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Retailers GOAT and Flight Club merge into online sneaker shopping paradise, snag $60 million in new funding

Online footwear retailer GOAT and sneaker consignment shop Flight Club are merging, but will maintain separate brands. The two companies have shaken up the footwear industry and attracted fans among sneaker enthusiasts. GOAT, a Y Combinator-backed startup, also announced that it had received an additional $60 million in funding from a round led by Index Ventures. Online sneaker retailer GOAT announced Thursday it's merging with venerated sneaker consignment shop Flight Club and getting a $60 million cash infusion.
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