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Farfetch And Neiman Marcus Group Announce The Closing Of A $200 Million Minority Investment By Farfetch In Neiman Marcus Group

Farfetch And Neiman Marcus Group Announce The Closing Of A $200 Million Minority Investment By Farfetch In Neiman Marcus Group

05/31/22, 1:15 PM
Money raised
$200 million
Neiman Marcus Group (NMG), the largest integrated luxury retailer in the U.S. and the parent of brands including Neiman Marcus and Bergdorf Goodman, announced the closing of the $200 million common equity minority investment by FARFETCH Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, in NMG, and the signing of the commercial agreements with FARFETCH Platform Solutions (FPS). NMG will use the proceeds to further accelerate growth and innovation through investments in technology and digital capabilities to make life extraordinary for its customers.

Company Info

Company
Farfetch
Additional Info
From the world’s best designer fashion to emerging brands, open doors to 100.000+ styles on FARFETCH. ✈ Get express delivery & free returns.