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In June 2011, eBay acquired GSI Commerce for $2.4 billion. [68] In June 2013, it was renamed eBay Enterprise. [69] In May 2012, RentPath, then known as Primedia, acquired Rent.com from eBay for approximately $415 million. [70] [71] In September 2012, eBay introduced a new logo using a thinner variation of the Univers typeface. It replaced the ...
Although established in 1974, and founded as a separate company in 1988, Foot Locker's roots date to 1879, as it is a successor corporation to the F. W. Woolworth Company (“Woolworth's”), which changed its name to Foot Locker in 2001, as many of its freestanding stores were Kinney Shoes and Woolworth's locations. [3]
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In 1988, Van Doren and Lee sold the company to banking firm McCown De Leeuw & Co. for US$74.4 million. In 1989, many Vans counterfeiters were apprehended by the U.S. and Mexican governments and ordered to cease production. [5] By 1991, the company's shoes were highly desired due to high demand and low supply.
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