US sports store closures are making Amer focus on direct-to-consumer

24/11/2017
Finnish sports group, which owns brands such as Arc’teryx, Wilson, Salomon, Atomic and Suunto, has revealed the extent to which it is being affected by changes in consumer buying practices.

In recent comments, Amer chief executive, Heikki Takala, said the group believes that growing its direct-to-consumer business will be the best way forward in the coming years. He explained: “The number of our wholesale customers in the US has decreased by more than 1,000 stores in the last 18 months in the US. This has eliminated between 4% and 5% of our US sales and more than 2% of the group’s total sales.”

He said store closures have affected the whole US retail sector, not just in the sporting goods business.

Thanks to investment in recent years in brand-building and in setting up its own stores and its own e-commerce businesses, Amer now achieves 25% of sales by selling directly to consumers and Mr Takala has said the group will aim to double its direct-to-consumer sales in the next four years.