Farfetch

Richemont Has No Plan to Invest in Luxury Brand Farfetch
Richemont Has No Plan to Invest in Luxury Brand Farfetch
November 29, 2023  |  Retail

Cartier owner Richemont reportedly has no intention of investing in luxury retailer Farfetch. The company made that announcement Wednesday (Nov. 29) following the news that Farfetch could be...

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Report: Farfetch Founder José Neves Aims to Take Company Private 
Report: Farfetch Founder José Neves Aims to Take Company Private 
November 28, 2023  |  Economy

The founder of online luxury fashion retailer Farfetch, José Neves, reportedly aims to take the company private.  Neves, who has a 15% stake and 77% of the...

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Luxury Shoppers Are Slow to Convert but Demand Digital Innovation
Luxury Shoppers Are Slow to Convert but Demand Digital Innovation
September 05, 2023  |  Retail

Luxury retailers have established a reputation for their exclusive and upscale offerings, catering to a limited clientele characterized by discerning preferences and substantial financial resources....

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Why Farfetch and TheRealReal No Longer Find Beauty Products Pretty
Why Farfetch and TheRealReal No Longer Find Beauty Products Pretty
August 15, 2023  |  eCommerce

Over the past few years, the beauty category has witnessed unprecedented growth, leading to a surge in new brands, innovative products, and cutting-edge marketing strategies....

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Luxury Retailers Try On AI to Reduce Returns
Luxury Retailers Try On AI to Reduce Returns
June 16, 2023  |  Retail

Following bullish remarks on artificial intelligence (AI) by Farfetch CEO José Neves during the luxury retailer’s first-quarter 2023 earnings report, Maison Valentino is set to...

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Investors Bullish on Farfetch After Strong Results Announced in May
Investors Bullish on Farfetch After Strong Results Announced in May
June 09, 2023  |  Retail

Shares of luxury eCommerce retailer Farfetch have been on the rise. The British luxury goods merchant’s shares rose as much as 15% Friday amid elevated trading volume,...

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AI Fuels Farfetch’s Return to Growth
AI Fuels Farfetch’s Return to Growth
May 23, 2023  |  Retail

After experiencing two consecutive quarters of sales decline, Farfetch has experienced a remarkable turnaround, as indicated by its first-quarter 2023 earnings report. The online luxury retailer...

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EMEA Daily: Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
EMEA Daily: Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
October 06, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, The Clearing House (TCH), EBA CLEARING, and SWIFT are on track to begin piloting their...

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Farfetch Adds 6 Cryptos to Payment Options in 37 Countries
Farfetch Adds 6 Cryptos to Payment Options in 37 Countries
October 06, 2022  |  Cryptocurrency

Six cryptocurrencies are now being accepted as payment options for customers in 37 countries using the luxury fashion industry platform Farfetch. Bitcoin, Ethereum, USD Coin...

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