{"id":162092,"date":"2019-08-26T08:10:36","date_gmt":"2019-08-26T08:10:36","guid":{"rendered":"https:\/\/theindustry.beauty\/falling-apart-at-the-seams-why-fashion-darling-farfetchs-value-plummeted-by-2bn\/"},"modified":"2021-08-12T14:04:00","modified_gmt":"2021-08-12T14:04:00","slug":"falling-apart-at-the-seams-why-fashion-darling-farfetchs-value-plummeted-by-2bn","status":"publish","type":"post","link":"https:\/\/theindustry.beauty\/falling-apart-at-the-seams-why-fashion-darling-farfetchs-value-plummeted-by-2bn\/","title":{"rendered":"Falling apart at the seams: Why fashion darling Farfetch's value plummeted by $2bn"},"content":{"rendered":"<p>Almost a year ago Farfetch\u2019s 20-strong top team posed happily outside the New York Stock Exchange on Wall Street. Later that Friday they shared photos and videos on social media, including its co-chairman and fashion guru Natalie Massenet, with the hashtag \u201cfashiongoespublic\u201d.<\/p>\n<p><!--more--><\/p>\n<p>The London tech\u00a0darling had raised $885m (\u00a3722m)\u00a0from investors at a staggering $6.2bn valuation.\u00a0 That\u2019s quite a feat for a company that has been loss-making since it was founded by Portuguese-born entrepreneur Jos\u00e9 Neves in 2008.<\/p>\n<p>Read the full article on <a href=\"https:\/\/www.telegraph.co.uk\/business\/2019\/08\/25\/falling-apart-seams-fashion-darling-farfetch-saw-value-plummet\/\"><em>The Telegraph<\/em><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2026 <a href=\"https:\/\/theindustry.beauty\/falling-apart-at-the-seams-why-fashion-darling-farfetchs-value-plummeted-by-2bn\/\">...<\/a><\/p>\n","protected":false},"author":52,"featured_media":135308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[9921,9922,9773,9901],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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