Fourlis Group Announces The Establishment Of Licensing Agreements With Foot Locker For Its Network Expansion In South East Europe And Agreements To Acquire Foot Locker Operations In Greece & Romania
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Fourlis Group has announced licensing agreements with Foot Locker to expand its network in South East Europe. Additionally, Fourlis will acquire Foot Locker operations in Greece and Romania.
August 28, 2024 | 2:05 pm
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Foot Locker has entered into licensing agreements with Fourlis Group to expand in South East Europe and will sell its operations in Greece and Romania to Fourlis.
The licensing agreements and sale of operations in Greece and Romania indicate a strategic move by Foot Locker to streamline and expand its presence in South East Europe through a local partner. This could lead to increased market penetration and operational efficiency, positively impacting Foot Locker's growth prospects.
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