GOAT Group news and archive

Goat Group launches new affordable sneaker platform

Goat Group, the global platform for sneakers, apparel and accessories, which includes Alias, Flight Club, Goat and Grailed, is targeting a “broader consumer” with the launch of Sneakers.com, an affordable platform, where the average price point is just 70 US dollars. In a statement, Goat Group said that Sneakers.com e-commerce concept has been...

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Goat Group acquires resale site Grailed

Goat Group, which includes sneakers, apparel and accessories brands Goat, Flight Club and Alias, has confirmed that it is acquiring Grailed, the community-driven marketplace for men's luxury, streetwear and vintage fashion, in a cash and stock deal. In a statement, Goat Group said that the acquisition would allow it to accelerate its rapidly...

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Goat said to be gearing up for acquisition of resale site Grailed

Sneaker marketplace Goat Group Inc. is reportedly setting its sights on the acquisition of streetwear-resale site Grailed as it looks to expand further into the apparel industry. As part of the deal, Grailed, a peer-to-peer based site, will continue to work under its own brand, however it will integrate Goat’s operations infrastructure,...

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Fashion

Online sneaker marketplace Goat signs deal with French football club

A next generation lifestyle platform has signed a sponsorship deal with one of the world’s most fashionable football clubs. French sports giant Paris Saint-Germain and Goat, a sneaker platform, announced a multiyear global partnership that will see Goat become the new official sleeve partner of the club. The partnership will also see the two...

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Goat Group valuation more than doubles to 3.7 billion dollars

The valuation of Goat Group, the parent company of US sneaker and apparel marketplace Goat, has more than doubled following the completion of a new 195 million dollar financing round. The Series F funding round drove the valuation of the LA-based company up to 3.7 billion dollars from the 1.8 billion dollars it was valued at last September in a...

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Fashion |Interview

London label Goat rebrands as ‘Jane’ this May

British independent womenswear brand Goat, founded by Jane Lewis in 2001, is rebranding as ‘Jane’ after selling its global trademark to 1661/Goat Group for an undisclosed sum. The move follows a longstanding legal dispute, when Goat Fashion began a trademark infringement lawsuit against the sneaker and streetwear platform, 1661/Goat Group, who...

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Fashion platform Goat secures investment from Groupe Artemis

Sneaker and apparel platform Goat has secured a strategic investment from Groupe Artemis, the holding company founded by Kering boss François-Henri Pinault. The amount of the investment was not disclosed, but Goat said it will use it to support its continued expansion in fashion apparel and new categories. The investment follows Goat's Series E...

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Goat Fashion wins injunction against sneaker marketplace Goat Group

London-based brand Goat Fashion has won an injunction against US sneaker marketplace Goat Group to stop the latter from selling apparel and accessories under the Goat name. A New York judge ruled that Goat Fashion proved it could face “irreparable harm” if Goat Group continues to sell apparel on its marketplace. He also said, referring to Goat...

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Foot Locker invests 100 million US dollars in Goat Group

American athletic footwear and apparel retailer Foot Locker has announced a strategic minority investment in Goat Group, the company managing sneaker marketplaces Goat and Fight Club. A total of 100 million US dollars have been invested. "With over 3,000 retail locations, Foot Locker will support our primarily digital presence with physical...