FARFETCH RAISES $86 MILLION: Luxury online marketplace Farfetch continues to be attractive to investors, raising $86 million in its latest round of funding. This brings the total raised by the eight-year-old company to more than $195 million and values the firm at $1 billion. The round was led by Digital Sky Technologies, and existing investors Condé Nast International and Vitruvian Partners participated as well. The capital will primarily be used to continue to expand the over 300 boutique marketplace’s international footprint. Three localized versions of the site launched in 2014 (Russian in July, Japanese in August and Mandarin in October) and additional sites will roll out in German, Korean and Spanish in Spain and Latin America this year. Farfetch will also open up Japan and Australia to the supply side of the business and introduce same-day delivery in multiple cities. Sales for the retailer network hit $380 million last year, more than double that of 2013, and while the company won’t disclose revenues, Farfetch could have had revenues of about $95 million last year (it’s said to take a 25 percent commission from retail partners).

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