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JD Sports Latest Acquisition Strengthens US Foothold

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British athletic-leaning retailer JD Sports nabbed American streetwear chain Shoe Palace for $325 million, expanding the former’s stateside presence, especially on the West Coast. The acquisition also strengthens JD’s ties to Hispanic and Latine consumers, who represent a significant proportion of Shoe Palace’s customer base. JD, which recently opened a flagship store for its JD…

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