JD Sports buys Courir for €520 million, 10 times EBIT

Featured image of the article JD Sports buys Courir for €520 million, 10 times EBIT

An article by Morgane Monteiro and Sophie Baqué

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Publication

29 November 2024 à 16h41

Updated on 10 December 2024 à 11h44

Reading time

2 minutes

Publication: 29 November 2024 à 16h41, Updated on 10 December 2024 à 11h44

Reading time: 2 minutes

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An article by Morgane Monteiro and Sophie Baqué

Add mind Retail to your sources
Publication

29 November 2024 à 16h41

Updated on 10 December 2024 à 11h44

Reading time

2 minutes

Publication: 29 November 2024 à 16h41, Updated on 10 December 2024 à 11h44

Reading time: 2 minutes

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After buying rival U.S. retailer Hibbett for US$1.1 billion in April, JD Sports Fashion (sales 2023 of €11.93 billion, up by 2.9%) made a 2nd acquisition. On November 27, 2024, it took over Courir in a €520-million deal.

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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.

Featured image of the article Sophie Baqué
Sophie Baqué Chief Editor of mind Retail
Featured image of the article Sophie Baqué
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