The ‘Amazon of South Korea’ will save the luxury e-commerce site from bankruptcy, boosting both companies’ retail profile in the process. South Korean retailer Coupang announced plans to acquire both ...

Luxury group Richemont said it has no plans to invest further in Farfetch and could reconsider a deal with the e-commerce firm, amid speculation Farfetch may be taken private by backers that include ...

LONDON--(BUSINESS WIRE)--The 2027 Ad Hoc Group (the Group) announced today it has formed to explore options over the proposed acquisition of the Farfetch business by Coupang. The Group is comprised of ...

PARIS, Dec 13 (Reuters) - A winding down of the post-pandemic spending frenzy is hitting European luxury companies from LVMH (LVMH.PA), opens new tab to Kering (PRTP.PA), opens new tab, but none more ...

SEATTLE & SAN FRANCISCO & LONDON--(BUSINESS WIRE)--Coupang, Inc. (NYSE: CPNG), a leading global retailer, today announced plans to acquire the business and assets of Farfetch Holdings plc, a top ...