Farfetch unveils tie-up with Harvey Nichols before '£4bn IPO'

Photo of Farfetch unveils tie-up with Harvey Nichols before '£4bn IPO'
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High-end fashion website’s expected valuation nears value put on Marks & Spencer

A luxury UK-based fashion website is gearing up for a stock exchange listing that is expected to value the company at more than £4bn – or close to the current market valuation put on the whole of Marks & Spencer.

Farfetch, launched in 2008, enables nearly 900 boutiques and luxury brands to sell their designer fashions to a customer base of 2 million well-heeled shoppers across 190 countries.

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view The Guardian: Money
#consumer affairs
#retail industry
#stock markets
#online shopping
#luxury goods sector
#e-commerce
#life and style
#ipos
#money
#fashion
#technology
#internet