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Coupang to Acquire the Business and Assets of Farfetch, Bringing the Future of Commerce to the $400B Global Personal Luxury Goods Segment

Coupang to Acquire the Business and Assets of Farfetch, Bringing the Future of Commerce to the $400B Global Personal Luxury Goods Segment
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Is luxury s favourite e-tailer about to go bust?

For years, Farfetch was a tech darling that powered much of online luxury shopping. Now it is teetering on the brink of collapse.

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Coupang to Rescue Farfetch, Injecting $500 Million Into Troubled Firm

Richemont's agreement to sell a majority stake in Yoox Net-a-porter to Farfetch has been terminated as a result of the sale of Farfetch to Coupang.

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Coupang to Acquire the Business and Assets of Farfetch Holdings, Bringing the Future of Commerce to the $400B Global Personal Luxury Goods Segment

Coupang, Inc. , a leading global retailer, today announced plans to acquire the business and assets of Farfetch Holdings plc, a top online luxury company. This acquisition positions Coupang as a.

United statesSouth koreaUnited kingdomFarfetch platform solutionsYork stock exchangeFarfetch holdingsCoupang incBom kimFarfetch founderCurrent reportInvestor relationsNew york stock exchangeCoupang eatsCoupang payFarfetch marketplaceStadium goods

Richemont Confirms Deal to Sell YNAP to Farfetch and Alabbar Is Off – WWD

Richemont said will consider 'alternative options' to create a neutral luxury platform, and will continue to re-platform the brands in its portfolio.

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