- NY Post reported yesterday evening that Farfetch, the online seller of hard to find luxury goods, was in talks to buy Barney’s. The pairing could create an omnichannel leader in the luxury market.
- Today Farfetch bluntly refused the story in a statement, “The story is incorrect—Farfetch is not acquiring Barneys New York.”
- Stylitics, the company behind outfit-based shopping recommendations used by many retailers, raised $15 million in Series B funding. The company originally created ClosetSpace, an app to help provide outfit recommendations and inspiration.
Source: Barneys nears sale to luxury retailer Farfetch | NY Post
Source: Farfetch Refutes Report of Plans to Buy Barneys New York | Fortune
Source: Style recommendation startup Stylitics raises $15M | TechCrunch