Sportmaster
Russian store From Wikipedia, the free encyclopedia
Sportmaster is a Russian a chain of sporting goods and clothing stores, founded in 1992. For 2019 Sportmaster had 495 stores in 230 cities in Russia, Belarus, Ukraine, Kazakhstan and China.
 | |
Native name | Спортмастер |
|---|---|
| Company type | LLC |
| Founded | 1992 |
| Founder | Nikolay and Vladimir Fartushnyaks, Alexander Mikhalsky and Dmitry Doikhen |
| Headquarters | Moscow, |
Key people | Leonid Strakhov (CEO) |
| 159,5 billion rubles (2023) | |
| 23,1 billion rubles (2023) | |
History
Summarize
Perspective
In 1992 Nikolay and Vladimir Fartushnyaks, Alexander Mikhalsky and Dmitry Doikhen founded the Ilion company to supply German Kettler sports simulators to Russia.[1]
In 1995 the first "Kettler-Sport" store was opened in Moscow, where Kettler fitness equipment was sold.[2]
In 1996 Sportmaster was registered as a trademark under which future stores were opened.[1]
In 1997 the Sportmaster Group of companies was founded.[3] In the same year the first store with the name "Sportmaster" was opened.[4]
In 2003 Sportmaster created the O'STIN casual clothing brand, which became a separate company in 2005.[1]
In 2005 the Ilion company was liquidated, and Sportmaster LLC took its place.[5]
By the mid-2000s, Sportmaster had more than 100 stores in Russia.[1]
In 2011 the first Sportmaster store was opened in Kazakhstan, and in 2013 a store was opened in China.[1]
For 2019 Sportmaster had 495 stores in 230 cities in Russia, Belarus, Ukraine, Kazakhstan and China. The number of employees was 23 000 people.[1]
In 2023 and 2024 Sportmaster entered the Forbes ranking of the "100 largest companies in Russia by net profit", ranking 68th and 98th respectively.[6][7]
In 2023 Sportmaster entered the Uzbek market by opening its store in Samarkand.[8]
Owners and management
Founders are Nikolay and Vladimir Fartushnyaks, Alexander Mikhalsky and Dmitry Doikhen.[1]
Leonid Strakhov is the General Director in Russia since 2003.[5]
In 2019 Dmitry Doikhen left the business.[5]
At the end of 2022, Sportmaster was owned by Nikolay and Vladimir Fartushnyaks, Alexander Mikhalsky (30.79% each), Leonid Strakhov (7.63%).[5]
Financial indicators
| Year | Revenue, billion rubles | Net Income, billion rubles |
| 2012[9] |  58,1 |
5,4 |
| 2013[9] | 69,1 |
 4,4 |
| 2014[9] | 81,1 |
1,8 |
| 2015[9] | 86,8 |
6,9 |
| 2016[9] | 91,9 |
12,3 |
| 2017[9] | 96,2 |
14,7 |
| 2018[1] | 107,4 |
15,6 |
| 2019[9] | 112,4 |
8,4 |
| 2020[9] | 101,8 |
10,3 |
| 2021[9] | 129,1 |
13,6 |
| 2022[5] | 139,6 |
22,9 |
| 2023[10] | 159,5 |
23,1 |
References
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