US-based footwear and sports apparel retailer Genesco has acquired UK-based fashion footwear retailer Schuh Group for £100 million pounds ($161.9 million) to boost its presence internationally.

“We are pleased with the strength of our US based businesses and look forward to presenting an updated outlook for the balance of the year, including Schuh, when we announce our second quarter results in August,” said Genesco chairman and president, Robert J. Dennis.

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