Foot Locker injects $100M into sneaker company GOAT Group

Foot Locker announced Thursday that it made a "strategic investment" of $100 million in sneaker marketplace GOAT Group, which also owns consignment retailer Flight Club after a merger of the two businesses a year ago. The fresh funding from the athletics retailer brings the total raised by the sneaker company to $197.6 million since its founding four years ago, according to a company press release emailed to Retail Dive, and is Foot Locker's largest financial investment...
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