JD Sports completes acquisition of The Finish Li - sportstextiles: Lea SportsTextiles

News

JD Sports completes acquisition of The Finish Line

20/06/2018
Sports retail groups JD Sports and The Finish Line have announced they have completed their merger. The deal was concluded on June 18.

As a result of the merger, The Finish Line, one of the largest retailers of athletic footwear, apparel and accessories in the US, has become a wholly-owned subsidiary of JD Sports. 

Peter Cowgill, executive chairman of JD Sports, said: “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.” 

For his part, Sam Sato, CEO of The Finish Line, added that the two companies aim to bring “leading-edge innovation and service” to its customers and to provide them with a “premium retail experience”. 

Related stories:

JD Sports to acquire The Finish Line 27/03/2018

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.