Stories on fashion and luxury you won't read elsewhere

Farfetch: a potential target?

By Astrid Wendlandt
12/03/23
Farfetch
Farfetch’s share price has fallen so low in recent months, some investors are betting that the world’s No.1 online fashion marketplace could be snapped up by a hungry investor. That could be a private equity firm, a big online player or a luxury group with deep pockets such as LVMH. Farfetch’s share price reached a high of $73 in Feb. 2021 and then fell off a cliff. Last year, it lingered at around $10-$15 before plunging further after the company’s capital markets day on Dec. 1. On Friday, the shares closed at $4.42. Today, Farfetch is worth less than $1.8 billion, which is way below the $6.2 billion valuation it reached after floating in New York in 2018 at $20 a share. The London-based company has been penalized by a sell-off in technology stocks but also by investors’ loss of faith in its ability to generate significant profits in the future.

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A Year in the News 2022-2023 is a compilation of Miss Tweed's stories published during its third year. Like the second yearbook, it is a limited edition. Hence, it is a collector's item. It's designed to celebrate the work of illustrator Claire Laude. Each illustration runs next to the first two paragraphs of the story. It does not contain the entire story.

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A Year in the News 2021-2022 is a compilation of Miss Tweed's stories published online during its second year. Like the first yearbook, it is a limited edition. Hence, it is a collector's item. It is designed to celebrate the work of illustrator Claire Laude. Each illustration runs next to the first two paragraph of the story. It does not contain the entire story.

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How Luxury Conquered the World

Author and journalist Astrid Wendlandt conducted a four-year investigation into the secretive world of fashion and luxury involving hundreds of interviews with top executives and designers.

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Le Luxe à la conquête du monde

Comment l’industrie du luxe et de la mode, quasi-inexistante il y a quarante ans, est devenue une puissance mondiale ? Dans cette anthropologie du glamour, la journaliste Astrid Wendlandt épingle ses super-héros et analyse ses contradictions.

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