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CONSUMER PRODUCTS & SERVICES | Clothing & Accessories / Footwear
footpatrol.com

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About Footpatrol

Footpatrol provides desirable footwear, apparel and accessories. It is based in London, England.

Footpatrol Headquarter Location

80 Berwick Street Soho

London, England, W1F 8TU,

United Kingdom

Latest Footpatrol News

JD Sports Fashion : Britain's JD Sports transfers ownership of DTLR Villa to unit in U.S. push

Jul 5, 2021

07/05/2021 | 02:49am EDT Message : *Required fields July 5 (Reuters) - JD Sports Fashion said on Mondayit had transferred the ownership of Baltimore-based retailerDTLR Villa to its U.S. unit to align all its businesses in thecountry under one entity. JD, Britain's biggest sportswear retailer, bought DTLR inFebruary for $495 million. DTLR sells mostly athletic footwearand apparel streetwear and the deal followed the purchase ofShoe Palace in December. "It was always JD's intention for DTLR to be part of theGenesis sub-group but the requirement for speed and certainty ofexecution ... meant that it was more appropriate for the Groupto initially acquire DTLR directly," JD said, referring to itsU.S. unit, Genesis Topco. London-listed JD said the transfer allows for bettercollaboration between brands it already owns through Genesis,including Shoe Palace and Finish Line. JD added that it wouldcontinue to make decisions for DTLR. JD said it would be selling a part of its investment in DTLRto Genesis shareholders. (Reporting by Pushkala Aripaka in Bengaluru; Editing by AmyCaren Daniel and Shounak Dasgupta)

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