Through one of his holdings, the business titan will buy an additional stake of up to 5 percent of the publicly listed company.
The consumer giant said it’s responding to consumer demand for vegan, vegetarian meals.
Farfetch has purchased 100 percent of the sneaker and streetwear platform from the cofounders and minority shareholder LVMH Luxury Ventures.
Tracy Bacigalupo is a partner in the corporate department of Morrison & Foerster, and Elnaz Zarrini is an associate in the corporate department in Morrison & Foerster’s New York office.
The acquisition follows the closures of two second-hand apparel sites in France while Vestiaire Collective gears up for a push abroad.