Advertisement
UK markets closed
  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     
  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     
  • AIM

    755.28
    +2.16 (+0.29%)
     
  • GBP/EUR

    1.1681
    +0.0024 (+0.21%)
     
  • GBP/USD

    1.2495
    -0.0016 (-0.13%)
     
  • Bitcoin GBP

    51,177.00
    -489.62 (-0.95%)
     
  • CMC Crypto 200

    1,329.52
    -67.02 (-4.80%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CRUDE OIL

    83.67
    +0.10 (+0.12%)
     
  • GOLD FUTURES

    2,351.40
    +8.90 (+0.38%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     

JD Sports to buy U.S.-based DTLR Villa for $495 million

FILE PHOTO: People pass a JD Sports store in London

(Reuters) - Britain's biggest sportswear retailer JD Sports Fashion said on Monday it had entered a conditional agreement to buy Baltimore-based DTLR Villa LLC for $495 million.

The acquisition is JD's second one in the United States in less than two months after it bought Shoe Palace in December, as the retailer expands its business in the West Coast.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Shounak Dasgupta)