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Article Date: February 2021
Word Count: 400

JD Sports Expands Urban Empire with DTLR Villa


The U.K. retail conglomerate accelerated its expansion in the U.S. with its second major acquisition here in the past two months, buying Baltimore, MD-based sneaker and streetwear retailer DTLR Villa for $495 million. The seller is private equity firm Bruckmann, Rosser, Sherrill & Co., which acquired DTLR, then called Downtown Locker Room, when it was just 43 stores. DTLR then merged with Philadelphia-based Sneaker Villa in 2017, and currently operates 247 stores across 19 north- and south-eastern states. Villa’s former owner Goode Partners is also selling its stake. The acquisition is expected to close before the end of Q1 after ... Log in to view full article.

 


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