Farfetch Announces Filing for Initial Public Offering

Farfetch Limited, a London, UK-based technology platform for the global luxury fashion industry, has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A ordinary shares.

The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Farfetch has applied to list its Class A ordinary shares on the New York Stock Exchange under the ticker symbol “FTCH.”

For the offering,

  • Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Allen & Company LLC and UBS Securities LLC are acting as joint lead book-running managers,
  • Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC are acting as joint bookrunners, and
  • Cowen and Company, LLC and BNP Paribas Securities Corp are acting as co-managers.

Led by José Neves, Founder, Co-Chairman and CEO, and backed by Chinese e-commerce company JD.com, IDG Capital Partners, Temasek, Eurazeo, DST Global, Index Ventures, Vitruvian Partners and Condé Nast International, Farfetch is a global platform for luxury which partners with over 700 luxury boutiques and brands, located globally.
The group consists of:
– Farfetch.com, the e-commerce marketplace for luxury;
– Farfetch Black & White; a white label e-commerce solution for luxury retailers and Store of The Future;
– a suite of retail solutions to enhance the customer journey by connecting the online and offline worlds.

FinSMEs

20/08/2018

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