WSS news and archive

Foot Locker acquires WSS

Athletic retailer Foot Locker has completed its acquisition of Eurostar, Inc. (“WSS”), a U.S.-based athletic footwear and apparel retailer that primarily operates on the West Coast, for 750 million dollars in cash, subject to customary adjustments. In a statement, Richard A. Johnson, chairman and CEO of Foot Locker, said, “WSS is a highly...

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Foot Locker to buy two footwear chains for 1.1 billion dollars

US sportswear and footwear retailer Foot Locker is spending 1.1 billion dollars to buy two companies as it looks to simultaneously accelerate its Asia-Pacific expansion and solidify its positioning in North America. The New York-based company announced Monday plans to buy Eurostar, the parent company of US-based athletic footwear and apparel...