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Foot Locker completes acquisition of Atmos

US sportswear retailer Foot Locker has announced the completion of its acquisition of Japan-based streetwear label Atmos, for 360 million dollars. The acquisition reflects the New York-based retailer’s commitment to its growth strategy, stating at the time of the initial announcement that the addition will allow for a “highly strategic foothold...

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BusinessFeatured

Foot Locker to buy two footwear chains for 1.1 billion dollars

US sportswear and footwear retailer Foot Locker is spending 1.1 billion dollars to buy two companies as it looks to simultaneously accelerate its Asia-Pacific expansion and solidify its positioning in North America. The New York-based company announced Monday plans to buy Eurostar, the parent company of US-based athletic footwear and apparel...

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