![]() We look forward to welcoming atmos’s highly respected founder, Hidefumi Hommyo, who is considered one of the most influential people in streetwear and sneaker culture, along with the rest of the valued atmos team and their customers, to the Foot Locker family.” We are thrilled to bring atmos into our portfolio of brands and build on the strong foundation of this differentiated business. With atmos, we are executing against our expansion initiative in the rapidly growing Asia-Pacific market, establishing a critical entry point in Japan and benefitting from immediate scale. said, “atmos is uniquely positioned through its innovative retail stores, high digital penetration, and distinctive products that have made it a key influencer of youth and sneaker culture. Johnson, Chairman and Chief Executive Officer of Foot Locker, Inc. The acquisition is expected to be accretive to Foot Locker’s earnings per share in fiscal year 2021. atmos generated approximately $175 million of revenue in its fiscal year 2020, more than 60% of which was generated through digital channels. The acquisition of atmos will accelerate Foot Locker’s global reach with a highly strategic foothold in Japan, the third largest economy globally, while extending the Company’s premium and top-tier offering. atmos’s base of 49 stores globally, including 39 in Japan, operate under the atmos banner and atmos pink, its women’s brand. The transaction will be funded with the Company’s available cash.Ītmos is a culturally connected brand featuring premium sneakers and apparel, an exclusive in-house label, collaborative relationships with leading vendors in the sneaker ecosystem, experiential stores, and a robust omni-channel platform. (“atmos”), which owns and licenses the atmos brand, a digitally led, premium, global retailer headquartered in Japan, for $360 million. ![]() Learn how here below.Expected to Be Accretive to EPS in Fiscal Year 2021įoot Locker, Inc., the New York-based specialty athletic retailer, today announced it has entered into a definitive agreement to acquire Text Trading Company, K.K. The two brands, in order to strengthen their relationship with the world of music, will give their community the opportunity to take part in classes on music production with one of his sound engineer. So the initiative between Shiva, adidas and Foot Locker have been launched in October 4th. The goal of this collection then is a substantial reconnection to the origins of the three stripes in order to unite communities with the power of music. Who better than Shiva, a multiplatinum rapper, can be the representative of such a pure and strong truth as Milan? The soul of the entire communication is focused on “truth,” that is what conforms to reality. ![]() To support this new collection, the rapper Shiva, one of the main protagonists of the Italian scene, was chosen as the only endorser for the new “Find Your Truth” campaign. ![]() Given the enormous success the collection has received, adidas Originals in collaboration with Foot Locker has decided to revive a must-have under the name Chile 22. Among the major collections that have had enormous impact is the Chile 62, first launched in 1962 at the seventh FIFA World Cup in Chile, the country from which it takes its name. ![]() The history of adidas is incredible, and there are numerous of its collections that have marked the history of streetwear on a global scale. ![]()
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