Kering Pulls Brands Off Farfetch in Wake of Sale to Coupang
Jean-Marc Duplaix, Kering deputy CEO, said Farfetch 'is not a strategic partner for us.' WWD has learned the brands will no longer sell on the site.
Source: wwd.com
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Neiman Marcus Cuts Commercial Partnership With Farfetch
Farfetch will remain a minority shareholder of Neiman Marcus Group, but won’t be working to replatform Bergdorf Goodman’s website and app anymore.
Source: wwd.com
What Farfetch's troubles mean for luxury fashion
With Farfetch rumoured to be taken private amid a falling cash position, Drapers explores what’s behind the luxury etailer’s struggles and what impact they have on the rest of the luxury market.
Source: drapersonline.com
Richemont 'Reviewing Its Options' With Regard to Farfetch – WWD
Richemont said it has “no financial obligations" towards Farfetch, which may become private, and does not envisage lending, investing in the company.
Source: wwd.com
EU Commission Approves Farfetch Acquisition of YNAP from Richemont – WWD
Europe's competition authority had been expected to wave through the deal after it was approved in the U.K., and other regions, earlier this year.
Source: wwd.com