American multi-brand footwear retailer Foot Locker has announced a $100 million in GOAT Group, one of the most prominent players in the fast-growing $6 billion global sneaker reselling market. The move marks the largest investment to date by a retailer into the secondary sneaker market, as well as Foot Locker’s biggest investment ever. Is this a good thing for sneakerheads, though?
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Milan Fashion TV – Fashion – Glamour – Lifestyle
