Traditional Enterprises are Buying Into Fashion + Sneaker Marketplaces 👟⌚
Groupe Artémis, a holding company with a portfolio that includes Gucci, Balenciaga, Puma, and Alexander McQueen, has announced a follow on investment of GOAT’s Series E funding round at a valuation of $1.75 billion. Alex discusses Groupe Artémis’ extensive portfolio and the trend of traditional enterprises investing into new marketplace platform models in the fashion industry like GOAT, Farfetch, StockX, Poshmark, and 1st Dibs.
This is an excerpt from episode 145 of Winner Take All. Watch the full episode here: youtu.be/gy_LaDO1RgY
Originally Aired: 02/23/21
#Fashion #LuxuryFashion #Marketplace
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