Coupang
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Feb- 2024 -16 FebruaryNews
Today’s news in brief-16/2/24
In January 2024, the UK experienced a significant rebound in retail sales, rising by 3.4% following a 3.2% decline in…
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16 FebruaryNews
Farfetch CEO to step down following Coupang rescue deal
Farfetch founder and CEO Jose Neves is reportedly stepping down from the company following the sale of the business to…
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8 FebruaryNews
Today’s news in brief-8/2/24
Farfetch has appointed Akshay Navle as a new director amidst shareholder discontent following the company’s sale to Coupang. Navle, who…
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8 FebruaryNews
Farfetch appoints new director following Coupang sale
Farfetch has appointed Akshay Navle as a new director following the sale of the company to Coupang. According to the…
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2 FebruaryNews
Today’s news in brief-2/2/24
The overall percentage of UK-listed companies issuing profit warnings reached 18.2%, surpassing the levels observed during the 2008 financial crisis.…
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2 FebruaryNews
Farfetch completes sale to Coupang
Farfetch has completed the sale of its business to the South Korea marketplace company Coupang for $500m (£392m). With the…
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Dec- 2023 -19 DecemberNews
Today’s news in brief
South Korean e-commerce giant Coupang has reportedly reached an agreement to acquire Farfetch in a $500m rescue deal. The transaction…
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19 DecemberClothing & Shoes
Farfetch acquired by Coupang in $500m rescue deal
South Korean ecommerce group Coupang has agreed to acquire Farfetch, which had been seeking a rescue deal in recent weeks,…
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