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Farfetch closes 200 million dollar minority investment in Neiman Marcus Group

Retail conglomerate Neiman Marcus Group (NMG) has announced the closing of a 200 million dollar equity minority investment in the group by luxury fashion platform Farfetch Limited, as well as a commercial agreement with Farfetch Platform Studios (FPS). In a release, NMG said it will be using the proceeds to accelerate growth and innovation...

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