Must Read: Goat Acquires Grailed, the Return of Bespoke Suiting

These are the stories making headlines in fashion on Friday.

Goat Group Inc. acquires streetwear resale site Grailed
The streetwear resale marketplace Grailed has been acquired by Goat Group Inc., Bloomberg reports. Grailed will continue to exist as its own platform, separate from the Goat website. Goat’s interest in a deal started last year when the company led a $60 million funding round for Grailed, which, at the time, wasn’t being considered for sale. {Bloomberg}

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