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

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.