Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

Condé Nast withdraws £234m stake in Farfetch

Condé Nast has reportedly stepped away from its partnership with Farfetch, and withdrawn its £234m stake in the luxury fashion platform.

The Vogue and GQ publisher had concerns about “the amount of money Farfetch was spending on marketing”, The Sunday Times reported.

Condé Nast chairman Jonathan Newhouse stepped down from the Farfetch board in March.

The publisher closed its fledgling ecommerce site and entered into a partnership with Farfetch in June 2017

The partnership brought together Condé Nast’s editorial content with Farfetch’s global ecommerce platform. Farfetch acquired the trademark, its inventory and customer database.

Condé Nast has been contacted, while Farfetch declined to comment. 


Readers' comments (1)

  • Interesting. The Condé deal will have given other investor confidence to get on board since. Sounds like this will escalate.

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.