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Farfetch to Expand Sneaker and Streetwear Offering With Stadium Goods Acquisition

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Farfetch is tapping into the ballooning sneaker and streetwear trend to grow its business. On Wednesday, the luxury e-commerce marketplace announced a definitive agreement to acquire Stadium Goods, touted as the world’s premier sneaker and streetwear marketplace, in a $250 million deal. The deal is expected to help Farfetch expand its sneaker and streetwear offering,…

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