JD Sports Acquired Shoe Palace for $325 Million to Expand U.S. Footprint

Britain’s biggest sportswear retailer JD Sports said on Tuesday it had acquired U.S.-based shoe retailer Shoe Palace for $325 million.

The company said the deal would expand its footprint in the U.S.

West Coast and increase its appeal among Hispanic and Latino consumers, who form a significant proportion of Shoe Palace’s customer base.

About globaltellblog24

Check Also

With Naira Redesign, Dollar May Crash To N200 – EFCC Chairman, Bawa

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the …