Sneaker marketplace Goat Group Inc. is set to acquire streetwear-resale site Grailed to expand deeper into the apparel business.
Grailed, a peer-to-peer fashion site, will continue to operate under its own brand and will integrate Goat’s operations infrastructure, including shipping and payments. Financial terms of the deal weren’t disclosed.
Eddy Lu, co-founder and chief executive officer of Goat Group, said Grailed offers unique…