Home breadcru News breadcru Retail/Chain Stores breadcru Condé Nast invests in luxury fashion etailer farfetch

Condé Nast invests in luxury fashion etailer farfetch

04 Mar '13
4 min read

farfetch facts and figures
- 250 boutiques globally
- 82,000 highly curated products from over 2,000 of the world’s best brands
- 4.3 million site visits per month
- 150,000 customers in over 140 countries spending on average $638 per order
- The top farfetch customer to date spent nearly $320,000 since launch on over 280 orders including 51 sandals, 48 pairs of boots and 39 pairs of pumps

- $129m annual sales with current growth rate of over 145%
-  The biggest single farfetch order so far was for 36 items from 15 different boutiques at a value of over $34,400
 - Sales are spread around the globe, with 65% of sales coming from markets outside the UK and US
-The farfetch boutiques occupy a total of 844,500 square feet of retail space, the size of 11 football fields

Advent Venture Partners is one of Europe’s most successful venture capital investors with a track-record of partnering with the most ambitious entrepreneurs building tech-driven businesses. We invest in proven, highly differentiated businesses with exceptional capital efficient growth, in areas where we have both expertise and high conviction. Recent successes include the sale of Zong to ebay, the sale of Qype to Yelp, the sale of Vitrue to Oracle, the sale of Dailymotion to Orange.

Since its inception in the early 1990s, Index Ventures has been dedicated to building world-class information technology and life sciences companies. As one of the early venture firms in Europe, they are committed to the development of the venture capital industry across the continent and UK.

Founded in 1998 e.ventures is a venture capital firm with global scale. The firm invests out of dedicated funds in five geographies, namely BV e.ventures (U.S.), e.ventures Europe, e.ventures Russia, Infinity e.ventures (China and Japan) and Redpoint e.ventures (Brazil and Latin America).

farfetch

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