Farfetch's José Neves Looks Beyond Stock Drop to Structural Gains - NewsBreak

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By Hernandez in Business
Updated 2 years ago

Click here to read the full article. José Neves might be busy burnishing his reputation as fashion dealmaker extraordinaire with talks underway to tighten ties between his Farfetch and Johann Rupert's Compagnie Financière Richemont — but Wall Street is still keeping the profit pressure on.  Shares of Farfetch dropped 23.2 percent to $35 in after-hours trading on Thursday after the luxury platform posted strong third-quarter growth that was nonetheless short of the significant growth envisioned in August. More from WWD31 Quirky Home Decor Items to Elevate WFHFarfetch, Natalie Massenet and José Neves Host Met Ball Weekend DinnerYoox Net-a-porter Valuation Farfetch's adjusted earnings before...

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