Iberian Sports Retail Group

Iberian Sports Retail Group

Formed in 2018 through a joint venture between JD Sports, Sprinter, Sport Zone, and Size?.

HQ location
Alicante, Spain
Launch date
Enterprise value
$550m
Company register number
B54544028
Recent deals
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DateInvestorsAmountRound
-investor investor investor investor investor

€0.0

round
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€500m

Valuation: €500m

Acquisition
Total Funding000k
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More about Iberian Sports Retail Group
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Iberian Sports Retail Group (ISRG) was established in 2018 as a strategic joint venture between JD Sports, Sprinter, and Sport Zone. This merger created one of the largest multichannel sports retailers in the Iberian Peninsula, with a significant presence in Spain and Portugal. The group operates a portfolio of well-known sports retail brands, including Sprinter in Spain, Sport Zone in Portugal, and JD Sports across both countries, in addition to Size?, a footwear and apparel chain. The formation of ISRG aimed to consolidate market share and leverage the combined strengths of its constituent brands to create a dominant force in the sports retail sector.

The business model of ISRG is centered on a multi-fascia, multi-channel retail approach, targeting a broad spectrum of consumers with a comprehensive range of sporting goods. The company's revenue is primarily generated through the direct sale of athletic footwear, apparel, and equipment from international brands like Nike, Adidas, and Puma, alongside its own private-label products. This diverse brand portfolio allows ISRG to cater to various market segments, from performance-focused athletes to fashion-conscious consumers. By operating both physical stores and robust e-commerce platforms, the group ensures a wide reach and a convenient shopping experience for its customer base.

A key milestone in ISRG's journey was its expansion beyond the Iberian Peninsula. In 2021, the group acquired 80% of the MIG lockdown business in the Netherlands, later rebranding its stores to JD Sports and Sprinter, marking a significant step into the Central European market. Further demonstrating its growth ambitions, ISRG acquired the remaining 49.98% of JD Sports' business in Spain and Portugal, consolidating its control over the brand's operations in the region. This series of strategic acquisitions and integrations has solidified ISRG's position as a major player in the European sports retail landscape, with a network of over 460 stores in Spain and Portugal and a growing international footprint. Keywords: sports retail, joint venture, multichannel retail, athletic footwear, sporting goods, apparel, Iberian market, European expansion, brand portfolio, e-commerce

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Investments by Iberian Sports Retail Group

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Deporvillage
ACQUISITION by JD Sports Jun 2021