A group of investors are rallying to block the rescue sale of struggling fashion group Farfetch by South Korean retail group Coupang, following “serious concerns” about the transaction.
The 2027 Ad Hoc Group, which holds over 50% of Farfetch’s convertible notes, said that better value for the assets of Fartetch could be achieved through alternative routes, including a break-up sale of the assets to interested bidders.
