Turnover: 725 million EUR (2023)
Country: France
- Courir is a French brand of sports shoes founded by Léon and Lucien Odier.
- Courir is the market leader in sports footwear in France
- At December 31, 2019, the Courir chain had 278 stores in Europe and has accelerated its international development since 2018 in Spain, Belgium and Portugal.
- The brand is also present in French territories outside Europe through master franchises, notably in Reunion, French Guiana, North Africa and the Middle East.
- In March 2019, Courir became Groupe Courir when the investment fund Equistone Partners Europe acquired the brand from the holding company Rallye (parent company of the Go Sport group) for 283 million euros.
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november 9, 2019 - Courir on the rise ahead of Covid - source(LSA-conso)
- The company spun off from the Go Sport group in 2018 and grew by around 15% between 2018 and 2019.
- Average growth in the sneaker market was 7-8%
- Dominant position in sneaker exclusivity partnerships with brands such as Puma, Nike ...
- Willingness to expand into Europe, including Luxembourg, Belgium and Spain.
- Sales doubled between 2014 and 2018.
october 1, 2019 - Courir opens new stores - source(Les Echos)
- Courir plans to open 30 establishments abroad in 2020
- Sales have doubled in 4 years
- The goal is 600 million euros in sales over the next three years
News
JD Sports acquires Courir 25/09/2023
- Courir enterprise value: 520 million euros
- The sum offered by JD Sports to acquire Courir comprises 325 million euros in cash and 195 million euros in debt assumption.
- Courir has 313 directly-operated stores, mainly in France, but also in Spain, Belgium, Portugal, the Netherlands and Luxembourg
- Courir also has 36 franchise stores in West Africa, the Middle East and French overseas territories.
- JD Sports first-half sales: £4.8 billion, up 8%
Courir could be acquired by JD Sports for 520 million euros 11/05/2023
- JD Sport Fashion's takeover bid for Courir: 520 million euros (including 325 million in cash and 195 million in assumed debt)
- Target market: sports footwear, popularity of sneakers and running
- Competitors: Decathlon, Intersport Decathlon, Intersport
- Number of Courir stores: 313 own-name stores in six countries (France, Spain, Belgium, Portugal, Netherlands, Luxembourg) and 36 franchise stores in West Africa, the Middle East and French overseas territories
- Courir sales in 2022: 609.8 million euros
The winner of the sneaker craze, Courir is the darling of the sneaker world | Courir: the sneaker must-have 11/05/2023
- Proposed acquisition of Courir by JD Sports: 520 million euros.
- Number of Courir stores in Europe: 313.
- Number of Courir franchise stores in West Africa, the Middle East and overseas: 36.
- Courir sales in 2021: 609.8 million euros.
- Percentage of Courir sales generated online: 18%.
Courir wants to develop sneaker recycling in France 06/02/2023
- A trial run before the collection system is deployed in the company's 270 stores in France
- Courir markets 6 million sneakers a year
Courir ramps up logistics in Indre 28/11/2022
- French leader in women's sneaker sales
- 515 million in sales
- Investment of 30 million euros in a state-of-the-art warehouse
- Since its takeover by Equistone from the Go Sport group, online sales have tripled (18% of sales)
- Courir aims to double its workforce by 2026
Financial Data
DUNS: 428559967
Legal Name: COURIR FRANCE
Address: 91 AV LEDRU ROLLIN , 75011 PARIS 11
Number of employees: Entre 2 000 et 4 999 salariés (2021)
Capital: 33 570 000 EUR
Financial Data:
| Year | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 446 288 000 | 380 186 000 | 417 269 000 | 443 448 000 | 381 971 028 | 331 922 665 | 275 388 335 | 222 085 112 |
| Gross margin (€) | 202 136 000 | 73 421 000 | 54 837 000 | 177 866 000 | 159 489 388 | 105 281 087 | 431 412 930 | - |
| EBITDA (€) | 11 803 000 | 12 642 000 | 850 000 | 19 403 000 | 27 163 261 | 24 801 498 | 13 480 606 | - |
| Operating profit (€) | 10 282 000 | 6 685 000 | -11 337 000 | 12 424 000 | 22 071 038 | 20 242 630 | 15 716 881 | - |
| Net profit (€) | 6 727 000 | 7 252 000 | -11 009 000 | 6 054 000 | 18 387 005 | 17 471 938 | 10 713 838 | 7 474 294 |
| Turnover growth rate (%) | 17,4 | -8,9 | -5,9 | 16,1 | 15,1 | 20,5 | 24 | - |
| Ebitda margin rate (%) | 2,6 | 3,3 | 0,2 | 4,4 | 7,1 | 7,5 | 4,9 | - |
| Operating margin rate (%) | 2,3 | 1,8 | -2,7 | 2,8 | 5,8 | 6,1 | 5,7 | - |
| Working Capital (turnover days) | 6,8 | 9 | -15,1 | 12,7 | 34,1 | -30,6 | -33,4 | - |
| Working Capital requirements (turnover days) | -1,1 | 7,1 | -13,8 | -6,1 | 16,4 | -57,9 | -52,4 | - |
| Net margin (%) | 1,5 | 1,9 | -2,6 | 1,4 | 4,8 | 5,3 | 3,9 | - |
| Added value / Turnover (%) | 18,8 | 15,9 | 12,7 | 18,5 | 41,5 | 31,5 | 155,8 | - |
| Wages and social charges (€) | 59 176 000 | 48 286 000 | 40 446 000 | 50 198 000 | 46 265 396 | 43 081 944 | - | - |
| Salaries / Turnover (%) | 13,3 | 12,7 | 9,7 | 11,3 | 12,1 | 13 | - | - |
Studies mentioning this company
The sportswear market - France
Other companies mentioned:
- Sport 2000
- Go Sport France
- Adidas
- Puma Groupe
- Quiksilver Bilabong
- Lacoste Groupe
- Le Coq Sportif (LCS International)
- Foot Locker
- Courir France
- Intersport France
- Under Armour
- Patagonia
- Lululemon Athetica
- Picture Organic Clothing
- Oakley
- Odlo
- Columbia Sports Wear
- Helly Hansen
- The North Face
- Blizzard (Tecnica)
- Nordica (Tecnica Group)
- Millet
- BasicNet Group (Superga, K-Way)
- Kappa
The sports distribution market - France
Other companies mentioned:
- Skis Rossignol
- Salomon (Amer Sport groupe)
- Babolat
- PIQ
- Go Sport France
- Adidas
- Puma Groupe
- Courir France
- Foot Locker
- Sunset Sport
- Glisshop (Lafreto groupe)
- Intersport France
- Quiksilver Bilabong
- Sport 2000
- N4 Brands Fitness Boutique
- Planet Fitness Equipements
- Ekosport
- Décathlon France
- Decathlon Groupe
- Aptonia (Decathlon)
- Private Sport Shop
- JD Sport
- Intersport International
- Columbia Sports Wear
- Berger Camping
- Butterfly
- Cornilleau
- la Boule Bleue
- Obut
- Ekoï
- Aigle
- Lafuma
- Gilbert Rugby
- Running Conseil
- Au Vieux Campeur
- Venum
- Blaise Frères
The sneaker market - France
Other companies mentioned:
- Adidas
- Veja
- Intersport France
- Courir France
- Go Sport France
- Zalando
- Sport 2000
- Puma Groupe
- Balt
- StockX
- Caval
- Wethenew
- National Standard
- Faguo
- I-Run
- Converse (Groupe Nike)
- Under Armour
- On Running
- Vans (VF corporation)
- Paraboot - Richard-Pontvert
- Palladium
- Jordan (Nike)
- Belledonne
- Belledonne
- Axel Arigato
- Nike
- Golden Goose
- Bensimon
- Bobbies
- New Balance
- Moa
- Running Conseil
- Chamatex
- Circle Sportswear
- Foot Locker
- Decathlon Groupe
- Naked Copenhagen
- Faguo