DLA Piper advises Foot Locker in US$360 million acquisition of atmos
Foot Locker, Inc. (FL)
Last foot locker, inc. earnings: 2/28 06:45 am
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US:NYSE Investor Relations:
footlocker-inc.com/investors.cfm?page=investor-relations
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Source: PR Newswire
NEW YORK, Aug. 4, 2021 /PRNewswire/ -- DLA Piper represented Foot Locker, Inc. (NYSE: FL) in its recent agreement to acquire Text Trading Company, K.K., which owns and licenses the atmos brand, a digitally led, premium global retailer headquartered in Japan, for US$360 million, with additional purchase price consideration based on performance targets. The agreement was executed on July 31, and the closing is anticipated within 60-90 days.The acquisition of atmos, a culturally connected brand featuring premium sneakers and apparel, an exclusive in-house label, collaborative relationships with leading vendors in the sneaker ecosystem, experiential stores and a robust omni-channel platform, will accelerate Foot Locker's global reach with a highly strategic foothold in Japan. "We were pleased to advise Foot Locker on this transaction, bringing together a strong cross-border team with extensive M&A and retail sector experience to ensure a successful result. This acquisition will support ou
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News
- Foot Locker Puts Faith In New Store Concept To Kick On Sneaker Sales [Forbes]Forbes
- Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence [MSNBC.com]MSNBC.com
- Inside Foot Locker's ‘Store of the Future' Model Guiding the Chain's New Retail Identity [Yahoo! Finance]Yahoo! Finance
- FOOT LOCKER UNVEILS NEW REINVENTED GLOBAL STORE CONCEPT [Yahoo! Finance]Yahoo! Finance
- FOOT LOCKER UNVEILS NEW REINVENTED GLOBAL STORE CONCEPTPR Newswire
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Earnings
- 3/6/24 - Beat
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Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- FL's page on the SEC website