The Week

City profiles

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José Neves

When the Portuguese entreprene­ur José Neves founded the London-based fashion website Farfetch in 2008, online fashion retail was still in its infancy, says Sarah Butler in The Guardian. Ten years on, the firm is rumoured to be plotting a $5bn public listing, which would make it one of the UK’S most valuable internet businesses – worth seven times more than the Debenhams chain. “Farfetch is the Deliveroo of luxury fashion”: it makes its money by taking a 25-30% cut of the sales it generates for partner boutiques and brands; and it has more than 700 shops and 200 brands globally on its books – including China’s biggest retailer, Jd.com. In February, Neves lured the doyenne of online fashion, Net-a-porter founder Natalie Massenet, to act as co-chair, crowning Farfetch’s rise from “edgy outsider to hot ticket”.

Karina Garcia

There’s a thriving market for slime, says Claire Martin in The New York Times. Mattel started selling it in the 1970s; nowadays you can buy it online. But the latest youth craze is to make it yourself. Youtube is brimming with video tutorials, or “slime DIYS”, which garner millions of views and attract lucrative advertisin­g and sponsorshi­p deals. Much of the credit for the trend goes to Karina Garcia, 23, a former waitress known as the “Slime Queen”, who began filming herself making recipes in 2015 and created a “sensation”. Garcia now earns six figures a month from sponsors including Coca-cola and Disney, and is developing a line of DIY slime kits. When the craze ends, she says, she’ll move on to another DIY fad. “But it would kind of suck, because I love slime.”

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