Last price update: 15 Dec 23 23:00 GMT
Farfetch Limited, together with its subsidiaries, provides an online marketplace for luxury fashion goods in the United States, the United Kingdom, and internationally. It operates through three segments: Digital Platform, Brand Platform, and In-Store. The company operates Farfetch.com, an online marketplace, as well as Farfetch app for retailers and brands. It also offers web design, build, development, and retail distribution solutions for retailers and brands. As of December 31, 2021, operates two Browns retail stores; two Stadium Goods retail stores; and twelve New Guards Off-White stores, as well as three Ambush stores, two Palm Angels stores, and three Off-White outlets. In addition, it operates approximately sixty New Guards franchised retail stores and four seasonal stores under various brands. Farfetch Limited was founded in 2007 and is headquartered in London, the United Kingdom.
We believe Farfetch's focus on the faster-growing luxury market segment could benefit it with a market forecast CAGR of 13.2% compared to the overall apparel market of 5.2%. Amid market headwinds, we expect its customer growth to slow to 7.8% YoY in 2022 but recover beyond that at a 5-year forward average of 10%.
London ( business wire) # dabc farfetch limited ( nyse ftch), the leading global platform for the luxury fashion industry, and outlier ventures, the leading global web3 accelerator and investor, today announced the first cohort of start ups for the dream assembly base camp accelerator program.
London ( business wire) farfetch limited ( nyse ftch), the leading global platform for the luxury fashion industry, today reported financial results for the second quarter ended june 30, 2022. josé neves, farfetch founder, chairman and ceo, said " at farfetch our mission is to be the global platform for luxury. this week we celebrated a major step towards that mission, with a transformational deal advancing our luxury new retail ( lnr) partnership with richemont. " since the acquisition of brown
London ( business wire) farfetch limited ( nyse ftch), the leading global platform for the luxury fashion industry, announced today that it published its 2021 environmental, social and governance (‘ esg') report. the report highlights farfetch' s esg initiatives and the company' s progress towards its 2030 sustainability goals. the report can be accessed on the “ esg” tab of the company' s investor relations website at HTTP farfetchinvestors. com where interested parties can also find a list of ad
Dallas , may 31, 2022 prnewswire neiman marcus group ( nmg), the largest integrated luxury retailer in the u. s. and the parent of brands including neiman marcus and bergdorf goodman, announced the closing of the 200 million common equity minority investment by farfetch limited ( nyse ftch), the leading global platform for the luxury fashion industry, in nmg, and the signing of the commercial agreements with farfetch platform solutions ( fps). nmg will use the proceeds to further accelerate growth and innovation through investments in technology and digital capabilities to make life extraordinary for its customers.
New york ( business wire) attorney advertising bronstein, gewirtz & grossman, LLC is investigating potential claims on behalf of purchasers of farfetch ltd. (“ farfetch” or the “ company”) ( nyse ftch). investors who purchased farfetch shares between march 22, 2021 and march 29, 2021 are encouraged to obtain additional information and assist the investigation by visiting the firm' s site www. bgandg. com ftch. the investigation concerns whether farfetch and certain of its officers and or dire
