José Neves

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

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

Early life

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

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

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]

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References

  1. 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. 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. 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. "The Drapers Interview: José Neves, Farfetch". The Drapers Interview. Retrieved 31 July 2017.
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