Farfetch has inked a partnership with Bergdorf Goodman-owner Neiman Marcus Group to help the retail group expand its e-commerce capabilities and technology services.
As part of the deal, Farfetch will make a minority common equity investment of up to $200 million in retail group. The American department store will adopt Farfetch’s technology to power its website and mobile application.
Stay tuned to BoF for updates to this developing story.