Former Penney exec takes the reins at CCS’s parent company.
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Foot Locker CEO: “Action sports is a very fast-growing business. We made that acquisition because we wanted to be in it quickly.”
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After selling off CCS to Foot Locker in early November, retail giant Delia’s reported a third-quarter net profit of $3.5 million. The previous year’s 3q net profit was $12,000.
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CNNmoney.com reported today that Foot Locker (FL) is buying Delia’s Corp’s (DLIA) CCS to the tune of $102 million. The deal is expected to close in 60 days.
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