Shares of the luxury e-commerce company were recovering today, but the situation still remains murky.
Farfetch's future is providing investors with little visibility, and the company is looking increasingly complicated.
ZURICH (Reuters) -Richemont, owner of jeweller Cartier, said on Wednesday it would not inject any cash into online luxury retailer Farfetch, following a report that the latter was exploring going private. Farfetch founder Jose Neves is considering the move after a troubled New York Stock Exchange listing for the loss-making British company, and is working with advisers at JP Morgan, the Telegraph newspaper reported on Tuesday. The company, in which Neves has a stake of 15%, declined to comment to Reuters on Wednesday.