×
6 720
Fashion Jobs
ABERCROMBIE AND FITCH CO.
Digital Marketing Executive – Affiliates & Activations, Emea
Permanent · London
DR. MARTENS
Senior Credit Controller/Senior Accountant
Permanent ·
JOHN LEWIS
Loss Prevention Partner – Various London Branches
Permanent · LONDON
HARVEY NICHOLS
Press & Marketing Manager - Liverpool
Permanent · LIVERPOOL
VF INTERNATIONAL
Warehouse Area Manager
Permanent · COALVILLE
VF INTERNATIONAL
Warehouse Team Manager
Permanent · COALVILLE
VF INTERNATIONAL
Warehouse Team Leader
Permanent · COALVILLE
HARVEY NICHOLS KNIGHTSBRIDGE
Collect in Store Consultant
Permanent · LONDON
FRASERS GROUP
HR Systems Administrator
Permanent · SHIREBROOK
FRASERS GROUP
Site SEO Manager
Permanent · STRETFORD
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, Stratford (Westfield)
Permanent · London
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, White City London (Westfield)
Permanent · London
SELFRIDGES
Tech Business Analyst - Customer & Omni
Permanent · LONDON
NEXT
Sales Manager - Coventry Arena RP
Permanent · COVENTRY
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · SELBY
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · EPSOM
EVERLAST GYMS
General Assistant - Everlast Gyms
Permanent · SALE
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · DENTON
FRASERS GROUP
Warehouse Section Manager - Night Shift
Permanent · SHIREBROOK
VIVIENNE WESTWOOD
PA to Creative Director
Permanent · LONDON
DR. MARTENS
eu HR Administrator - French And/or German Speaking
Permanent · LONDON
HARRODS
Cleaning Operative- Day or Night
Permanent · LONDON
Ads
Published
Jun 18, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

JD Sports completes Finish Line acquisition

Published
Jun 18, 2018

British retailer JD Sports has made its move into the US sportswear market official this week as it formally completed its acquisition of US-based Finish Line.



The move takes the UK retail giant to a new level, competing in the largest sportswear market in the world. As a result of the acquisition, Finish Line has become an indirect wholly-owned subsidiary of JD Sports.

“We are delighted to announce that we have today completed the acquisition of Finish Line,” said Peter Cowgill, executive chairman of JD Sports in a statement on Monday.

“This marks a momentous step in JD Sports’ global expansion and represents an exciting opportunity to bring our market leading, multi-brand retail proposition to the world’s largest athleisure market, both online and in stores.”

With Finish Line, JD Sports gains 556 retail stores across 44 US states and Puerto Rico, and 375 branded and 188 unbranded footwear concessions within Macy's stores.

The popular British chain wants to “bring best in class retail theatre and multi-channel consumer experience to the US”, and capitalise on its trendy trainers and sports clothes retail formula that helped it overtake Sports Direct as Britain’s leading sportswear retailer by market value.

The Finish Line acquisition is part of a wider expansion plan to transform the business into a global player. It follows a deal with Sport Zone to ramp up its presence across Portugal, Spain and Canary Islands significantly and a new joint venture agreement with a South Korean footwear retailer.

Sam Sato, chief executive officer of Finish Line said, “Today, with the closing of this merger with JD Sports, Finish Line opens an exciting new chapter. With a global footprint, together we will bring leading-edge innovation and service to our customers.

“Our shared vision and drive to provide a premium retail experience will further our impact as a leading, premium multi-channel retailer of sports, fashion and outdoor brands.”

JD Sports paid $558 million (£394 million) in cash for the premium multi-branded US chain.

Copyright © 2022 FashionNetwork.com All rights reserved.