Still robust: While apparel sales are struggling, the sneaker market is thriving thanks to enduring demand. — Bloomberg
Investors believe there’s plenty of room for niche sites with unique inventory to stand out
WHEN Danny Rimer learned that an online sneaker marketplace called GOAT was looking for investors to help expand its business selling must-have Nike Air Jordans and Adidas Yeezy, he suggested that his firm, Index Ventures, lead a US$60mil round.
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