News Formal

Neiman Marcus Gets $200 Million Investment From Farfetch

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Online luxury retail platform Farfetch is investing $200 million in Neiman Marcus, in a deal that shows how much the internet has upended luxury fashion

The ultimate scope is far broader. Neiman Marcus is considering making some brands it carries—with their permission—available on Farfetch’s marketplace, the companies said.

Eventually, Farfetch will use its technology to link Neiman Marcus’s stores more closely with e-commerce by arming sales people with technology that enables them to recognize online shoppers when they enter stores.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Must Read: Farfetch Invests in Neiman Marcus Group, How Subscription-Based Business Models Tackle Sustainability IssuesHow subscription-based business models tackle sustainability issues:
Source: Fashionista_com - 🏆 474. / 51 Read more »

Must Read: Farfetch Invests in Neiman Marcus Group, How Subscription-Based Business Models Tackle Sustainability IssuesHow subscription-based business models tackle sustainability issues:
Source: Fashionista_com - 🏆 474. / 51 Read more »