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Kildare Nationalist — WIN TICKETS TO THE LAWLOR S OF NAAS GRADE 1 NOVICE HURDLE AND WINTER LADIES DAY AT NAAS RACECOURSE

WE give five lucky readers of this week’s Kildare Nationalist, in your shops now or online at www.kildare-nationalist.ie, an opportunity to each win a pair of…

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Coupang Injects $500 Million to Revive Struggling Farfetch

Coupang, South Korea's major e-commerce player often dubbed as the country's answer to Amazon, has come to the rescue of beleaguered luxury e-commerce platform Farfetch. In a move that breathes new life into Farfetch, Coupang is set to acquire the struggling platform, injecting a $500 million lifeline. London-based Farfetch, once hailed as a dominant force in luxury fashion, faced financial turmoil with mounting costs, high-risk investments, and a slowdown in the global luxury market. Despite reaching a peak valuation of over $23 billion in 2021, the company's share price plummeted, leading to a desperate search for fresh investment by its founder and CEO, José Neves.

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farfetch: Farfetch to be acquired by Coupang for $500 million

Farfetch, which is based in London, was once feted as the most dominant force in luxury fashion. It went public on the New York Stock Exchange in 2018, and as consumers and luxury brands flocked to the site, its value shot up, reaching more than $23 billion at its peak in 2021.

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Farfetch to Be Acquired by Coupang for $500 Million

Farfetch to Be Acquired by Coupang for $500 Million
nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.

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Flannels closing down at Bolton Market Place Centre

Signs have gone up in a Bolton shopping centre announcing the closure of a store that opened just four months ago

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