FARFETCH news and archive

Farfetch and Byronesque re-issue Vexed Generation

Farfetch has joined forces with Byronesque, the authority in contemporary-vintage fashion, to re-issue an 11-piece menswear collection from Vexed Generation, designed by Adam Thorpe and Joe Hunter. The label from the ‘90s became known for activism through fashion and was inspired by distrust of the state with Thorpe and Hunter designing garments...

Business |CEO INTERVIEW Featured

Miinto wants to become the Airbnb of fashion

Much is discussed about the competition between brick and mortar stores and ecommerce, and the need for retailers to be “omnichannel”. But, for Danish company Miinto, this is not a battle. Rather, one can build a bridge between the high street and the Internet. Miinto is an online marketplace offering apparel from 1,600 brick and mortar...

BusinessFeatured

Farfetch acquires streetwear marketplace Stadium Goods

Luxury platform Farfetch has reached an agreement to acquire sneaker and streetwear marketplace Stadium Goods, for 250 million US dollars. Farfetch is set to pay this amount in cash and Farfetch shares, with the exact amounts to be determined as the transaction is completed. “We are thrilled to welcome Stadium Goods to the Farfetch family....

Fashion

Farfetch partners with Syte to enhance app

Visual AI start-up Syte is partnering with Farfetch to power its new in-app visual search feature on iOS, as part of the luxury retail platform’s strategy to implement new technologies to enhance customer experience. The new ‘See it, Snap it, Shop it’ feature within the Farfetch app aims to help customers to interact and engage with day-to-day...

Retail

Farfetch adds visual search feature to enhance experience

Farfetch has launched a visual search feature called See It, Snap It, Shop It. With the in-app tool, shoppers can upload an image of a product they want, then the app analyzes it and offers either the specific product or a similar style through the Farfetch online retail site. With this new tool, Farfetch is aiming to enhance its discovery...

Fashion

Farfetch’s Jose Neves urges against luxury discounts

Chief executive officer and founder of Farfetch Jose Neves advised luxury brands to stop offering discounts at department stores. Neves shared this advice with a gathering of c-suite level executives at the New York Times International Luxury Conference, which took place in Hong Kong last week. Neves argued that the common approach of department...

Report

Farfetch posts robust revenue and GMV growth in Q3

Leading global platform for luxury fashion, Farfetch Limited said that Farfetch Marketplace continued to increase its share in the online personal luxury market, and all three geographic regions – Americas, EMEA and APAC – posted their best ever Q3 in terms of GMV. Gross merchandise value increased by 105.4 million dollars to 310 million dollars...

Business

PETA buys Farfetch shares to push company to stop selling fur

Animal rights organization PETA announced the purchase of Farfetch sales, after the British luxury marketplace became a publicly traded company on the New York Stock Exchange last Friday. The move will allow PETA to attend Farfetch’s annual meetings, during which the organization aims to push the company to stop selling fur. Farfetch currently...

ManagementFeatured

Countdown for Farfetch’s float on New York Exchange

The London-based luxury online fashion retailer will become a publicly traded company this Friday. Farfetch’s shares are scheduled to price Thursday and begin trading Friday on the New York Stock Exchange under the ticker symbol FTCH. Farfetch expects to raise over 446.5 million dollars with its IPO As revealed in an updated regulatory filing,...

BusinessFeatured

Farfetch names first start-ups for Dream Assembly

Luxury online retailer Farfetch has announced that 11 start-ups working with technologies including virtual reality and artificial intelligence will join its technology accelerator Dream Assembly. Launched in April to provide mentorship, knowledge, networking opportunities and early-stage funding to start-ups, the Dream Assembly will offer all...

Management |ANALYSIS Featured

All you need to know about Farfetch’s US IPO

The British online luxury fashion platform has filed a public initial offering of shares with the U.S. stock exchange. Farfetch is thus posed to head the list of September’s IPOs when it starts to trade on the New York Stock Exchange. Farfetch Limited has just confirmed its plans to go public in an F-1 form filed with the US Securities and...

Business

Farfetch files for IPO

Farfetch Limited has confirmed its plans to go public in an F-1 form filed with the US Securities and Exchange Commission (SEC). The company aims to list on the New York Stock Exchange under the ticker FTCH. Rumors about the e-tailer going public have been around for quite some time. Founded in 2007 in the UK, Farfetch is a luxury marketplace...