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Sunday, March 3, 2013
Conde Nast Leads $20M Round In Boutique Marketplace Farfetch, Its Third And Biggest E-Fashion Investment In The Last Month
Farfetch, a London-based online marketplace for independent boutiques, has raised another $20 million, led by a new strategic backer, the fashion publishing powerhouse Conde Nast, along with participation from existing investors Index Ventures and Advent Venture Partners. 2013 is shaping up to be a big year for Conde Nast in the world of European e-fashion investments: this is the third investment announced in the last month, with the first two coming out of the Conde Nast Germany subsidiary, for online jewellery shop ReneSim, and online designer shop Monoqi.
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