JD Sports bolsters US business with $495m acquisition

JD Sports is acquiring US business DTLR

JD Sports is to buy US athletic footwear and apparel retailer DTLR for $495m as it extends its US operations.

JD Sports said that the conditional deal would enhance its presence in the north and east of the US, complementing its JD and Finish Line fascias and the recently acquired Shoe Palace.

DTLR, which is based in Baltimore, Maryland, was launched as Downtown Locker Room in 1982 and is described as having a “hyperlocal” model. The retailer has 247 branches in 19 US states. Last year, it made a pre-tax profit of $1.6m.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.