×
41
Fashion Jobs
PUMA
Manager Product Line Sportstyle Footwear
Permanent · Ho Chi Minh City
H&M
Area Manager - Vietnam
Permanent ·
PHV
Manager, Quality Assurance – Process Engineer
Permanent · Ho Chi Minh City
H&M
Security/ Compliance Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Online Brand Manager - Vichy & la Roche Posay
Permanent · Ho Chi Minh City
H&M
Store Department Manager (Quản lý Ngành Hàng Tại Cửa Hàng) - đà Nẵng Based
Permanent ·
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Department Manager (Quản lý Ngành Hàng) - Khu Vực Ocean Park Gia Lâm
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Vincom Times City
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Tại Vincom Plaza hạ Long
Permanent · HẠ LONG
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Times City
Permanent · HANOI
H&M
Visual Merchandiser (Phụ Trách Trưng Bày Làm Việc Tại Cửa Hàng) - hồ Chí Minh Based
Permanent · HO CHI MINH CITY
H&M
Nhân Viên tư Vấn Bán Hàng Khu Vực Royal City - hà Nội (Bán Thời Gian và Toàn Thời Gian)
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Mega Mall Times City, hà Nội
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực hà Đông, hà Nội
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Gia Lâm - hà Nội
Permanent · HANOI
NIKE
Nhân Viên Vận Hành Máy ép Nhựa (Đồng Nai)
Permanent · Ho Chi Minh City
CROCS
[Heydude] [Footwear] Commercialization & Engineering Manager (North, Central, South Vietnam)
Permanent · NORTH CENTRAL COAST
CROCS
[Footwear] (sr.)Restricted Substance & Testing Engineer
Permanent ·
TAPESTRY
Director, Material Sourcing - Hardware
Permanent · Ho Chi Minh City
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Vincom Ocean Park
Permanent · HANOI
Published
Nov 3, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Foot Locker completes Atmos acquisition

Published
Nov 3, 2021

Foot Locker on Tuesday announced the completion of its acquisition of Atmos, a digitally led, premium, global retailer headquartered in Japan, for $360 million. 

Foot Locker acquires Atmos for $360 million. - Facebook: Foot Locker


The New York-based specialty athletic retailer first announced plans to acquire Atmos in early August, adding that it aims to help propel Atmos into its next phase of growth, while equally enhancing its own global footprint in the Asia-Pacific market.

Foot Locker said it expects Atmos to generate low double-digit sales growth annually and low double-digits to mid-teens EBITDA margins over the next five years.

"We deeply value Atmos's unique brand, innovative, experiential stores, premium offerings, collaborations and understanding of sneakerhead culture,” said Richard Johnson, chairman and chief executive officer of Foot Locker.

“Atmos expands our global reach in the rapidly growing Asia-Pacific market, establishes a critical entry point in Japan and allows us to benefit from immediate scale. We are excited about the many opportunities we will collectively be able to capture as a result of this partnership as we continue creating significant long-term value for our shareholders, consumers, vendor partners, and employees." 

As part of the Foot Locker family of brand, Atmos will maintain its brand name, and preserve its identity, brand ethos, and unique value proposition.

"Today Atmos enters a new era, well-positioned to bring our dynamic and exciting sneakers to more people around the world. Atmos was founded with a love of sneakers and a passion for innovation, and with Foot Locker as our partner, we have the opportunity to drive global growth while maintaining what makes us unique,” said Hidefumi, CEO, chief creative officer for Atmos. 

“We have worked with Foot Locker for years on product collaborations and partnerships, and we are excited about what is ahead as we pursue our shared passion for sneaker culture, streetwear, creativity and self-expression."  

Most recently, Foot locker also entered into an agreement to acquire Eurostar, Inc. (WSS) for $750 million. The deal closed in September. The company anticipates that the acquisitions of WSS and Atmos combined will be accretive to EPS in the range of $0.44 to $0.48 per share in 2022. 

Foot Locker’s banners now include Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Atmos, WSS, Footaction, and Sidestep. It currently operates approximately 3,000 retail stores in 28 countries across North America, Europe, Asia, Australia, and New Zealand as well as its websites and mobile apps.

Copyright © 2023 FashionNetwork.com All rights reserved.