Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
Condé Nast International invested $20 million in e-commerce site FarFetch.com. Condé's CEO said (probably after he finished brushing his shoulders off) that "It's a natural for Condé Nast" what with its readers' excellent and worldly tastes. FarFetch says they expect to use the money to develop markets in the US, Germany, Eastern Europe, and Scandinavia as well as launch a Japanese-language website. Teamwork! [Vogue UK]