Finish Line to convert local shopping mall store to JD Sports brand
JD Sports, based in England, acquired Indianapolis-based Finish Line in June and is testing whether to convert the entire 555-store Finish Line chain to its brand.
JD Sports, based in England, acquired Indianapolis-based Finish Line in June and is testing whether to convert the entire 555-store Finish Line chain to its brand.
The outcome of the test will help determine whether all Finish Line outposts will take on the JD Sports moniker and product mix.
Parent company Genesco started trying to sell the Zionsville-based division 10 months ago, but no deal has been struck. Meanwhile Lids' long-running decline has continued.
Paul Skjodt, owner of the now-dormant Indiana Ice hockey team, has secured an option on 92 acres in a busy northwest-side corridor for a $25 million multi-use sports complex.
The upcoming MotoGP motorcycle race could be the last at the Indianapolis Motor Speedway, as NASCAR officials lobby instead for a stand-alone race for a newly merged sports-car series.
England-based JD Sports Fashion Plc entered the U.S. market in June with its $558 million acquisition of Indianapolis-based Finish Line and says it likes what it sees so far.
The expansion positions Indy as a second headquarters. Also, in the week’s roundup: Ash & Elm, Red Dog Books, Miracle on South Street, JD Sports, At Home and much more.
Buyer JD Sports Fashion, the leading European retailer of sports, fashion and outdoor brands, plans to retain Finish Line management and use the company as its platform for North American expansion.
Shares in Finish Line Inc.—which this week agreed to be acquired by British retailer JD Sports Fashion Plc for $558 million—tumbled Thursday morning after the Indianapolis-based retailer reported a sharp quarterly decline in same-store sales.
Combining Indianapolis-based Finish Line Inc. and JD Sports Fashion from across the pond could create a firm within striding distance of the sports apparel industry’s heavyweight, according to an analyst.
The purchaser is not Sports Direct International, a United Kingdom-based firm that began buying up Finish Line shares last year, but rather its top rival, JD Sports.
British retailer JD Sports Fashion has had the Midas touch elsewhere in the world. Now, two years after gaining a foothold in the United States by buying Indianapolis-based Finish Line Inc. for $558 million, it’s beginning to show the same winning ways in this country. “I think you would have to say it has been a […]
The roastery’s new building is near 16 Tech. Also this week: JackRabbit, Derezzed Virtual Reality and Walmart pickup towers.
Several well-known Indiana companies were acquisition targets, including biotech firm Endocyte Inc., retailer The Finish Line Inc., racino owner Centaur Gaming, auto body chain Church Brothers Collision Repair, banking company MainSource Financial Group, and gas and electric utility Vectren Corp.
The escalation in per-share price—which far exceeds that of other recent deals involving Indiana public companies—reflects the unique nature of M&A in the pharmaceutical realm.
A new regulatory said Sports Direct International Inc., the United Kingdom-based sports-apparel retailer that was rumored for months to be on the verge of buying Indianapolis-based Finish Line, never actually wanted to buy the company.
Basketball sculptures depicting Indiana’s high school hoops history are planned for downtown Indianapolis installation in February.
Former NASA employer Greg McCauley is looking to share his passions at a 78-acre science and space campus planned between East 186th and East 191st streets in Westfield, just east of Grand Park Sports Campus.
As Indiana Republican lawmakers prepare Tuesday to override Gov. Eric Holcomb’s veto and enact a new law that would bar transgender girls from participating in girls’ K-12 sports, activist groups on both sides of the issue are ramping up their lobbying efforts.
An all-star roster of Indiana artists will create murals and framed paintings set for display in the halls of downtown’s basketball arena.