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JD Sports acquires Footasylum

Mar. 18, 2019 9:13 AM ETJDSPY, JDDSFBy: Clark Schultz, SA News Editor
  • JD Sports Fashion (OTC:JDSPY, OTC:JDDSF) announces a deal to acquire Footasylum for £90.1M.
  • "Footasylum is a well-established business with a strong reputation for lifestyle fashion and, with its offering targeted at a slightly older consumer to JD’s existing offering, it is complementary to JD," notes the company on the acquisition.
  • JD Sports trades flat in London.
  • JD Sports press release

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