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One Sports offers array of sports accessories

 

PTI | New Delhi, December 8, 2011 18:52
Tags : one sports | sports accessories | badminton rackets | boxing | mixed martial arts | thwack |
 

Sports accessories maker One Sports on Thursday launched its badminton rackets and boxing and mixed martial arts accessories that include a life-size training equipment, under the brand name of Thwack.
   
The Mumbai-based company, which made a debut in Singapore by launching these products there, has tied up with distributors in nine countries in Europe and three in Asia for making the products in these regions.
   
In Europe, it has tied up with distributors in the Netherlands, Belgium, the Luxembourg, Denmark, Germany, Austria, the Czech Republic, Slovakia and France; while in Asia it is present in China and Malaysia apart from the home market.
   
"We are bullish about our global strategy. We expect revenues from our sports equipments and services to exceed Rs 250 crore by FY14," One Sports managing director Reji Mathew said.
   
The domestic sport equipment market is around Rs 5,000 crore.
   
That apart, the company, a part of the city-based One Group, also plans to enter 12 more countries -- Finland, Poland, Ukraine, Britain, the Philippines, Thailand, Indonesia, Canada, Australia, New Zealand and LatAm. It will launch its products in Europe next year.
   
"There is huge demand for sports accessories in global markets and especially for specialised products that we are offering. We plan to firm up distributors in these countries in the next three to four months," One Group managing director Akhil Ganatra said.

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Issue Dated: Feb 5, 2017