Foot Locker invests in the secondary sneaker market

2019-02-19T00:00:00

Acting through a subsidiary, Foot Locker is investing $100 million in Goat Group, an international marketplace for second-hand sneakers that operates through e-commerce websites, mobile apps and its own retail stores. The two companies will be pooling their resources on digital and physical retail platforms to create “exclusive customer experiences.” 

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