Cartier owner Richemont won’t inject cash into Farfetch

ZURICH, Nov 29 (Reuters) – Richemont (CFR.S), owner of jeweller Cartier, said on Wednesday it would not inject any cash into online luxury retailer Farfetch (FTCH.N), 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. Read more at Reuters