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Farfetch Rushes To Finalize Sale To Coupang

Farfetch just announced it has sold all of its business and assets to Coupang effective January 30, 2024. A group of Farfetch note holders promise to fight back.

Farfetch applies to appoint UK administrator as investors fight Coupang takeover

The directors of online luxury goods retailer Farfetch have applied to the English High Court with an application to appoint an administrator.

Coupang to buy British online retailer Farfetch

South Korean e-commerce giant Coupang announced Tuesday it plans to buy the British luxury online platform Farfetch, in a bid to strengthen its competitiveness in the fashion and luxury industry. Coupang will inject $500 million into the London-based Farfetch to help its business stay afloat, the Korean e-commerce company said. In order to acquire Farfetch, Coupang has formed a limited partnership called Athena Topco.

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