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Farfetch Investors Object to Coupang’s Acquisition

Last December, the news that the South Korean e-commerce giant Coupang had acquired the ailing luxury e-commerce platform Farfetch, rescuing it from the brink of bankruptcy, was still fresh in the minds of many. However, the acquisition plan seems to have hit a snag.

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Chanel Announces New Circularity Platform “NEVOLD”

On June 9, French luxury maison Chanel announced the launch of “NEVOLD,” a new independent organization dedicated to promoting circularity within the fashion and luxury sectors.

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