Jose Neves, founder, chairman and chief executive officer of Farfetch Ltd. is in talks to take the luxury marketplace private, the Telegraph reported on Tuesday.

With Neves controlling the company that connects high-end buyers with boutiques around the world, Farfetch always looked more like a private company anyway. But a buyout would be a headache for Cie Financiere Richemont SA, which is selling a majority stake in its online business Yoox Net-a-Porter. Under the terms of the agreement struck in August 2022, Farfetch is the lead buyer.

QOSHE - A Private Farfetch Would Be a Richemont Headache - Andrea Felsted
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A Private Farfetch Would Be a Richemont Headache

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29.11.2023

Jose Neves, founder, chairman and chief executive officer of Farfetch Ltd. is in talks to take the luxury marketplace private, the........

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