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US retailer Dick's Sporting Goods completes acquisition of Foot Locker

As a combined company, DICK&#**;S will now operate more than *,*** stores plus e-commerce and digital businesses across ** countries in North America, Europe, Asia, and Australia, plus a licensed store presence in Europe, the Middle East and Asia. This expanded footprint will strengthen its relationships with key brand partners by offering broader reach and enhanced visibility on a global level.

DICK&#**;S will continue to operate Foot Locker&#**;s portfolio of brands, including Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos, under an experienced new leadership team. DICK&#**;S Executive Chairman, Ed Stack, will lead the global Foot Locker businesses, in partnership with two new presidents, one for North America and one for International, to enable acceleration of business momentum and targeted turnaround strategies. Ann Freeman, a longtime former Nike executive, has been appointed President of Foot Locker North America. DICK&#**;S will appoint a President of Foot Locker International to lead other regions.