Farfetch CEO José Neves Steps Down Amid Plans to Cut Workforce by Up to 30%
By Sabela Ojea Farfetch's founder José Neves stepped down as chief executive on Thursday amid plans to lay off up to 30% of its global workforce after being acquired by the e-commerce giant Coupang.
Farfetch Bondholders Are Pushing Back on Sale of Luxury-Goods Company -- Barrons.com
The sale of Farfetch, the U.K.-based operator of a popular online luxury- goods platform, to South Korea's Coupang could be challenged in the courts by a bondholder group that is unhappy with the sales process and a lack of transparency about the company's financial condition.
Farfetch Noteholders Oppose Acquisition by Coupang
By Andrea Figueras A noteholder group of the global luxury fashion platform Farfetch, known as the 2027 Ad Hoc Group, said it opposes Coupang's acquisition of the company. The group of institutional
News On Farfetch Ltd. (FTCH) Now Under FTCHF
News On Farfetch Ltd. (FTCH) Now Under FTCHF
NYSE Suspends Farfetch Ltd. Shares
By Josh Beckerman The New York Stock Exchange said it was suspending Farfetch Ltd. shares immediately, citing a Monday securities filing that mentioned the company's expectation that Class A and B st
NYSE to Commence Delisting Proceedings Against Farfetch Limited (FTCH)
The New York Stock Exchange ("NYSE", the "Exchange") announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A ordinary shares of Farfetch Limited (the "Company") —
Richemont's Failed Farfetch Deal Looks Manageable -- Market Talk
1522 GMT - Richemont should be able to manage the impact of the failed deal with e-commerce company Farfetch, Deutsche Bank analysts Matt Garland and Adam Cochrane write. The Swiss luxury group won't
12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session
GainersNew Oriental Education (NYSE:EDU) stock increased by 9.7% to $79.0 during Tuesday's pre-market session. The market value of their outstanding shares is at $13.0 billion. NIO (NYSE:NIO) stock mo
M & A News: Farfetch (NYSE:FTCH) Plummets on Asset Deal With Coupang (NYSE:CPNG)
Express News | Coupang Shares Are Trading Lower. The Stock Initially Moved Bullishly After the Company Announced It Will Acquire the Business and Assets of Farfetch Holdings
Sector Update: Consumer Stocks Advance in Late Afternoon Trading
Consumer stocks rose late Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.7%. In corporate news
What's Happening With Farfetch Stock Today?
Farfetch Ltd (NYSE:FTCH) shares were halted Monday morning and were trading lower after Coupang Inc (NYSE:CPNG) revealed its intention to acquire the company. Coupang says their acquisition of Farfetc
Express News | Coupang Shares Are Trading Higher After the Company Announced It Will Acquire the Business and Assets of Farfetch Holdings
12 Consumer Discretionary Stocks Moving In Monday's Intraday Session
GainersColor Star Tech (NASDAQ:ADD) stock rose 26.5% to $0.5 during Monday's regular session. The company's market cap stands at $11.2 million. Visionary Education Tech (NASDAQ:GV) stock moved upwards
Farfetch Holdings Plc, Co's Unit, Entered Committed First Lien Delayed Draw Term Loan Facility In Principal Amount Of $500M
– SEC FilingOn December 18, 2023, Farfetch Holdings plc ("FF PLC"), a public limited company organized under the laws of England and Wales and a wholly owned direct subsidiary of Farfetch Limited, inf
Express News | Farfetch Shares Are Trading Lower After Coupang Announced Plans to Acquire the Business and Assets of the Company
Coupang Shares Slip After Farfetch Deal
By Dean Seal Shares of Coupang fell after the company said it would acquire the online luxury company Farfetch Holdings. The stock was down 3.7% at $16.39. Shares are up 11% year-to-date. The globa
Richemont Ends YNAP Agreement With Farfetch
By Andrea Figueras Luxury group Richemont said it won't complete a planned transaction with Farfetch involving its Yoox Net-A-Porter platform, and expects to lose out on convertible senior notes prev
What's Going On With Coupang (CPNG) Shares?
Coupang Inc (NYSE:CPNG) shares are trading flat at $16.87 Monday morning after the company revealed its intention to acquire Farfetch Ltd (NYSE:FTCH), an online luxury company. Coupang says this move
Coupang Agrees to Buy Farfetch, Provide $500M Bridge Loan