After last week’s announcement that Conde Nast International had made a significant investment (for them) in Farfetch.com comes news that Advance Publications, ie the parent company of Conde Nast, just led the latest $20 million fundraising round for Renttherunway.com, the web site that allows consumers to rent a catwalk look for an event. The first move got a lot of play, and this one has been slightly quieter (another investor, Highland Capital, issued the release), but put them together and you get what looks like an interesting picture developing, no?
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