Farfetch CEO José Neves Steps Down Amid Plans to Cut Workforce by Up to 30%
Farfetch Bondholders Are Pushing Back on Sale of Luxury-Goods Company -- Barrons.com
Farfetch Noteholders Oppose Acquisition by Coupang
News On Farfetch Ltd. (FTCH) Now Under FTCHF
Richemont Group Will Not Close Proposed Deal With Farfetch Involving Its Yoox Net-A-Porter Platform
(Global Business News) Richemont (Richemont) said the luxury goods group will not complete the proposed deal with Farfetch involving its Yoox Net-A-Porter platform, and does not expect Farfetch to repay the convertible senior notes previously issued to it. Before Richemont Group announced the above news, Coupang (Coupang) said it would acquire the business and assets of Anglo-Portuguese luxury e-commerce company Farfetch. According to the agreement reached between Richemont Group and Farfetch last year, Richemont Group agreed to divest nearly half of its e-commerce business YNAP
NYSE Suspends Farfetch Ltd. Shares
NYSE to Commence Delisting Proceedings Against Farfetch Limited (FTCH)
Richemont's Failed Farfetch Deal Looks Manageable -- Market Talk
12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session
M & A News: Farfetch (NYSE:FTCH) Plummets on Asset Deal With Coupang (NYSE:CPNG)
Changes in US stocks | Coupang rose 1.24% in pre-market to acquire British luxury e-commerce company Farfetch
Glonghui December 19 | South Korean e-commerce giant Coupang (CPNG.US), US stocks rose 1.24% to $16.35 in the premarket. According to news, Coupang will acquire British luxury e-commerce company Farfetch. The deal will fund Farfetch $500 million to continue operations. Kim Bum-seok, CEO of Coupang, said in a statement: “Farfetch is a milestone in the luxury industry. It is a transformative force proving that online luxury is the future of luxury retail.”
US stocks closed | Expectations of interest rate cuts were suppressed. The NASDAQ continued to rise, and S&P was approaching historic highs; New Oriental and NIO rose about 5%
The Nasdaq index continued to reach new highs in the past two years, and the Dow closed flat, stabilizing its all-time high; Meta and Amazon hit record highs; Apple, which stopped selling new smartwatches, fell by more than 1%; the chip stock index ended seven consecutive gains; and US Steel rose more than 26%.
Sector Update: Consumer Stocks Advance in Late Afternoon Trading
What's Happening With Farfetch Stock Today?
12 Consumer Discretionary Stocks Moving In Monday's Intraday Session
Farfetch Holdings Plc, Co's Unit, Entered Committed First Lien Delayed Draw Term Loan Facility In Principal Amount Of $500M
Coupang Shares Slip After Farfetch Deal
Richemont Ends YNAP Agreement With Farfetch
What's Going On With Coupang (CPNG) Shares?
Coupang Agrees to Buy Farfetch, Provide $500M Bridge Loan