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India is a "big priority" market for Decathlon, and the French sports retailer expects the country to be among its top five global markets within the next five years, helped by expansion of store network and increased local sourcing, according to a top company official. Decathlon, as part of its growth plans, will add 10 new stores every year in India, while accelerating online sales and also increasing local sourcing to over 90 per cent in the next five years from the current average of 60 per cent, its Chief Retail & Countries Officer Steve Dykes said. This move would help Decathlon become more competitive in the fast-growing Indian sports and athleisure segment and increase exports to global markets from its Indian manufacturing facility, he said. India "is a top priority for us. We have five countries, which we call as leapfrog jump countries and one of them is India," Dykes said, while speaking at a Decathlon global event here. For Decathlon, India is already among the top ...
The Tripura government has initiated a process to introduce reservation for sportspersons in government jobs, a minister said here on Friday. The reservation for sportspersons would mainly be in Group C and D category posts, Youth Affairs and Sports Minister Sushanta Chowdhury said. Chief Minister Manik Saha has shown interest in the reservation proposal for sportspersons that will encourage the youth to take up sports activities seriously, said Chowdhury. "We have already collected notifications providing reservation to sportspersons from various state governments including Maharashtra, Uttar Pradesh, Andhra Pradesh and Manipur. It has been observed that some states are giving reservation ranging from 2 to 4 per cent to sportspersons", he said. The minister said reservation of jobs for sportspersons, will encourage youths to take up sports activities seriously. Chowdhury said the Centre has sanctioned Rs 39 crore for building sports infrastructures under Khelo India and the sta
Zlatan Ibrahimovic and his AC Milan teammates will all be getting new cars after the Italian club signed a partnership deal with automobile maker BMW on Wednesday. The German car manufacturer has become Milan's new Automotive Partner and Premium Partner, and will supply the team's players with BMW cars of their choice. "BMW, much like AC Milan, is a synonym for excellence, style and innovation, so we are truly delighted to embark on this journey and head toward a progressive and sustainable future together, for the benefit of all," Milan president Paolo Scaroni said. No financial details were disclosed, nor the length of the deal. Milan, however, called it a "multi-year partnership." "We talked about how well the brands are working together, we talked about innovation, about passion. That supersedes everything," Milan chief revenue officer Casper Stylsvig said. "We are never going to disclose commercial terms for any of our partners for various reasons. But this is also building A