By  on December 12, 2018

Farfetch, the technology platform for luxury goods, is set to acquire Stadium Goods, the premier sneaker and streetwear marketplace, for an enterprise value of $250 million.

Stadium Goods specializes in new and deadstock products. It has been on the Farfetch platform since April. Farfetch said the acquisition presents a “great opportunity for the two companies to leverage each other’s strengths within this fast-growing segment of luxury fashion.”

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