Editor
This week, two of online luxury’s biggest players narrowly avoided collapse.
On Monday, after reports in recent weeks suggested a dire financial position, Farfetch announced it would sell to South Korean e-commerce giant Coupang, securing $500 million in emergency funding in a delisting deal that wiped out shareholders and bondholders. Then on Wednesday, UK retail group Frasers said it would buy Matches (known until recently as…
