Farfetch raises $86 million
Farfetch is an online fashion company that has raised $86 million in funding from DST Global and other existing shareholders. Farfetch is now valued at $1 billion. Farfetch works with over 300 of the largest designer boutiques on its website Farfetch.com and has raised more than $195 million. Farfetch will be using the funding to launch its service in local language websites, including German, Spanish, and Korean. Some of Farfetch’s existing shareholders include Conde Nast and Vitruvian Partners.