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Decathlon

The world's largest sports retailer. Twenty-plus house brands own the cheap-and-good quadrant, with 10-year warranties on some gear.

Status: Watchlist
Founded
1976
Website
decathlon.com
HQ
France
Manufacturing
China,Bangladesh,India,Various
Ownership type
Family-owned
Parent
Association Familiale Mulliez
Status since
2026-07-08

Ownership

Founded by Michel Leclercq and majority-held by the Mulliez family alliance. No external investors, no debt structure. FY2025: EUR 20.7B in sales across 1,902 stores. A 2025 handover put Julien Leclercq in the chair and Javier Lopez in the CEO seat.

Why Watchlist

Ownership is exemplary and the family reinvests rather than extracts. The problem is conduct: a February 2025 Disclose investigation tied Decathlon's second-largest Chinese garment supplier to Uyghur labor-transfer programs and filmed a 12-year-old working on Decathlon polos. The company confirmed the supplier while denying the Xinjiang subsidiary link. Watchlist until credible remediation is published.

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