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GOAT Goes Gucci, Adds Luxury Brands

Los Angeles-based GOAT, which operates an online marketplace for collectible sneakers, is branching off into the luxury brand market, adding such brands as Gucci, Saint Laurent, Off-White, and others, the company said on Monday. The items are currently available on GOAT's smartphone apps for iOS and Android, and will eventually be available on GOAT's website and WeChat. GOAT said the effort is part of a plan for resale expansion.