Finish Line agrees to $558M sale to JD Sports Fashion

Published on

March 28, 2018

AUTHOR

Damian Delgado

Finish Line has agreed to sell itself to a United Kingdom-based sportswear company that was trying to get a foot in the US. Finish Line has made the move to try and save its slumping apparel line.

JD Sports Fashion has reached a deal to take over the Indianapolis-based Finish Line for around $558 million. Finish Line has 556 stores, as well as branded floor space in 375 Macy’s locations. The company has around 13,000 employees.

Top editors give you the stories you want - delivered right to your inbox each weekday. Join in, fall in love with the quintessential gentlemen.
By clicking "Sign Up" , you agree to receive marketing emails from FashionMR and accept our Terms of Service and Privacy Policy.

Finish Line has been struggling for some time in the declining mall foot traffic. Sales at stores open at least a year have gone down 7.9% in the company’s fourth quarter, Finish Line has stated Monday.

The environment was “more challenging than we expected,” CEO Sam Sato said in a statement.

JD Sports Fashion and Finish Line will now combine into “”a leading global, premium, a multichannel retailer of sports, fashion and outdoor brands who embraces the latest online and in-store digital technology,” Finish Line said in a statement.

Featured Articles

Dress Code 101 - Man wearing a uniqe lapel pin

Dress Code 101: The New Rules to Know

The typical dress attire has changed in multiple aspects. These helpful tips
Dapper gentleman- man wearing a suit

If you are going to Dress like a Dapper Gentleman, You have to Smell like one too!

Throughout the past couple of years, Oud fragrances have made a global
Best Boots to Own - Dr Martens Feat Image

Are You Ready for Fall? Well, here are the Best Boots to Own!

Finally! The leaves are about to change, the wind will become a

The Top Shoes Every Dapper Gentleman Should Own

Are you ever thinking about how you can upgrade your shoe game?
Bomber Jacket

The Bomber Jacket

The military has long been a source of inspiration for men’s fashion.
John Lawrence Sullivan Fall/Winter 2014-15

John Lawrence Sullivan Fall/Winter 2014-15

  JLS takes us on a fabric journey from basic gray wool’s,

you may also like

Gisele

In the middle of December, Gisele Bündchen gave a menswear staple a summery twist.

Celebrity Christmas fashion officially began with Amal Clooney’s glittery sequin dress and
Timothée Chalamet Designed These Extremely Rare Nike Dunks with a Wonka theme.

Timothée Chalamet Designed These Extremely Rare Nike Dunks with a Wonka theme.

During her Wonka press tour, Timothée Chalamet showcased a variety of stylish

The 1998 Classic Belly Pays Homage to These Ultra-Clean New Balance 990s

There is a long-standing connection between Joe Freshgoods and New Balance. The
Fall 2023 Costume Institute Exhibition at The Met to Honor the Originality and Creative Legacy of Women-Led Fashion Houses and Designers

Fall 2023 Costume Institute Exhibition at The Met to Honor the Originality and Creative Legacy of Women-Led Fashion Houses and Designers

“Women Dressing Women,” the autumn 2023 Costume Institute show, will honor the

Charles Melton Looked Great in the Elegant Black Suit Every Guy Should Own

This winter, Charles Melton is claiming it as his own, savoring the
The World in Norman Lear's Perspective

The World in Norman Lear’s Perspective

Thirty years ago, twenty-eight-year-old Norman Lear took a redeye flight from New