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Foot Locker invests $100m in sneaker resale platform

Foot Locker has invested $100m (£77m) in Goat Group, which owns second hand trainer platforms Goat and Flight Club.

Foot Locker told Forbes the partnership would “strengthen its relationship and engagement with its customer.”

Goat Group, which resells shoppers’ trainers for a commission online and in three US stores in New York, Los Angeles and Miami, was founded in 2015 by US students Eddy Lu and Daishin Sugano.

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