Tuesday, January 23, 2018

Foot Locker takes stake in women’s luxury activewear start-up

Chain Store Age

Foot Locker is investing in an online women’s luxury fitness and fashion brand with a cult following.

The athletic retailer announced that it has made a strategic investment in Carbon38, taking a minority stake in the brand. The $15 million Series A funding round brings the total raised by Carbon38 to $26 million since 2013.. . . more