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Second Hand Sneaker Boom

Second Hand Sneaker Boom

28 July, 2021

This week, GOAT Group, the parent company of sneaker-centric online marketplace GOAT, raised $195 US million in a funding round that valued the company at $3.7 billion – more than double what the start-up was worth in its last 2020 valuation. GOAT said it sold $2 billion worth of product over the last 12 months, and that its sneaker sales have doubled.

Time horizon: Now
Generation: Gen Z Millennials
issue: Equality
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Second Hand Sneaker Boom
Signal title Generation Channel Region Issue Time Horizon Sector

Second Hand Sneaker Boom

Gen Z, Millennials Mobile / App, Ecommerce - Equality Now Fashion, Sustainability