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Oxylane-Decathlon CEO set to step down

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Decathlon has over 700 stores in 19 countries across the globe.

Yves Claude, the CEO of Oxylane-Decathlon, is to step down next year.

After 13 years in office, during which its sporting store chain Decathlon has seen incredible growth domestically and globally, Claude is to step aside and will be replaced by Michel Aballea, the Director of Decathlon India since 2007.

A spokesman for the group said: “Yves Claude is looking for a new challenge within the group and will head up our South East Asia division, co-ordinating and developing its activities from Singapore.

In nearly a decade and a half at the head of the empire created by Michel Leclercq in 1976, Claude has increased the overall turnover of the group to €7 billion (2012 excluding taxes) from its 736 stores in 19 countries.

In the last 10 years it has opened 434 outlets in seven new countries.

Filed In: Product News