Decathlon to expand in Switzerland

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Investec
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The low-cost French sports goods chain has plans to expand in Switzerland. 14 new stores, employing between 500 and 600 staff, are planned for 2019, according to the newspaper 20 Minutes.

Many of the new stores will be refurbished Athleticum stores. Décathlon teamed up with Athleticum in 2018.

In German-speaking Switzerland, the first stores will open in Suhr (Aargau) and Baar (Zug) in March. These will be followed by stores in Bern, Winterthur and St. Gallen in April. The final store is scheduled to open in Zurich in August.

French-speaking Switzerland will get two stores opening in Avry, outside Fribourg, and Villeneuve, near Montreux, in April and October respectively.

Decathlon currently has nine stores in Switzerland in Marin-Epagnier, Geneva, Meyrin, Lausanne, Conthey, Collombey, Sant’Antonino and Basel.

About Investec

Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.

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