Farfetch scrabbles for fresh investment as it teeters on brink of insolvency
Luxury ecommerce platform Farfetch is desperately seeking a fresh cash injection as it strives to avert a collapse into insolvency.
The luxury etailer is facing mounting debt and other financial obligations and is exploring a number of options to stay afloat beyond the year, including the potential sale of its brand incubator New Guards Group, according to Business of Fashion.
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