JD Sports completes acquisition of Courir
JD Sports has completed its acquisition of Courir following receipt of conditional clearance from the European Commission.
The retailer announced back in May that it was purchasing the brand which is a market leader in sneakers in France. The acquisition price was €520 million.
Courir has 323 stores in France, Spain, Belgium, the Netherlands, Portugal and Luxembourg, as well as 36 shops which trade under franchise agreements as Courir in north west Africa, the middle east and French overseas territories. It also operates three stores trading as Naked, a premium concept for women’s sneakers.
Régis Schultz, chief executive of JD Sports Fashion, said: “The completion of our acquisition of Courir is an exciting milestone for our complementary concepts strategy in Europe and we look forward to working with its experienced management team as we deliver on our growth plans.
“This acquisition will broaden the JD Group’s customer reach adding a more female, fashion-conscious and older customer base to complement the group’s core customers.”
In accordance with the European Commission’s conditional clearance decision, 15 of Courir’s stores in France and all six of its shops in Portugal will be divested to Snipes during the first quarter of 2026.
