Sportisimo, the leading Czech sports retailer, wants to turn into a bigger regional player following the sale this summer of half of its shares to Slovak and Czech investors. Sportisimo, which has been operating in Slovakia as well, moved into Poland and Romania last year, and the change in ownership will provide it with extra resources for its further expansion. Sportisimo reported a turnover of nearly 6.3 billion Czech koruna (€233.2m-$259.0m) and operating profit of CZK 358.3 million (€13.3m-$14.7m) in the fiscal year ended in March 2016, putting it far ahead of all other sports retailers in the Czech and Slovak markets combined. Along with online operations that have an international reach, the profitable Czech player currently runs 92 stores in the Czech Republic and 30 in Slovakia, along with three stores in Poland and another three in Romania, which were all opened last year. More in Sporting Goods Intelligence Europe.
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