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Farfetch was founded in June 2007 by Portuguese businessman José Neves as a marketplace for high-end fashion. [3] The company was based in London and had a launch team of 5 people. [ 4 ] Initially registered as Far-fetch.com Ltd from 2007- 2010, then Farfetch.com Ltd from 2010 - 2013, [ 5 ] the company's idea was to connect small offline ...
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In September 2018, following the IPO of Farfetch on the New York Stock Exchange, Neves' stake in the company was valued at US$1.4 billion. [8] In February 2024, following the sale of Farfetch to Korean e-commerce company Coupang, Neves stepped down as CEO but will remain involved with Farfetch in a consultant capacity. [9]
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Farfetch is a marketplace for the luxury fashion industry. The Farfetch connects customers in over 190 countries and territories with items from more than 50 countries and over 1,400 of the world's brands, boutiques, and department stores. [51] Farfetch was acquired by Coupang in January 2024. [52]
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