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Bruh.... it's even worse than what we can imagine.... that should have never happened.... conflicts of interest like a mofo.... we got any lawyers up in here?Pre sale
They sending all them ****s to goat
Via https://insideretail.asia/2019/02/11/foot-locker-pays-us100m-for-goat-group-stake/This is a weird release. FTL really beefing with Stockx? They partner with Goat and corner supply to increase demand, then go fcfs and presale for a week from now?
I'm so dazed and confused
I’m getting access denied to even enter their siteFNL says sold out already...hm
Via https://insideretail.asia/2019/02/11/foot-locker-pays-us100m-for-goat-group-stake/
Foot Locker pays US$100m for Goat Group stake
February 11, 2019
Michael Arnold
Specialty athletic retailer Foot Locker is making a US$100 million strategic minority investment in Goat Group, a managed marketplace for authentic sneakers operating the Goat and Flight Club brands.
The partners expect to make joint efforts across digital and physical retail platforms to create exclusive experiences for their customers in an attempt to elevate customer engagement. The investment is also expected to help accelerate Goat Group’s global operations, expanding its omnichannel experience and innovative technologies.
“At Foot Locker we are constantly looking at new ways to elevate our customer experience and bring sneaker and youth culture to people around the world”, said Foot Locker’s chairman and CEO Richard Johnson. “We are excited to leverage Goat Group’s technology to further innovate the sneaker buying experience and utilise their best-in-class online marketplace to help meet the ever-growing global demand for the latest product.
Woooooow..... smfh.... bla bla bla we are hella screwed....
A shoe retailer teaming up with a 3rd party shoe marketplace is conflict of interests we gonna hear hella backdoor stories.
You may not see it directly but who's to say it won't happen. If GOAT is part of FTL would distribution violate their contract?Footlocker has finally decided to quit fighting reselling, and now wants to get in and get their cut off it. While you're not going to see Footlocker "directly" sending stock of shoes to GOAT, that would breach their Nike/JB contract I can see Footlocker adding GOAT stations in brick and mortars that's literally going to allow resellers to purchase a shoe and then immediately cash out and send it over to GOAT.