Farfetch news and trends

Coupang’s Loyalty Program Drives Engagement as Company Expands Services
eCommerce // November 06, 2024

For Coupang founder and CEO Bom Kim, a key customer engagement tool for the multinational eCommerce company is its WOW subscription membership program, which had 14 million members at the end of 2023. Get the Full Story Complete the form to unlock this article and enjoy...

Volt Launches Pay-by-Bank Partnership With Luxury Retailer Farfetch
Partnerships // September 18, 2024

Real-time payments platform Volt has launched a partnership with luxury retailer Farfetch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Coupang: Fulfillment Service Helps Merchants Double Sales in 90 Days
Earnings // May 07, 2024

South Korean eCommerce giant Coupang is seeing growing adoption of its latest products and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
eCommerce // February 27, 2024

Korean eCommerce giant Coupang announced fourth-quarter earnings on Tuesday (Feb. 27), reporting a year of accelerated growth, record profits and a strong cash balance of over $5.5 billion dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Interviews & Exclusives
Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?

December 19, 2023
After a roller coaster year of surprises, including a November decision to withhold its earnings results for the third quarter of 2023 and the cancellation of its planned conference call, Farfetch has been acquired by South Korean eCommerce giant Coupang. Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]

The Year That Led to Farfetch’s Earnings Call No-Show 

November 30, 2023
After a year filled with surprising developments, Farfetch appears to be continuing its trend of unexpected moves. The online luxury retailer revealed this week that it will not be disclosing...

Luxury Shoppers Are Slow to Convert but Demand Digital Innovation

September 05, 2023
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. Get the Full Story Complete...

Why Farfetch and TheRealReal No Longer Find Beauty Products Pretty

August 15, 2023
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. However, while the beauty category...

Quick Reads
Perfect Corp. to Expand Virtual Try-On Applications With Wannaby Acquisition

December 24, 2024
Perfect Corp. plans to acquire Wannaby to expand Perfect’s virtual try-on technology solutions into new luxury market segments like shoes, bags and apparel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]

Volt Launches Pay-by-Bank Partnership With Luxury Retailer Farfetch

September 18, 2024
Real-time payments platform Volt has launched a partnership with luxury retailer Farfetch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Coupang: Fulfillment Service Helps Merchants Double Sales in 90 Days

May 07, 2024
South Korean eCommerce giant Coupang is seeing growing adoption of its latest products and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Farfetch Acquired by Korean eCommerce Giant Coupang

December 19, 2023
Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...