Farfetch Limited (FTCH) Acquires LUXCLUSIF
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
FARFETCH Acquires Luxury Resale Platform LUXCLUSIF
December 9, 2021 4:30 AM ESTLONDON--(BUSINESS WIRE)-- FARFETCH Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, today announced that it has acquired resale platform LUXCLUSIF for an undisclosed sum. The acquisition includes LUXCLUSIFs technology platform, and the LUXCLUSIF team will join FARFETCH group. This will allow FARFETCH to significantly accelerate its resale capabilities through the development of key technology and service features such as automated pricing, and faster geographic and category expansion of its resale service, FARFETCH Second Life.
Founded in 2013, LUXCLUSIF is a B2B service provider with a successful turnkey solution... More