The combination creates a sneaker chain that has sales of over $5 billion globally and a clear rival to Foot Locker, whose global sales last year were $7.8 billion. There will, however, be clear areas of geographic dominance remaining for Foot Locker in the U.S. and JD in Europe. Some 65% of JD’s revenues of £3,164 million ($4.20 bb) were in the U.K. and another 30% were in Europe. On a pro forma basis with Little Foot, its breakdown would now be some 29% in the U.S., 68% in Europe and 3% in Asia/Pacific. Big Foot, by contrast, has U.S. ... Log in to view full article.