Topic

#Footasylum

Every story tagged #Footasylum on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Beauty e tailer JD.com plows ahead with strengthening its Asia reach

Fashion

Mar 26, 20192 min read

JD Sports to acquire Footasylum

JD Sports has launched a takeover bid for UK footwear retailer Footasylum. The offer, which amounts to up to US$119.6 million (£90.1 million) for the remaining shares the business does not already own, represents a 77.4 per cent premium on the closing price…

Fashion

Feb 22, 20191 min read

Footasylum shares soar after JD Sports takes stake

Shares in Footasylum soared after British retailer JD Sports said it had acquired an 8.3 percent stake and could buy nearly 30 percent of its smaller rival. JD, which has used a number of corporate acquisitions to assemble its network of more than 2,400…