eCommerce fashion platform GOAT Group has agreed to acquire apparel reseller Grailed, combining their forces amid a projected boom in second-hand luxury sales. The companies announced the cash and stock deal in a news release Monday (Oct. 17), noting that it creates a community of...
The metaverse may be but a small portion of the overall retail landscape at the moment, but brands and marketplaces are already setting up shop, using Black Friday and Cyber Monday to test new concepts and invite customers into new virtual worlds. In the past...
In today’s top retail news, Rite Aid posted rising revenues from continuing operations, while GOAT wrapped up a $195 million Series F funding round and achieved a of $3.7 billion valuation. Plus, a report indicates that the secondhand market is set to flourish. Rite Aid’s...
GOAT, an eCommerce sneaker and apparel marketplace, wrapped up a $195 million Series F funding round. The firm achieved a $3.7 billion valuation with the round, more than doubling the $1.8 billion valuation it attained after its Series E round unveiled in September 2020, according...
December 02, 2024
The Federal Trade Commission (FTC) has ordered online sneaker and apparel retailer GOAT to pay over $2 million to consumers, alleging that the company violated the agency’s rules around shipping practices. In its complaint, the FTC alleges that GOAT did not give buyers the option of cancelling an order in cases in which the goods […]
October 17, 2022
eCommerce fashion platform GOAT Group has agreed to acquire apparel reseller Grailed, combining their forces amid a projected boom in second-hand luxury sales. The companies announced the cash and stock...
June 24, 2021
GOAT, an eCommerce sneaker and apparel marketplace, wrapped up a $195 million Series F funding round. The firm achieved a $3.7 billion valuation with the round, more than doubling the...
February 09, 2018
Creating a combined entity with a valuation of around $250 million, Flight Club has merged with GOAT, Recode reported. The combined company has raised $60 million from Index Ventures. But...