Search results
Results from the WOW.Com Content Network
Farfetch was founded in June 2007 by Portuguese businessman José Neves as a marketplace for high-end fashion. [3] The company was based in London and had a launch team of 5 people. [ 4 ] Initially registered as Far-fetch.com Ltd from 2007- 2010, then Farfetch.com Ltd from 2010 - 2013, [ 5 ] the company's idea was to connect small offline ...
In September 2018, following the IPO of Farfetch on the New York Stock Exchange, Neves' stake in the company was valued at US$1.4 billion. [ 8 ] In February 2024, following the sale of Farfetch to Korean e-commerce company Coupang, Neves stepped down as CEO but will remain involved with Farfetch in a consultant capacity.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
Founder and owner of Farfetch [10] Unlisted. Pedro Queiroz Pereira ... Portugal: $500 million: Football contracts, endorsement deals, business investments [14] Unlisted.
For premium support please call: 800-290-4726 more ways to reach us
In 1987, Susanne and Christoph Botschen opened the "Theresa" boutique in Munich city center, where they sold designer fashion for women. In 2006, the couple supplemented the physical store by founding an online store, Mytheresa, which offers ready-to-wear, shoes, accessories, and fine jewelry from more than 250 designers.
In August 2022, Richemont announced it would sell a 47.5% stake in YOOX Net-A-Porter (YNAP) to rival Farfetch and a 3.2% stake to a Mohamed Alabbar investment vehicle in exchange for about an 11% stake in Farfetch. [40] [41] However, in December 2023, the agreement were terminated after Coupang announced its acquisition of Farfetch. [42]
Frasers Group plc (formerly known as Sports Direct International plc) is a British retail, sport and intellectual property group, named after its ownership of the department store chain House of Fraser. The company is best known for trading predominantly under the Sports Direct brand which operates both physical outlets and online. [4]