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Dickson Concepts has entered a strategic partnership with UK department store Harvey Nichols to combine physical retail stores and e-commerce. “Dickson Concepts will gain complete access to Harvey Nichols’ digital expertise, and allow Harvey Nichols to…
In an effort to become more digitalized, Chanel has tapped e-commerce firm Farfetch, consolidating the partnership with a minority stake purchase in the UK retailer. The French couture house looks to develop digital communication such as chats to connect…
In a brick-walled basement in Hackney, amidst rails hung with Balenciaga and clusters of technology developers, “The Store of the Future” was almost ready. Here, billion-dollar fashion “unicorn” Farfetch has been staging a test run of the tech-powered retail…
British online fashion retailer Farfetch said global revenue grew at a record speed in 2016, while losses widened for the year, on the back of increased investment in technology, customer acquisition and hiring. For the twelve months ending December 31, 2016,…
Saint Laurent China is forming an e-commerce partnership with online fashion retailer Farfetch. The French fashion house’s merchandise will be sold on a new online platform set up by Farfetch in a JV with JD.com, says Saint Laurent CEO Francesca Bellettini.…
Chinese e-commerce giant JD.com has made its largest overseas investment ever, in online Farfetch fashion marketplace. JD.com has bought a US$397 million stake in Farfetch, solidifying a partnership that will see its CEO Richard Liu take a place on the UK…
The younger generation will be key for the luxury industry in the next decade as it enters a “new normal” characterised by lower growth, new research shows. To find success, brands will need to refocus on their customers to better anticipate and cater to…
