The Debrief | Can Farfetch Be Fixed? Farfetch, the online luxury fashion platform, has been a prominent player in the e-commerce industry for quite some time. However, recent changes in ownership have sparked discussions about the company’s future and its potential for revival. Executive Editor Brian Baskin and Senior Correspondent Sheena Butler-Young recently sat down […]
Inside Coupang’s Tug of War With Farfetch
Inside Coupang’s Tug of War With Farfetch Coupang, the South Korean e-commerce powerhouse, has been locked in a fierce battle with luxury e-tailer Farfetch since acquiring it a year ago. The acquisition was intended to revamp Farfetch’s operations and drive it towards profitability. Recent reports indicate that Coupang’s efforts are indeed yielding results, with Farfetch […]
Farfetch Owner Coupang's Retail Sales Miss Estimates
Coupang Inc., a prominent player in the South Korean e-commerce landscape, faced a notable downturn in its stock performance following the announcement of its latest quarterly results. The company’s retail net sales amounted to $6.14 billion, reflecting growth compared to the previous year but falling short of analysts’ expectations, which had projected sales of $6.24 […]