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High fashion fans from Armenia no longer have to visit the world fashion centers, such as France, to learn about the latest fashion trends, or to do shopping in the boutiques.

From now on NEWS.am will regularly present information about clothing, shoe and accessories brands on online luxury retailer Farfetch, thus providing an opportunity to do shopping in famous fashion boutiques of Paris, New York, Rome and London.   

Online luxury retailer Farfetch is estimated at $1 billion after the latest major investments.  DST Global, a leading company run by billionaire Yuri Milner, has invested $86 million in Farfetch. According to Financial Times, the new investment increased its value up to $1 billion. 
  
Previous investments in Farfetch, including those by publishing group Condé Nast International and  Vitruvian Partners, helped the company to raise $195 million.

Farfetch plans to direct investments to the expansion of its services in Germany, South Korea, Spain and Latin America.  Farfetch is a community of 300 independent boutiques that sell clothes, shoes and accessories worldwide. Besides, the prices specified in the online retailer correspond to the prices in luxury stores.

At the moment, the biggest markets of Farfetch are U.S. and  UK. Since last year the online luxury retailer has been operating in Russia, China and Japan.

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