Dick’s Sporting Goods to Acquire Foot Locker in $2.4 Billion Deal

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Dick’s Sporting Goods, the largest sporting goods retailer in the United States, has announced the acquisition of its competitor Foot Locker for $2.4 billion USD (approximately €2.1 billion). The strategic move aims to consolidate operations, expand market share, and drive long-term growth in a challenging retail landscape. Acquisition Details The deal, officially confirmed on Thursday …

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Inditex to Enter Iraq, Expanding Presence to 215 Countries by End of 2025

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Spanish fashion giant Inditex, the parent company of global brands like Zara, Bershka, and Massimo Dutti, has officially announced plans to expand into its **215th market—**Iraq—by the end of 2025. The move marks a significant milestone in the group’s omnichannel expansion strategy, which includes both physical and digital retail growth across emerging markets. Iraq Joins …

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