GOAT, an online marketplace for high-value sneakers, is acquiring Flight Club, the well-known sneaker consignment shop with locations in New York and Los Angeles. Flight Club is a cultural icon,but they were missing the tech side. We’ve grown into an established player, but we don’t have the retail yet.” – Eddy Lu, GOAT Chief Executive According to a GOAT spokeswoman, the deal involves a mix of cash and equity, although terms have not been disclosed yet. She also said that both brands will continue to operate independently. With the…
Read MoreGOAT is buying Flight Club
