Why Farfetch and Neiman Marcus Need Each Other - The Business of Fashion
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/businessoffashion/55VI3LCDPZDDXCSJJ2LAOMAFSE.jpg)
4/5/2022 12:00:00 AM3 yearsago
by Lauren Sherman
by Lauren Sherman
As the industry consolidates further, the online luxury platform will invest up to $200 million in the American department store group, powering its tech in the hopes of gaining a stronger grip on the US market.
The online luxury market is in consolidation mode, and Farfetch is leading the charge. On Tuesday, the company, which operates its own luxury marketplace and a whole stable of businesses including b… [+5877 chars]
full article...