Farfetch to Expand Sneaker and Streetwear Offering With Stadium Goods Acquisition

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,…