Is Farfetch the latest casualty of consumer pullback? ...Middle East

What happened: Luxury e-commerce firm Farfetch is said to be contemplating delisting from the New York Stock Exchange and going private, amid rumors of financial difficulty and a “troubled” IPO. José Neves, CEO and founder of London-headquartered Farfetch, is said to be in discussions about taking his multi-brand e-tailer private with its shareholders, which include Chinese tech giant Alibaba and Swiss luxury conglomerate Richemont, according to reports.  Eyebrows were raised last month, when Farfetch delayed releasing its Q3 2023 financial results. “The company expects to provide a market update in due course. The company will not be providing any forecasts or guidance at this time, and any

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