News

Footstar to sell athletic footwear business

30/03/2004

Beleaguered footwear retailer, Footstar, Inc, has announced it is to exit its athletic footwear business, consisting of 353 Footaction stores.

 

The New York, US-based company, which earlier this month filed for Chapter 11 bankruptcy protection, cited the absence of new supplies from its largest vendor, Nike USA, Inc as a factor in the move.

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