We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Jul 17, 202411:25am

Farfetch spark sales 38% on first semester, duplicate losses

E-commerce British platform registered a 174 million pounds (224.1 million euros) billing in the first three months of exercise.

May 16, 2019 — 5:00pm

Sightseeing of Harrods


Farfetch starts 2019 at double-speed. Ecommerce British company has finished the first three months of exercise, with a red numbers worth 109.2 million pounds (140.6 million euros), duplicating the red numbers recorded on the same period of previous year, impeded by the cost of corporative operations.


Group’s sales, in contrast, have positioned upwards within the period. The group has registered a volume of business valued in 174 million pounds (224.1 million euros) between January and March, a 38.5% more than the equivalent period of last year. The gross operating result (ebitda) of Farfetch has registered red numbers worth 30.2 million pounds (38.8 million euros), a 27% more than in the first quarter of 2017.


In the time between January and March, active consumers soared until registering a growth of a 64.2%. In all, Farfetch counted with 1,699.3 million active consumers within the first quarter.


Jose Neves, founder and manager of the e-commerce company, has explained on the results’ presentation that is keeping his perspectives for the exercise’s end and that he is due to continue with 2020 strategy.


Within the period, Farfetch has entered in the second-hand sales market of sportive footwear, has completed the acquisition of Stadium Goods’ marketplace of sneakers and has strengthened itself in China with the operations’ merging with TopLife, Jd.com’s luxury platform in the Asian country.

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment