Dick’s acquires Foot Locker for US$2.4 billion

Featured image of the article Dick’s acquires Foot Locker for US$2.4 billion

An article by Morgane Monteiro

Publication

22 May 2025 à 11h15

Updated on 26 May 2025 à 18h33

Reading time

3 minutes

Publication: 22 May 2025 à 11h15, Updated on 26 May 2025 à 18h33

Reading time: 3 minutes

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An article by Morgane Monteiro

Publication

22 May 2025 à 11h15

Updated on 26 May 2025 à 18h33

Reading time

3 minutes

Publication: 22 May 2025 à 11h15, Updated on 26 May 2025 à 18h33

Reading time: 3 minutes

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After JD Sports and Courir in November 2024, a consolidation trend continues. On May 15, Dick’s (sales 2024: US$13.4 billion, up by 3.5% year-on-year, net margin ratio 8.7%) announced the acquisition of Foot Locker for US$2.4 billion. The transaction, subject to regulatory approval, is due to be finalised by December. With 856 stores in the U.S.A., Dick’s is opening up internationally, integrating Foot Locker’s 2,410 stores in 26 countries (North America, Europe, Asia and Oceania). These...

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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