Assets
History
2023
Desport sports store chain launch
At the end of October 2023, ARM, which acquired the Russian business of sports retailer Decathlon, announced the launch of a new network of sports goods stores. It was called Desport, which comes from the Old French word "desport," which means "entertainment," "game" - from it the word "sport" came from in many languages of the world. Read more here.
Buying Decathlon business in Russia
The Government Commission for Control over Foreign Investment approved the sale of Decathlon's Russian business. The buyer of the assets was the Russian ARM LLC, which, among other things, sells fashion and owns the Mango franchise. This was announced on July 21, 2023 at the Ministry of Industry and Trade. Read more here.
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