Fourlis Completes Acquisition Of Foot Locker Operations In Greece And Romania
Reuters
15 Apr
April 15 (Reuters) - Fourlis SA :: *COMPLETES ACQUISITION OF FOOT LOCKER OPERATIONS IN GREECE & ROMANIA *ACQUISITION INCLUDES TRANSFER OF SIX EXISTING FOOT LOCKER STORES AND THE E-COMMERCE CHANNEL IN GREECE *LONG TERM PLAN INVOLVES ROLLOUT OF MORE THAN 100 FOOT LOCKER STORES AND 8 E-COMMERCE PLATFORMS *OVER THE NEXT 5 YEARS AIMS FOR ANNUAL FOOT LOCKER SALES OF EUR 250 MILLION AND EBITDA MARGIN OF 8% TO 10% *Further company coverage: [FRLr.AT] * (Gdansk Newsroom) * ((gdansk.newsroom@thomsonreuters.com; +48 587785269;))
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