The fashion e-commerce platform has agreed to buy Stadium Goods less than two years after its $4.6m series A round, handing exits to LMVH and Chernin Group.
Fashion e-commerce platform Farfetch agreed to buy US-based online sneaker and streetwear marketplace Stadium Goods yesterday in a $250m deal that will allow luxury goods producer LMVH to exit.
Stadium Goods sells new and second-hand streetwear apparel through an online marketplace and a brick-and-mortar store located in New York’s Soho neighbourhood.
LVMH Luxury Ventures, the strategic investment arm of LMVH, invested an undisclosed amount of funding in Stadium Goods in February 2018.
The company launched in 2015 with an…
