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Foot Locker Invests In 'Goat' Sneaker Marketplace

  • WWD, Sunday, February 10, 2019 6:42 PM
Foot Locker is making a $100 million strategic minority investment in Goat, a managed marketplace for sneakers that operates company-owned stores, e-commerce sites and mobile apps for Goat and Flight Club. Both brands are resale platforms, which authenticate products offered for sale. “Foot Locker is in good company,” according to WWD. “LVMH Luxury Ventures last February made an investment in Stadium Goods, a streetwear and sneaker resale site and brick-and-mortar retailer.”

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