José Neves

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José Neves
BornJune 1974 (age 46)
NationalityPortuguese
EducationUniversity of Porto
OccupationBusinessman
Known forFounder of Farfetch
Net worthUS$1.4 billion (September 2018)[1]
Spouse(s)Married
Children4

José Manuel Ferreira Neves (born June 1974) is a Portuguese billionaire and the founder of Farfetch, a global luxury fashion online platform.

Early life[edit]

José Neves was born in June 1974. He grew up in Porto, Portugal, where his grandfather owned a shoe factory.[2] He studied economics at the University of Porto.[2]

Career[edit]

Neves founded a software firm called Platforme for small fashion brands in 1996.[3] His grandfather owned a shoe factory. In 1996, at the age of 22, he launched a footwear brand named Swear, and opened a store in London. The brand sold to other shops.[4] He started a retail fashion store named b Store on Savile Row in London in 2001.[5]

In 2008, Neves founded Farfetch.[5] In June 2017, Farfetch sold a minority stake to JD.com, for US$397 million, prior to launching in China.[5]

In September 2018, following the IPO of Farfetch on the New York Stock Exchange, Neves' stake in the company was valued at US$1.4 billion.[1]

Personal life[edit]

Neves is married, and his wife and four children live in Guimarães, Portugal.[6] Neves has an apartment in Clerkenwell, London, and travels widely for work.[6]

References[edit]

  1. ^ a b Lucinda Shen (21 September 2018). "Shares in Luxury Marketplace Farfetch Soar 50% After IPO, Minting a New Billionaire". fortune.com. Retrieved 27 September 2018.
  2. ^ a b Joshua Levine (3 September 2016). "José Neves: how the founder of Farfetch is politely reinventing the boutique for the digital age". Telegraph.co.uk. Retrieved 24 June 2017.
  3. ^ Burton, Charlie (12 July 2017). "Farfetch founder José Neves tells WIRED how he built the $1.5 billion fashion platform". Wired. Retrieved 21 August 2018.
  4. ^ Armstrong, Ashley (28 August 2017). "Farfetch boss José Neves: 'The magic of bricks-and-mortar shops will never die'". The Telegraph. ISSN 0307-1235. Retrieved 21 August 2018.
  5. ^ a b c Sarah Butler (1 January 1970). "Handbags at dawn with Farfetch, the latest thing in upmarket online fashion | Fashion". The Guardian. Retrieved 24 June 2017.
  6. ^ a b "The Drapers Interview: José Neves, Farfetch". The Drapers Interview. Retrieved 31 July 2017.