Farfetch CEO says IPO on the horizon within 2-3 years

Online luxury retailer Farfetch, valued at around $1.5 billion in a fund-raising this year, sees a flotation on the cards in two to three years once a phase of high investment is over, its CEO told Reuters. Farfetch is a marketplace website that puts consumers in touch with trendy shops around the world that sell major labels and also enhances access to smaller fashion brands. The site combines more than 500 boutiques, including L'Eclaireur in Paris, Maxfield in Los Angeles and Fivestory in New York.

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