Must Read: Farfetch Invests in Neiman Marcus Group, How Subscription-Based Business Models Tackle Sustainability Issues

Photo: Scott Olson/Getty Images These are the stories making headlines in fashion on Tuesday. Farfetch invests in Neiman Marcus Group Farfetch is making a minority common equity investment of up to $200 million in Neiman Marcus Group to form a strategic partnership with Bergdorf Goodman and Neiman Marcus. Confirmed Tuesday to WWD, the deal will allow NMG to use Farfetch Platform Solutions to re-platform the Bergdorf Goodman website and mobile application. Both Bergdorf Goodman and Neiman Marcus will join the Farfetch Marketplace as a partner, adding participating brands in key global geographies. {WWD} How subscription-based business models tackle sustainability issues… Read Full Article