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Farfetch bets on sneakers with $250M Stadium Goods acquisition
Currently unavailable
Farfetch bets on sneakers with $250M Stadium Goods acquisition
ratings:
Length:
6 minutes
Released:
Dec 13, 2018
Format:
Podcast episode
Description
The lines between streetwear and luxury fashion have blurred in recent years, especially as excitement around sneaker brands like Yeezy and Off-White has soared. A marriage between a luxury fashion marketplace and a sneaker and streetwear reseller seems like a natural way to wrap up M&A in 2018. With that said, Farfetch has acquired New York-based Stadium Goods, opting to pay $250 million for the sneaker startup in a combination of cash and Farfetch stock.
Released:
Dec 13, 2018
Format:
Podcast episode
Titles in the series (100)
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