Cosmos Sport acquires 100% of Sport Vision Greece. 5 hours ago 29 Discover more Explore History Read Travel Guides Cosmos Sport announced the afloat acquisition of Sport Vision Greece. The acquisition, combined with JD Sports' determination to take afloat power of Cosmos Sport, is reshaping the competitory scenery successful Greece's sporting goods market. Following the acquisition of the full Sport Vision concern successful Greece, Cosmos Sport is expanding its web and strengthening its presumption successful the sporting goods market, arsenic the increasing user displacement towards sportswear and footwear for mundane use is driving marketplace growth. The woody adds the operations of different retail concatenation to JD Sports' Greek subsidiary, alongside the British group's determination to get 100% of Cosmos Sport. For Sport Vision Greece, the alteration successful ownership comes aft a loss-making year. In 2024, with a web of 24 carnal stores and three online stores, the institution recorded gross of €18.5 million, operating losses of €5.26 cardinal and nett losses of €5.37 million. Its short-term liabilities reached €13.3 million. Cosmos Sport is proceeding with the woody aft expanding its income successful Greece by 16.12% successful 2025 to €212.17 million, while pre-tax nett roseate by 55.17% to €20.01 million. With 100 stores successful Greece and Cyprus, combined turnover exceeded €245 million, while the institution has zero indebtedness and a currency surplus of €22.7 million. These moves travel arsenic the marketplace is undergoing accelerated growth. According to Convert Group, successful the archetypal 8 months of 2026, income by Cosmos/JD, Intersport/Foot Locker and Zakcret accrued by 16.3% to €344.6 million, including VAT. Unit income roseate adjacent much sharply, by 33.8%, to 11.1 million. The conflict for marketplace stock is present besides extending to mundane covering and footwear, arsenic athleisure continues to summation crushed against products intended exclusively for sports performance. More specifically, according to the notification submitted to the Hellenic Competition Commission, Cosmos Sport is acceptable to get sole power of Sport Vision Monoprosopi S.A., purchasing 100% of its shares from BDS Sport Group LTD. The transaction covers the full Greek concern of the Serbian-owned chain, which operates the Sport Vision, Buzz and TIKE brands. This was preceded by a alteration successful Cosmos Sport's shareholding structure. JD Sports, which acquired an 80% stake successful 2021, exercised its enactment connected August 28, 2026 to acquisition the remaining 20%, moving towards afloat power of the institution successful Greece and Cyprus. Reshaping their beingness successful Europe. At the aforesaid time, the two groups are reshaping their beingness crossed Europe, taking antithetic approaches successful antithetic markets. While Cosmos is acquiring Sport Vision successful Greece, successful Eastern Europe Sport Vision is taking implicit dozens of JD and Sizeer stores under franchise arrangements, including successful Bulgaria, Croatia and Romania. Προτιμώμενη πηγή στην Google Για να εμφανίζονται περισσότερα άρθρα της Ναυτεμπορικής στις αναζητήσεις σας εύκολα και γρήγορα, πρέπει να προσθέσετε το ιστοσελίδα στις προτιμώμενες πηγές σας. Μπορείτε να το κάνετε πηγαίνοντας εδώ.

Nikos Varvadoukas joins KAR AI as Founding Member. Veteran growth and transformation executive Nikos Varvadoukas joins KAR AI to help shape the company's business model and offering. KAR AI is proud to announce that Nikos Varvadoukas has joined the company as a Founding Member, bringing over two decades of experience in scaling and transforming businesses to its growing team. A Career Built on Growth and Transformation Nikos currently serves as C-Level Operating Partner for Growth & Transformation at Operandi Partners, working with founders and investors to build, scale, and structure businesses for long-term value. He holds a parallel operating partner role at Novibet, focused on global growth and marketing, having previously served as its full-time Chief Marketing & Growth Officer. Before that, Nikos spent over three years as Vice President at Public Group, holding a combined CMO/COO mandate across a 200-plus person team spanning brand marketing, customer experience, omnichannel operations, and supply chain. He led major initiatives including the launch of BNPL, the Public+ loyalty program, and the Public+Home retail format. Earlier in his career, as Chief Omnichannel Officer and Board Member at Cosmos Sport, Nikos helped steer the company through a transformational journey that culminated in its acquisition by JD Sports Fashion, one of the world's leading sportswear retailers. Beyond the Boardroom Nikos is also a founding and board member of AI Academy, an initiative dedicated to giving the next generation the skills and confidence to thrive in an AI-native world. He is a published author on intrapreneurship and growth, and an active angel investor and mentor across healthcare retail, SaaS, AI, logistics, and edtech. What Nikos Brings to KAR AI At KAR AI, Nikos will help shape its business model and sharpen how KAR Auto Research bring its offering to market, applying the same commercial discipline and customer-centric thinking that guided some of Greece's most notable retail transformations. Welcome aboard, Nikos. KAR Auto Research is excited to build the next chapter of KAR AI together! Founder & CEO of KAR AI