Farfetch, online retailer, to go public as luxury e-commerce grows

LONDON — Farfetch offers the latest Gucci items delivered to your door in 90 minutes, has distribution deals with brands like Nike and TAG Heuer, and recently started an Arabic-language site to cater to the tastes of wealthy Middle Eastern shoppers.

Now the company is turning its attention to the appetites of a new client: Wall Street.

The London online luxury marketplace formally revealed plans last week for an initial public offering on the New York Stock Exchange, the latest sign of growth in a booming global fashion e-commerce space flooded with cash and sky-high valuations.