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Fashion Network
4 hours ago
- Business
- Fashion Network
Decathlon aims to double India sourcing to $3 billion by 2030
Home › News › Industry Download Print French sportswear retailer Decathlon plans to increase its sourcing from India to $3 billion by 2030, raising the country's share from 8% to 15% of its global procurement. The expansion focuses on footwear, technical textiles and fitness equipment. Decathlon aims to boost India sourcing share to 15%. - Reuters Decathlon, the French sportswear and sporting goods giant known for its affordable performance gear, plans to double the value of goods it sources from India to $3 billion by 2030. The company, which operates more than 1,800 stores across 79 countries, announced the move on July 29, 2025. India currently accounts for approximately 8% of Decathlon's global sourcing volume. By the end of the decade, the company aims to raise that figure to 15%, driven by category-level growth in high-potential segments such as footwear, fitness equipment and technical textiles. A sourcing partner in India for more than 25 years, Decathlon operates a production ecosystem in the country that includes 113 manufacturing sites, seven production offices and 83 suppliers. Over 70% of products sold in India are currently manufactured locally. The company now aims to increase that share to 90% by expansion is expected to generate more than 300,000 direct and indirect jobs across India's manufacturing value chain. Decathlon also plans to expand its retail footprint to more than 90 cities across the remains central to Decathlon's broader 'Make in India' strategy. The push supports supply chain resilience, reduces dependence on imports, and aligns with regional growth in fitness and active lifestyle India's sports goods market projected to grow rapidly from 2020 through 2027, the country offers fertile ground for expansion. Decathlon aims to leverage India's manufacturing capabilities to support both domestic retail operations and global exports. with Reuters © Thomson Reuters 2025 All rights reserved.
Japan Today
18 hours ago
- Politics
- Japan Today
North Korea says Trump must accept new nuclear reality
By Jack Kim North Korea said on Tuesday the United States must accept that reality has changed since the countries' summit meetings in the past, and no future dialogue would end its nuclear programme, state media KCNA reported. Kim Yo Jong, the powerful sister of North Korean leader Kim Jong Un who is believed to speak for his brother, said she conceded that the personal relationship between Kim and U.S. President Donald Trump "is not bad." But if Washington intended to use a personal relationship as a way to end the North's nuclear weapons programme, the effort would only be the subject of "mockery," Kim Yo Jong said in a statement carried by KCNA. "If the U.S. fails to accept the changed reality and persists in the failed past, the DPRK-U.S. meeting will remain as a 'hope' of the U.S. side," she said. DPRK is short for North Korea's official name, the Democratic People's Republic of Korea. North Korea's capabilities as a nuclear weapons state and the geopolitical environment have radically changed since Kim and Trump held talks three times during the U.S. president's first term, she said. "Any attempt to deny the position of the DPRK as a nuclear weapons state ... will be thoroughly rejected," she said. Asked about the North Korean statement, a White House official said Trump was still committed to the goal he had for the three summit meetings he held with Kim in his first term. "The President retains those objectives and remains open to engaging with Leader Kim to achieve a fully denuclearised North Korea," the White House official told Reuters. At their first meeting in Singapore in 2018, Trump and Kim signed an agreement in principle to make the Korean peninsula free of nuclear weapons. The subsequent summit in Hanoi next year broke down due to a disagreement over removing international sanctions that had been imposed against Pyongyang. Trump has said he has a "great relationship" with Kim, and the White House has said the president is receptive to the idea of communicating with the reclusive North Korean leader. © (c) Copyright Thomson Reuters 2025.
Japan Today
18 hours ago
- Politics
- Japan Today
Trump says he is reducing 50 day deadline for Russia on war in Ukraine
By Andrew MacAskill and Andrea Shalal U.S. President Donald Trump said on Monday he was reducing the 50-day deadline he gave Russia over its war in Ukraine, underscoring his frustration with Russian President Vladimir Putin for prolonging fighting between the two countries. "I'm disappointed in President Putin," Trump said, speaking alongside British Prime Minister Keir Starmer ahead of their meeting in Scotland. "I'm going to reduce that 50 days that I gave him to a lesser number because I think I already know the answer what's going to happen." He did not give a new deadline. Trump set the 50-day deadline earlier this month. The U.S. president has repeatedly voiced exasperation with Putin for continuing attacks on Ukraine despite U.S. efforts to end the war. Before returning to the White House in January, Trump, who views himself as a peacemaker, had promised to end the three-and-a-half-year-old conflict within 24 hours. Trump has threatened new sanctions on Russia and buyers of its exports unless an agreement is reached by early September. But the president, who has also expressed annoyance with Ukrainian President Volodymyr Zelenskiy, has not always followed up on his tough talk about Putin with action, citing what he deems a good relationship that the two men have had previously. "We thought we had that settled numerous times, and then President Putin goes out and starts launching rockets into some city like Kyiv and kills a lot of people in a nursing home or whatever," Trump said. "And I say that's not the way to do it." (Reporting by Andrew MacAskill and Andrea Shalal in Scotland; additional reporting by Jeff Mason and William James; writing by Susan Heavey and Jeff Mason; editing by Doina Chiacu and Mark Heinrich) © (c) Copyright Thomson Reuters 2025.
Japan Today
a day ago
- Politics
- Japan Today
Pregnant in Kyiv, in the wreckage of apartment hit by Russian drone
Bohdana Zhupanyna, a 30-year-old mother-to-be, stands inside of her apartment damaged by a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine July 23, 2025. REUTERS/Valentyn Ogirenko By Andrii Pryimachenko Bohdana Zhupanyna had planned to use the last two weeks of her pregnancy in Ukraine brushing up on parenting skills and preparing for the arrival of her daughter. Instead, the 30-year-old found herself sifting through the charred remains of her second-floor apartment in Kyiv, wrecked in a Russian drone attack on July 21. "I don't know what kind of fate this is, why this happens, for what reason," she told Reuters, clutching her belly as daylight poured through a gaping hole that was once her living room. Around her, broken pieces of a couch and bed sat clumsily stacked, and once-sleek kitchen shelves were covered in shattered glass and dust. Ukrainians like Zhupanyna have endured months of worsening Russian air strikes that have killed dozens and upended daily lives since peace talks broke down last spring. On Monday, Russian forces unleashed a fresh wave of attacks involving hundreds of drones, wounding eight people in Kyiv as it continued grinding forward on the battlefield. Zhupanyna, who was elsewhere at the time of last week's attack, said she felt lucky that her mother was able to seek cover and emerge unscathed. But a jagged piece of a Russian drone in her smartly designed bathroom serves as a grim reminder of the dangers she and millions of other Ukrainians face on a daily basis. "This is confirmation that they're attacking civilian places, specifically residential apartments," she said. Nearby, a metro station, businesses and other residential properties were also damaged. Moscow, which has killed thousands of civilians since its full-scale invasion in February 2022, denies intentionally targeting them but says it strikes civil infrastructure such as energy systems to degrade Ukraine's ability to fight. Ukraine has also targeted Russian cities with long-range weapons, though it has caused far more limited damage. U.S. President Donald Trump has cited the upsurge in attacks on Ukrainian civilians for a decision this month to resume shipments of weapons to Kyiv, including air defences. The Russians "have to stop killing us," said Zhupanyna, whose father was killed fighting at the front. "As for Trump, I would like him to simply help more." © (c) Copyright Thomson Reuters 2025.
Japan Today
2 days ago
- Politics
- Japan Today
China opposes Czech president's visit to Dalai Lama
FILE PHOTO: Tibetan spiritual leader, the 14th Dalai Lama, is served food on his 90th birthday celebration at the Tsuglagkhang, also known as the Dalai Lama Temple complex, in the northern town of Dharamshala, India, July 6, 2025. REUTERS/Anushree Fadnavis/File Photo By Farah Master China said it "resolutely opposed" Czech President Petr Pavel's meeting in India with Tibetan spiritual leader the Dalai Lama, and urged the Czech side to "abide by its one-China political commitment" and maintain healthy and stable relations. China's embassy in the Czech Republic posted the notice late on Sunday and said China firmly opposes any form of contact between officials of any country and the Dalai "clique". Pavel met with the Dalai Lama on July 27, it said. "China urges the Czech side to abide by its one-China political commitment, take immediate and effective measures to eliminate the bad influence," the statement said. It added that the Czech side should stop sending "any wrong signals to 'Tibetan independence' separatist forces." The Dalai Lama has been living in exile in India since 1959 following a failed uprising against Chinese rule in Tibet, and Indian foreign relations experts say his presence gives New Delhi leverage against China. India is also home to about 70,000 Tibetans and a Tibetan government-in-exile. © (c) Copyright Thomson Reuters 2025.
