Editor
Moody’s Investors Service on Tuesday cut its rating for Farefetch’s debt to Caa2, deep in junk territory, and put the luxury marketplace on review for another downgrade.
The credit rating firm cited Farfetch’s deteriorating financial position and grim prospects. Farfetch cancelled its planned earnings results on Nov. 28, after The Telegraph reported that the company’s chief executive José Neves was in talks with top shareholders,…
