Etiket: Farfetch
Coupang outlines initial plans for Farfetch
Barely a month after completing its acquisition of Farfetch, Coupang, the online luxury retailer’s new owner, is starting to outline its plans for the future of the British company. Brief…
Farfetch could cut up to 30 percent of its workforce
Online luxury retailer Farfetch is reportedly looking to lay off between 25 and 30 percent of its workforce as it continues to restructure its management team. This emerges from a…
Farfetch CEO José Neves resigns after controversial takeover
The controversial takeover of Farfetch by the South Korean e-commerce company Coupang now also has consequences for CEO José Neves. Neves, who founded the luxury online retailer in 2009 and…
Farfetch CEO José Neve resigns after controversial takeover
The controversial takeover of Farfetch by the South Korean e-commerce company Coupang now also has consequences for CEO José Neve. Neves, who founded the luxury online retailer in 2009 and…
Kering stops selling its brands on Farfetch
The takeover of Farfetch by the South Korean company Coupang has far-reaching consequences. Kering, the parent company of fashion houses such as Gucci, Yves Saint Laurent, Balenciaga and Bottega Veneta,…
Neiman Marcus Group terminates commercial partnership with Farfetch
Farfetch continues to face criticism after its surprise takeover by the South Korean company Coupang. The Neiman Marcus Group (NMG) is now said to have terminated its ongoing partnership with…
Farfetch is faced with a winding-up request from investors
Days after Coupang completed its takeover of the British online retailer, Farfetch is facing a winding-up request from disgruntled shareholders who allege that founder José Neves “destroyed” the company’s value…
Coupang announces takeover of Farfetch
The e-commerce group Coupang Inc. announced on Wednesday the completion of the takeover of the ailing British online fashion retailer Farfetch, which was agreed in December. The company has completed…
Farfetch shareholders are jointly challenging the takeover by Coupang
A group of Farfetch shareholders have come together to challenge the planned takeover of the online luxury retailer by the South Korean group Coupang. They believe that the sales process…
Planned Farfetch takeover by Coupang: Richemont cancels Ynap sale
The Swiss luxury goods group Compagnie Financière Richemont SA (Richemont) finally has to look for a new solution for its e-commerce division Yoox Net-A-Porter Group (Ynap). On Monday, the company…