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...
Everyone needs shoes — and that need helps drive innovation in an important sector of retail. In fact, several hot commerce trends involve footwear as the new decade approaches. Take subscription commerce, an increasing part of daily consumer life. Just a few months ago, news...
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 deal in a news release Monday (Oct. 17), noting that it creates a community of 50 million members in 170 countries. Based in New York […]
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...
