Fashion
Intersport France expands with the takeover of Spain and Portugal operations
Translated by
Nazia BIBI KEENOO
Published
November 3, 2025
The track record of Intersport France and Belgium’s new managing director, Philippe Giovanni, a specialist in consolidating distribution networks, suggested potential external growth moves. The cooperative is now significantly expanding its network, marking not the absorption of a brand in France but a geographical expansion.
In a press release on November 3, the French cooperative announced that it had been “entrusted by ICC with the responsibility of overseeing Spain and Portugal, by structuring a Southern European hub which will bring together France, Belgium, Spain and Portugal.”
For several months, questions surrounded the future of Intersport’s Iberian operations. The group had applied earlier this year for court protection after facing challenges repaying its debt. This entity comprised 130 companies operating Intersport-branded stores and employed more than 130 people. It had been seeking buyers for several months, with Spanish media estimating a potential purchase price of around €300 million ($323 million).
“This new step marks the recognition of the know-how of our French cooperative and of our ability to build a strong collective dynamic,” said Gérard Leclerc, now president of Intersport France, Spain, Portugal & Belgium. “By structuring a Southern European hub, we are affirming our ambition to make Intersport a benchmark player in a strategic area of the European sports market.”
Intersport France and Belgium did not disclose the transaction amount. For the entity based in Longjumeau, in the Paris region, the move “is in line with the transformations we have carried out together in recent years: the acquisition of Go Sport, the modernization of our store network and the launch of our new brand platform.”
The company plans to “build on the know-how, performance and robustness of the French model” and is creating an Iberian subsidiary, while Intersport France takes over the Spanish central office and its staff.
Intersport France and Belgium report revenue of €3.88 billion ($4.18 billion) and hold a market share of more than 14%.
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In September 2025, exports totalled $42.7 billion, up 24.7 per cent year-on-year (YoY), while imports increased 24.9 per cent to $39.8 billion. Vietnam continues to strengthen its position in global supply chains, driven by strong trade activity and participation in multiple free trade agreements (FTAs), said Vietnamese media reports citing Standard Chartered Bank’s latest macroeconomic update on Vietnam.
Credit growth surged beyond 15 per cent YoY. Meanwhile, disbursed Foreign direct investment (FDI) climbed 8.5 per cent YoY to $18.8 billion and pledged FDI rising 15.2 per cent to $28.5 billion during the first nine months of 2025.
Standard Chartered has lifted Vietnam’s 2025 GDP growth forecast to 7.5 per cent (from 6.1 per cent) and 2026 to 7.2 per cent (from 6.2 per cent), citing strong momentum and easing inflation.
Exports surged 24.7 per cent YoY in September 2025, while FDI and credit growth also strengthened.
The bank highlighted Vietnam’s growing role in global supply chains and resilient economic performance.
“Vietnam’s resilience and adaptability are evidenced by its successful attraction of strong FDI and robust export growth, solidifying its strategic role in global supply chain diversification and pointing to strong prospects for continued economic expansion,” said Tim Leelahaphan, senior economist for Vietnam and Thailand at Standard Chartered Bank.
Fibre2Fashion News Desk (SG)
Published
November 4, 2025
Authentic Brands Group’s Juicy Couture business is upping its game in denim as of this month with the launch of its new denim collection.
Debuting globally on 17 November, it’s described as “a bold evolution for the cult label that defined a generation of Y2K glamour. Two decades after the world fell in love with Juicy’s velour tracksuits, the LA-born brand expands its reign with a collection that reimagines its signature confidence and playfulness in a new lens: denim”.
The company said the day-to-night collection blends “LA attitude with contemporary style” and “celebrates individuality through flattering, feminine silhouettes and elevated detailing”.
It takes in low-rise flares “with unapologetic early-aughts energy” to wide-leg jeans designed with “serious main-character appeal”.
Key pieces include the Diamanté Booty Short, Diamanté Wide Leg, Dog Crest Bootcut Jean, Dog Crest Skirt, JC Crest Flare Jean, JC Crest Pleat Skirt, and Midrise Bootcut Jean.
They use “premium” cotton denim and are finished with signature Juicy detailing such as embroidered logos, crystal trims and classic hardware.
The company also said the supporting campaign “embodies a new kind of Juicy girl, bold, empowered and effortlessly sexy”.
Authentic has been very busy on the Juicy Couture front in the last 12 months. In December last year it made a London store comeback at Westfield and in March this year it struck a deal to enter India. It’s also been boosting its beauty business and only last month it tapped two-time WNBA All-Star and cultural icon Angel Reese as its new global ambassador and creative collaborator.
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