A report has suggested that ex-Farfetch executive, Andrew Robb, is among a list of candidates that are possibly being considered to become Asos’s new CEO, to succeed Nick Beighton. The decision for the 2.3 billion pound digital retailer will be a big one, as it saw its shares halve over the last year following uneasiness from its investors due...
10 hours ago
Streetwear label Kirin has released a capsule collection exclusive to Farfetch, in the form of genderless, inclusive garments inspired by founder, Peggy Gou’s Korean heritage. In fact, the influence of Gou’s culture and personal experiences are the foundation of the collection, with a particular focus on the role of women in global history as...
Dec 23, 2021
Luxury fashion platform Farfetch has announced it has acquired resale site Luxclusif for an undisclosed amount, further extending its footprint in the resale sector. The acquisition will see both Luxclusif’s technology platform and team join the Farfetch group. The B2B service enables the authentication and sale of second-hand luxury goods to...
Dec 9, 2021
E-fulfilment and returns management provider Clipper Logistics has entered into a joint venture with luxury fashion e-tailer, Farfetch Limited, to build on the creation of a global e-commerce fulfilment solution for luxury brands. The partnership will allow Farfetch and its companies to utilise unique logistics offerings for its group’s...
Nov 25, 2021
Farfetch, the online platform for luxury boutiques, saw shares tumble 22 percent after the group failed to meet its revenue forecast. The e-tailer saw shares fall in early Friday trading as the forecast for 591 million dollars fell short to the actual of 583 million dollars for the three months ending 20 September. “We did the best we could to...
Nov 19, 2021
Farfetch Limited’s GMV increased by 219.5 million dollars to 1,017.3 million dollars in third quarter, representing growth of 27.5 percent. Digital platform GMV increased by 154.4 million dollars to 828.5 million dollars, up 22.9 percent. Revenue for the quarter increased by 144.9 million dollars to 582.6 million dollars, representing growth of...
An announcement by animal rights organisation People for the Ethical Treatment of Animals (PETA) has declared that British multibrand e-tailer, Farfetch is to stop selling angora wool by April 2022. The move follows growing pressure from the organisation, including the disruption of shareholder meetings, an appeal from over 100,000 supporters...
Nov 16, 2021
Swiss luxury group Richemont has reported surging sales in the first half of the year, ahead of pre-Covid 2019 levels. In the six months to September 30, sales at the group came in at 8.91 billion euros, up 63 percent at actual exchange rates compared to a year earlier, and up 20 percent compared to two years ago, prior to the outbreak of the...
Nov 12, 2021
Luxury fashion and lifestyle conglomerate Richemont has announced that “further progress” has been made in the development of an enhanced partnership with the online retail platform, Farfetch. Richemont, whose portfolio consists of the likes of Chloé, Net-a-Porter and Cartier, stated in the announcement that the advancement puts the two...
Luxury fashion retailer Farfetch has launched the third iteration of its year-long partnership with the multimedia brand, Nataal, in a new collaboration with American fashion designer Thom Browne. This collection of imagery looks to celebrate togetherness “through a diverse global lens”, working with three photographers, with each one...
Nov 11, 2021
Balmain is launching a limited-edition clothing and accessories collection in collaboration with Netflix to coincide with the global release of the Western ‘The Harder They Fall’ starring Idris Elba. Billed as Netflix’s first luxury fashion collaboration, the Balmain x The Harder They Fall collection has been designed to meld the film’s bold...
Nov 2, 2021
Farfetch on Wednesday unveiled its first private label, a brand called There Was One. The womenswear line consists of 69 styles which are now available on its e-commerce platform. The collection was developed with New Guards Group, the Milan-based contemporary luxury production and distribution holding company group that operates Off-White,...
Oct 20, 2021
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