JD Sports travels from the U.K. to the U.S.A

Publication

10 June 2018 à 12h27

Updated on 10 May 2019 à 17h02

Reading time

1 minute

Publication: 10 June 2018 à 12h27, Updated on 10 May 2019 à 17h02

Reading time: 1 minute

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Publication

10 June 2018 à 12h27

Updated on 10 May 2019 à 17h02

Reading time

1 minute

Publication: 10 June 2018 à 12h27, Updated on 10 May 2019 à 17h02

Reading time: 1 minute

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The British sporting goods retailer JD Sports will take over its U.S. rival Finish Line (556 stores) via a US$558 million deal. The regulatory approval is expected no earlier than in June 2018. In the quarter to March 2018, the sales of Finish Line dropped by 7.9% like-for-like to US$561 million. Since April 2013, Finish Line closed nearly 100 of 651 units. JD Sports is now competing in the world’s biggest athletics leisure market by sales.

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