Andrea Felsted, Columnist

Farfetch's Farfetched Valuation

It’s hard to see how the company’s business model can be all that capital light.

Photographer: Luke MacGregor/Bloomberg
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Who wears it best in online luxury? Investors are about to decide.

Just as Cie Financiere Richemont is taking control of Yoox Net-A-Porter Group, rival Farfetch U.K. Ltd may be eyeing a $6 billion initial public offering.