New Farfetch owner thoroughly cleans slate
Almost the entire Farfetch top management resigned after the takeover by Korean e-commerce company Coupang, with major job cuts to follow.
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Almost the entire Farfetch top management resigned after the takeover by Korean e-commerce company Coupang, with major job cuts to follow.
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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.
Farfetch has found its rescuer in Coupang, which has agreed to pump $500 million in emergency funding into the ailing fashion company.