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Dick's Sporting Goods Acquires Foot Locker for $2.4 Billion in Major Footwear Deal

BUSINESS - 5/15/2025

In a strategic move to strengthen its market presence, Dick's Sporting Goods has announced its acquisition of Foot Locker for $2.4 billion. This major deal comes amid a challenging retail landscape and aims to boost Foot Locker's operations internationally.

3G Capital to Acquire Skechers USA Inc. for $9.4 Billion: What This Means for the Footwear Industry

BUSINESS - 5/5/2025

In a major move, 3G Capital has announced its acquisition of Skechers USA Inc. for a staggering $9.4 billion. Set to close in Q3 2025, this deal, financed by cash and debt from JPMorgan Chase, could reshape the footwear landscape.

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