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Coupang Finalizes Purchase of Troubled Farfetch – Footwear News

Coupang confirmed it has completed its purchase of Farfetch, saying a fresh $500 million in capital should keep the company running smoothly. ....

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London Retailer Matches Latest to Go in Luxury E-commerce Fire Sale

Just 48 hours after Coupang rescued Farfetch, Mike Ashley's Frasers Group purchased the loss-making Matches at a discount price of 52 million pounds. ....

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The Clock Is Ticking at Farfetch

Industry sources say that if troubled Farfetch does not secure rescue financing in the coming days, it will have to call in administrators in the U.K. ....

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Farfetch Is Officially Exiting Beauty

Farfetch cut its outlook, and shares of the luxury platform dropped sharply in after hours trading as investors reset. ....

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