Foot Locker expands in Europe with sportswear group purchase
09/05/2013
Sportswear retailer Foot Locker has bought Runners Point (RPG), a German athletic store, for $94 million. RPG operates more than 200 stores, mostly in Germany, but also in The Netherlands, Austria, and Switzerland. Its most prominent brands are Runners Point and Sidestep, as well as an online subsidiary, Tredex. Ken Hicks, Foot Locker CEO,...