Corporate and M&A

Snipes snaps up the Jimmy Jazz chain in the U.S.

2021-12-02T16:17:00

Snipes

Snipes, the sneaker retail chain owned by the Deichmann Group, has agreed to acquire Jimmy Jazz, an American chain of sneaker stores with a hip-hop vibe and headquarters in Secaucus, New Jersey. The deal was signed on Dec. 1 and should close before the year is out. Terms remain undisclosed.

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