Home » Fashion » Creditor applies to wind up U.K. luxury fashion e-commerce firm Farfetch in Cayman over ‘$404M Debt’ – OffshoreAlert

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Creditor applies to wind up U.K. luxury fashion e-commerce firm Farfetch in Cayman over ‘$404M Debt’ – OffshoreAlert

Creditor applies to wind up U.K. luxury fashion e-commerce firm Farfetch in Cayman over ‘$404M Debt’ - OffshoreAlert

Citing a debt of $404 million and the need for an “urgent investigation” into the conduct of its 49-year-old founder, chairman, and CEO, José Neves, U.S. financial services provider Wilmington Trust has filed a petition at the Grand Court of the Cayman Islands to wind up Cayman-domiciled, United Kingdom-based luxury fashion e-commerce firm Farfetch Limited.

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