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Why Farfetch’s Problems Are Fashion’s Problems

EU regulators are expected to give the go-ahead for Richemont to spin-off Yoox Net-a-Porter in a joint venture with rival Farfetch. But in the 14 months since the deal was announced, Farfetch has lost 90 percent of its market value with significant implications for the transaction and the wider fashion ecosystem.
Farfetch YNAP.
EU regulators are expected to give the go-ahead for Richemont to spin-off Yoox Net-a-Porter in a joint venture with rival Farfetch. (BoF Collage)
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BoF PROFESSIONAL

This week, the deadline for EU antitrust regulators to approve Richemont’s spin-off of Yoox Net-a-Porter in a joint venture with rival Farfetch came and went without news. But a decision has been made and an announcement is set for Monday, according to sources, with

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