Sportmaster
Russian store
From Wikipedia, the free encyclopedia
Sportmaster is a Russian chain of sporting goods and clothing stores, founded in 1992. For 2019 Sportmaster had 495 stores in 230 cities in Russia, Belarus, Ukraine, Kazakhstan and China.
 | |
Native name | Спортмастер |
|---|---|
| Company type | LLC |
| Founded | 1992 |
| Founder | Nikolay and Vladimir Fartushnyaks, Alexander Mikhalsky, and Dmitry Doikhen |
| Headquarters | Moscow, |
Key people | Leonid Strakhov (CEO) |
 159,5 billion rubles (2023) | |
| 23,1 billion rubles (2023) | |
History
In 1992, Nikolay and Vladimir Fartushnyaks, Alexander Mikhalsky, and Dmitry Doikhen founded the Ilion company to supply German Kettler sports simulators to Russia.[1]
In 1995, the first "Kettler-Sport" store was opened in Moscow, where Kettler fitness equipment was sold.[2]
In 1996, Sportmaster was registered as a trademark under which future stores were opened.[1]
In 1997, the Sportmaster Group of companies was founded.[3] In the same year, the first store with the name "Sportmaster" was opened.[4]
In 2003, Sportmaster created the O'STIN casual clothing brand, which became a separate company in 2005.[1]
In 2005, the Ilion company was liquidated, and Sportmaster LLC took its place.[5]
By the mid-2000s, Sportmaster had more than 100 stores in Russia.[1]
In 2011, the first Sportmaster store opened in Kazakhstan, and in 2013, another opened in China.[1]
In 2019, Sportmaster had 495 stores in 230 cities across Russia, Belarus, Ukraine, Kazakhstan, and China. The number of employees was 23,000.[1]
In 2023 and 2024 Sportmaster entered the Forbes ranking of the "100 largest companies in Russia by net profit", ranking 68th and 98th respectively.[6][7]
In 2023, Sportmaster entered the Uzbek market by opening its store in Samarkand.[8]
Owners and management
Founders are Nikolay and Vladimir Fartushnyaks, Alexander Mikhalsky, and Dmitry Doikhen.[1]
Leonid Strakhov has been the General Director in Russia since 2003.[5]
In 2019, Dmitry Doikhen left the business.[5]
At the end of 2022, Sportmaster was owned by Nikolay and Vladimir Fartushnyaks (30.79% each), Alexander Mikhalsky (30.79%), and Leonid Strakhov (7.63%).[5]
