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Why has online luxury retailer Farfetch lost its mojo?

The London-based tech darling was worth as much as $23 billion in 2021. Now its founder is looking for a $500 million lifeline ....

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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. ....

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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. ....

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European Commission Approves Farfetch Acquisition of YNAP – Footwear News

The European Commission has cleared the acquisition by Farfetch of a 47.5 percent stake in Yoox Net-a-Porter in a widely expected decision. ....

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Zalando to Unveil Luxury Boutique Later This Year – WWD

Zalando is targeting aspirational luxury customers with a new "elevated" boutique-style space that’s set to open in the fourth quarter of 2023. ....

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