Footasylum

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Retail Asia26/03/2019

Beauty-e-tailer-JD.com-plows-ahead-with-strengthening-its-Asia-reach-1024x682.jpg

JD Sports has launched a takeover bid for UK footwear retailer Footasylum. The offer, which amounts to up to US$119.6 million (£90.1 million) for the remaining shares the business does not already own, represents a 77.4 per cent premium on the closing price of Footasylum shares on the day prior to the announcement. JD executive chairman […]

Retail Asia22/02/2019

Shares in Footasylum soared after British retailer JD Sports said it had acquired an 8.3 percent stake and could buy nearly 30 percent of its smaller rival. JD, which has used a number of corporate acquisitions to assemble its network of more than 2,400 stores over the past two decades, said that it “confirms it […]

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Tag: Footasylum

JD Sports to acquire Footasylum

Footasylum shares soar after JD Sports takes stake