Groupe Artemis Makes Strategic Investment in GOAT Group
Summary
"As a strategic investor in GOAT, Groupe Artemis will help us further accelerate our growth, particularly in fashion apparel, as we continue to drive forward with our mission to bring the greatest products together from the past, present and future." The investment follows established direct partnerships between GOAT and Kering Groups brands, such as Balenciaga, Alexander McQueen and its newest label MCQ. Since its founding in 2015, GOAT has become the leading and most trusted sneaker marketplace in the world, and has expanded to offer apparel and accessories from select emerging, contemporary and iconic brands. Through its unique positioning between the primary and resale markets, the company offers styles across various time periods on its digital platforms and in its retail locations, while delivering products to over 30 million members across 170 countries. For over 20 years, Artémis has been the controlling shareholder of Kering (previously PPR), one of the world leaders in apparel and accessories in Luxury and Sport & Lifestyle.