Grailed Set to be Acquired by Sneaker Reseller Goat
Grailed is a peer-to-peer fashion site. Goat Group Inc. is a sneaker marketplace.
This is another one of those acquisitions that would never have happened a year ago. Grailed would have just raised more money on its growth story. With venture capital becoming more difficult to come by, It remains to be seen if Goat itself can survive the next couple of years if it’s not already profitable.
Bloomberg: Sneaker Reseller Goat Set to Acquire Streetwear Site Grailed