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Argos Leading Online Sports & Outdoor Retailer in UK – $541M In E-commerce Net Sales

The Sports & Outdoor segment has grown steadily over the last couple of years as an increase in awareness around health and fitness has reached an all-time high. Because of 2020’s global outbreak of the COVID-19 pandemic, citizens had to find alternative forms of exercise and the segment flourished as a result. As a result, according to data presented by Wette.de, Argos had the leading online store in the Sports & Outdoor segment in the UK in 2020 after generating net sales of $541M.

Argos Beats Nike and Adidas To Top Sports & Outdoor Segment In UK

As businesses were forced to shut due to lockdowns caused by the COVID-19 pandemic, gymgoers around the world were forced to find alternatives ways to stay fit. Work-from-home conditions also resulted in less general exercise as citizens around the world were limited to the confines of their own homes for varying periods of time. As a result, e-commerce sales from the top 10 sports & outdoor online stores in the UK generated a total of $2.67B in 2020.

Argos’ online shop (argos.co.uk) lead among other Sports & outdoor retailers in e-commerce net sales in 2020 with $541M. This leading figure is more than $100M more than the e-commerce net sales generated by the next leading online store, sportsdirect.com which generated $423M.

Traditional sports brand giants Nike and Adidas also posted strong 2020s generating the third and fifth highest e-commerce net sales with $404M and $242M respectively. Sandwiched between them as the fourth-highest e-commerce net sales in 2020, is Amazon’s UK store (amazon.co.uk) which generated $367M in 2020.

The next five spots belong to British companies and generated combined e-commerce net sales of $696M.

Rex Pascual, editor at Wette.de, commented:

“2020 was a big year for e-commerce and the sports & outdoor segment was one that grew tremendously from it. In the UK, popular retailer, Argos, generated half a billion dollars in e-commerce net sales in 2020, beating out sporting giants like Nike and Adidas. Argos had a robust e-commerce presence well before the pandemic struck which proved to be very beneficial during the lockdowns of 2020.”

Über Rex Pascual

Rex is a professional writer and researcher informed by a global perspective that allows him to uniquely analyse numbers and convey them in a relatable way. He specialises in the area of Sports and eSports, as well as having an eye for the latest Financial and Technological trends. Well versed in SEO and other aspects of digital marketing, Rex puts his skills to good use as the owner of a successful writing business in The Netherlands.

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