Farfetch completed the acquisition of Opening Ceremony.

Farfetch, an online luxury fashion retail platform, completed the acquisition of Opening Ceremony, an American clothing brand and retailer founded in 2002. Financial terms were not disclosed. "Our curiosity and entrepreneurial spirit have been at the center of Opening Ceremony since we founded the company and our continued search for innovation led us to this partnership with Davide de Giglio and Andrea Grilli, who have created one of the best global brand platforms in existence today. This next step for Opening Ceremony means we get to connect our desire to invent the future and design for our community to a dynamic infrastructure," Humberto Leon and Carol Lim, Opening Ceremony Founders.