(English version by Catalina Apostoiu)