JD Sports Fashion Plc (LON:JD) has announced that, further to the announcement made on 1 February 2021, it has formally completed its acquisition of DTLR Villa LLC on 17 March 2021.
All the terms of the transaction remain as outlined in the announcement made on 1 February 2021.
Glenn Gaynor, Co-CEO of DTLR, added:
“The DTLR Team look forward to being part of the JD family. We are excited for the future and eager to work alongside JD to enhance DTLR’s connection with the consumer and the communities we serve.”
Peter Cowgill, Executive Chairman of JD Sports Fashion, said:
“We are delighted that this transaction, which gives us an enhanced presence in the north and east of the United States, has now formally completed. We look forward to working with the experienced management team at DTLR and all our colleagues in the United States to further enhance our premium retail experience and become a leading customer destination for sneakers and lifestyle apparel.”
