All Farfetch articles

  • footwear generic
    Article

    Stocks of footwear companies fell by 16.3% in 2020

    2021-01-18T09:27:00Z

    Well functioning financial markets are providers of information and signals. We are analyzing last year’s performance of footwear companies, but also of luxury goods and e-commerce companies with a strong footwear component, to see how markets perceived some of the key players of our industry.

  • Farfetch
    Article

    Farfetch benefits from shift to buying luxury goods online

    2020-11-16T16:26:00Z

    Luxury e-tailer Farfetch reported a sharp rise in third-quarter sales as it benefits from the growing trend of buying high-end products online. Revenues for the three months to Sept. 30 soared by 71 percent to $438 million, while gross merchandise value (GMV) increased 62 percent to $798 million. ...

  • Farfetch-Alibaba-Richemont Global Partnership 2
    Article

    Farfetch, Alibaba, Richemont, Pinault family form a formidable alliance in digital sales

    2020-11-08T08:00:00Z

    Farfetch , Alibaba , Richemont and the Pinault family, which owns the French luxury goods company Kering , have entered a global partnership with the declared intent of providing luxury brands with “enhanced access” to the Chinese market as well as accelerating the digitization of the global ...

  • Farfetch 2
    News briefs

    Eurazeo sells stake in Farfetch

    2020-11-04T17:06:00Z

    The French investment house Eurazeo has sold its minority stake in Farfetch , a London-based online marketplace for fashion and luxury goods brands and multi-brand boutiques present in 190 countries, for net proceeds of €90.4 million. After investing in Farfetch in 2016, Eurazeo said it helped Farfetch ...

  • Union Jack - James Giddins - Unsplash
    Article

    U.K. government under pressure over move to scrap tax-free shopping

    2020-10-20T15:56:00Z

    The British Finance Minister Rishi Sunak is under mounting pressure from major retailers to reverse his decision to abolish duty-free shopping next year which they claim will lead to significant job losses. Leading U.K. fashion and luxury brands, including Paul Smith , Ted Baker , The White Company ...

  • Farfetch
    Article

    Farfetch’s Q2 GMV surges and beats the company guidance

    2020-08-17T07:02:00Z

    The British fashion e-tailer Farfetch saw gross merchandise value (GMV) increase by 47.7 percent year-on-year in the second quarter to $721.3 million. GMV of its digital platform business rose by 34.4 percent to $651.0 million. Excluding the impact of changes in foreign exchange rates, the increase reached 39.2 percent. ...

  • News briefs

    Farfetch sees Q2 GMW up 25-30% to $605-630 million

    2020-06-29T12:08:00Z

    The British fashion e-tailer Farfetch expects gross merchandise value (GMV) on its digital platform to increase by 25-30 percent year-over-year in the second quarter and reach $605 million to $630 million. It noted that the acceleration in growth highlights the increase in adoption of “online luxury” by consumers, ...

  • News briefs

    Farfetch continues to grow strongly in Q1 and lose money

    2020-05-18T07:14:00Z

    The British online fashion retailer Farfetch saw gross sales value rise by 46 percent in the first quarter of 2020 to $610.87 million, while the net loss increased slightly to $79.18 million from $77.69 million a year earlier. Revenue increased by 90 percent to $331.44 million. The gross ...