• Targeting $1.9B+ in sales, 9%+ EBIT margin, and ~950 stores by 2030
• Efficiency initiatives to deliver $15-20M in net cost savings by FY28
• Expanding Sports Direct brand across ANZ, aiming for 50-100 stores
• Evolving core lifestyle brands and growing vertical-owned brands

Accent Group Limited (ASX: AX1) has released its 2030 Strategic Growth Plan, providing a clear roadmap for the company's future growth. The plan is built around three strategic pillars - Efficiency, Evolution, and Expansion - leveraging the Group's scaled retail platform and leading brand portfolio.Key highlights of the plan include:- Efficiency initiatives to deliver $40M in gross cost savings, with $15-20M in net cost savings by FY28- Store portfolio optimization to drive a $7M EBIT uplift by FY30 through lease renewals and performance improvements- Evolving The Athlete's Foot brand through franchisee reacquisitions, expected to deliver ~$14M in incremental EBIT by 2030- Expanding the Sports Direct brand across Australia and New Zealand, targeting 30 stores within the next three years and 50-100 stores over time- Continued growth from vertical-owned brands like HOKA, Lacoste, Nude Lucy, and ODE- Targeting up to 20 new stores across core and growth brandsThe company enters FY27 with a clear pipeline of EBIT-improving initiatives, including $16M from the closure of loss-making businesses, up to $6M from TAF franchise reacquisitions, and targeted net cost efficiencies of $10M - $15M. Accent Group has sufficient capital and projected future cash flows to fund the growth strategy to 2030.

Accent Group is targeting at least $1.9 billion in sales, 9%+ EBIT margin, and ~950 stores by 2030.

Accent Group is well-positioned for growth, backed by highly experienced management and a team of over 9,000 employees. The company is focused on serving customers and delivering its growth plan to drive long-term shareholder value.