Farfetch faces winding up petition days after $500m takeover

Farfetch is facing a winding up petition days after a $500 million rescue deal was finalised for the fashion marketplace, according to a report in The Telegraph. Shareholders have filed the petition in the Cayman Islands alleging that there has been “serious deficiencies” in the company’s governance and accusing founder José Neves of “unjustified value-destructive … Continue reading Farfetch faces winding up petition days after $500m takeover