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US retailer Foot Locker in talks with Metro brands to enter India

American sportswear and footwear retailer Foot Locker is in talks with Mumbai-based Metro Brands to enter India, three people aware of the development said. Foot Locker, one of the biggest footwear retailers in the world, explored a partnership with other retailers, too, for its India entry, but a deal with Metro Brands - itself a specialised footwear retailer - looks more likely, they said.

from Industry-Economic Times
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