FDRA

Farfetch Limited, a leading technology platform for the luxury fashion industry based in London, announced its definitive agreement to acquire Stadium Goods, the world’s premier sneaker and streetwear marketplace, for an enterprise value of $250 million....

“The footwear industry welcomes the news that the U.S. will not pursue any new tariffs on Chinese goods while the two countries seek a negotiated outcome to this protracted trade war,” said Matt Priest, president and CEO of the FDRA....

The business has signed a lease on a new 15,000 sq. ft. office in the Axtell Soho building. The space will house offices, showrooms and design spaces. The new space will also include three completely new floors, external terraces and a landscaped roof garden....