Saturday, September 22, 2018

Luxury clothing marketplace Farfetch closes up 42% on its first day of trading, after raising $885M in its IPO; Farfetch is now valued at $8.2B (Alex Barinka/Bloomberg)

Alex Barinka / Bloomberg:
Luxury clothing marketplace Farfetch closes up 42% on its first day of trading, after raising $885M in its IPO; Farfetch is now valued at $8.2B  —  - Shares rise as investors bet on $8,287 coats, $980 sneakers  — CEO Neves seeks to further customize site for regional tastes



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