Farfetch will complete by the end of this week its much-anticipated initial public offering (IPO) on the New York Stock Exchange with a valuation of up to $4.8 billion if investors pile in to buy its shares.
We caught up with Phair this weekend in London to discuss her plans for the BFC; her take on the future of fashion; how Brexit might impact London designers and British brands; and the BFC’s new plans with Google.
As London Fashion Week gets under way, the British Fashion Council (BFC) has unveiled new industry statistics highlighting how important the sector is to Britain while also warning about the risk of a no-deal Brexit.
Mulberry has opened its new global flagship on Regent St, with the new design concept led by creative head Johnny Coca and designer Faye Toogood “showcasing the Mulberry offer in a fresh, contemporary environment.”
Rarely has any fashion week felt like its success was riding on one brand. Yet that’s very much the mood entering the next edition of London Fashion Week, when all eyes will be on Riccardo Tisci's debut at Burberry.
Farfetch unveiled on Tuesday the first batch of start-ups it will mentor and invest in as part of its Dream Assembly project aimed at giving it access to promising services in the fields of retail, luxury and fashion.
News from the BFC is coming thick and fast at the moment. Just a day after naming Farfetch exec Stephanie Phair as its new Chair, the group has unveiled David Beckham in the brand new role of Ambassadorial President.
Farfetch has been a major retail disruptor in its relatively short history and now the company is setting out to find the next wave of tech firms with a start-up incubator that’s also being supported by Burberry.