Merger alert: Farfetch is saved, Wolverine sells Leathers Asia

Merger alert: Farfetch si salva, Wolverine cede Leathers Asia

Farfetch is saved by Coupang, Corea’s Alibaba, which has saved the group from bankruptcy. Meanwhile Wolverine Worldwide continues to cut costs and transform its activities. That’s why it sold the Asian business of Wolverine Leathers to one of its suppliers, Interhides Public Company Limited, for 9 million USD. Two operations forced by the decreasing consumption…

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