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Why Farfetch and Neiman Marcus Need Each Other

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.
Neiman Marcus is investing $200 million into the redesign of stores like its Forth Worth, Texas location
A Neiman Marcus store in Forth Worth, Texas. (Neiman Marcus)

The online luxury market is in consolidation mode, and

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Further Reading

Farfetch’s Next Moves

On the heels of its first profitable year, the luxury platform is continuing on with a multi-pronged strategy to gain more market share, from a potential YNAP deal to a hundred-million-plus opportunity with Reebok.

Case Study | Inside Farfetch’s Bid to Dominate Luxury E-Commerce

During a blockbuster year for online sales, Farfetch surged ahead of rivals to position itself at the front of luxury’s e-commerce race. Can it spin the current momentum into sustainable — and profitable — growth and become the unrivalled platform for luxury fashion online?

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