The former Portuguese unicorn Farfetch could dismiss up to 2,000 staff or 25% of its workforce as its fortunes tumble on the Lisbon stock market; its shares worth only US$0.5282 – a fall of [...]
The former Portuguese unicorn Farfetch, which specialises in selling both new and second-hand luxury goods on a dedicated platform, has been accused in the US of providing “misleading [...]
Farfetch, the former unicorn with Portuguese DNA, has seen 50% knocked off the value of its shares over the past two days because of investor fears over a shrinking margin and accumulated debts [...]