JD Sports Fashion completed the acquisition of Hibbett for $1.1bn.

JD Sports Fashion, an omnichannel retailer of sports fashion brands, completed the acquisition of Hibbett, an athletic-inspired fashion retailer, for $1.1bn. "The completion of our acquisition of Hibbett is an important strategic milestone for us in North America and we look forward to working with its experienced management team to deliver on our growth plans in the largest sportswear market in the world. Strategically, this acquisition enhances our presence within North America and achieves our objective of strengthening our existing community concepts: Shoe Palace on the West Coast and DTLR on the East Coast. Hibbett's footprint is highly and fully complementary," Régis Schultz, JD Sports Fashion CEO.