Jose Neves news and archive

Farfetch faces turbulence, postpones quarterly report as privatisation rumours emerge

Farfetch, the e-commerce platform founded by José Neves, has decided to postpone its quarterly report and related conference call with analysts. This move comes amid a challenging period for the company, marked by a significant decline in market capitalization from 26 billion dollars in 2021 to 740 million dollars. As has been well publicized,...

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Fashion

Farfetch’s Jose Neves urges against luxury discounts

Chief executive officer and founder of Farfetch Jose Neves advised luxury brands to stop offering discounts at department stores. Neves shared this advice with a gathering of c-suite level executives at the New York Times International Luxury Conference, which took place in Hong Kong last week. Neves argued that the common approach of department...

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Business

JD.com invests 397 million dollars in Farfetch

London-based luxury marketplace Farfetch has received 397 million dollars in investment from JD.com to open the “ultimate gateway” in China to create a platform to bring luxury e-commerce to its 80 billion dollar market. The deal with China’s largest retailer will see Farfetch leveraging JD's logistics, Internet finance and technology...

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Business

Could Farfetch be preparing for a 5 billion USD IPO?

London - Farfetch, the London-based online luxury retailer, is preparing itself for an IPO which could value the company up to 5 billion USD. The company is said to be in the process of hiring bankers to oversee its public listing in New York which could occur within 18 months, according to a report from Sky News. The move sees the online luxury...

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Fashion

In Pictures: Farfetch reveals 3 new initiatives at FarfetchOS

London - Farfetch, online luxury shopping platform, has unveiled its Store of The Future (SOF) at its debut conference FarfetchOS, in the Design Museum in London today. The inaugural event, which sees Farfetch working with Huawei, was created to drive change, encourage innovation and revolutionise the future of luxury fashion using technology....

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Retail

Farfetch gears up for debut technology and fashion event: FarfetchOS

London - Online luxury retailer Farfetch is eager to continue innovating the worlds of fashion and tech, which is why the company is set to host its first event this spring, FarfetchOS. Following its recent announcement that none other than Dame Natalie Massenet has Farfetch's team as Co-Chairman, comes news of the speaks and research partner...

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People

British Fashion Council strengthens executive board

The British Fashion Council has strengthened its executive board by naming three new non-executives alongside the appointment of Sian Westerman of Rothschild Global Advisory as president of its investment and business strategic pillars. Farfetch founder and chief executive José Neves, Dylan Jones, British GQ editor and London Fashion Week Men’s...