.
MergerLinks Header Logo

New Deal


Announced

Completed

FARFETCH completed a $200m investment in Neiman Marcus Group.

Financials

Edit Data
Transaction Value£152m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Friendly

Single Bidder

Acquisition

Minority

United States

clothing retailer

Apparel Retailers

Private

Completed

Synopsis

Edit

FARFETCH, a global platform for the luxury fashion industry, completed a $200m investment in Neiman Marcus Group, an omnichannel luxury retailer in the US. "We are pleased to share the successful closing of the investment by FARFETCH in NMG and now that the commercial agreements are final, we are excited to transition to realizing the important benefits of this partnership. FARFETCH's investment demonstrates its confidence in our omnichannel strategy, and we look forward to partnering with them to continue revolutionizing the luxury customer experience and delivering value to all our stakeholders," Geoffroy van Raemdonck, Neiman Marcus Group CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US