Corporate and M&A

Foot Locker agrees to buy two chains in the U.S. and Japan

2021-08-03T13:05:00

foot+locker

Foot Locker has announced two major acquisitions, one in the U.S. and the other one in Japan, where it is set to acquire Text Trading Company, which owns and licenses the upscale Atmos brand of sneakers and streetwear. It will be paying $360 million and an earnout for the Japanese ...

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