U.S. retailer Foot Locker in talks with Metro Brands for India entry
By
Reuters
Reuters
U.S. footwear and sportswear retailer Foot LockerMetro
Foot Locker, which retails popular footwear brands including AdidasNike
Foot Locker and Metro Brands did not immediately respond to Reuters requests for comment.
The rising affluence in the country and a shift in consumer spending from mom-and-pop stores to bigger chains have set Metro up for sales gains, Metro Brands Chief Executive Nissan Joseph
Foot Locker has over 2,800 retail stores in 28 countries across North America, Europe, Asia, Australia, and New Zealand.
