Farfetch

Farfetch announces it will start accepting cryptocurrency at checkout

June 10, 2022

Farfetch is to start accepting cryptocurrency as a form of payment for consumers when checking out later this year. Acceptance will initially start with the retailer’s Private Clients and then…

Ecommerce stocks tumble as online consumer spend drops off

Ecommerce News

ecommerce Farfetch Poshmark Shopify The RealReal ThredUp Wayfair Wells Fargo

May 6, 2022

George Iddenden

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Ecommerce stocks are falling in value as shoppers head back to bricks-and-mortar stores and the high street as inflation rises. Thursday saw a broad market sell-off for ecommerce-focused retailers, stoking…

FarFetch hails growth due to ‘strong momentum’

Companies News

Farfetch fashion Luxury fashion marketplace Online fashion marketplace

February 25, 2022

Isabel Cameron

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Global online fashion brand Farfetch has seen strong growth over the past year after reporting record sales figures and a 30% rise in share value. The luxury ecommerce retailer saw…

Checkout.com reveals that “two out of three people never hit pay”

Fintech News Payment

checkout Checkout.com Farfetch Frasers Group House of Fraser Klarna Moshe Winegarten payment Sports Direct

February 11, 2022

Jacqui Parr

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Checkout.com has revealed that – while “two out of three people never hit ‘pay’ when they’re buying goods online” – the global payment platform will be doubling its team in…

A Farfetch banner hangs over a New York building

Farfetch acquires resale platform Luxclusif

Ecommerce Industry

ecommerce Farfetch fashion Luxclusif Preowned resale

December 9, 2021

Isabel Cameron

No Comments

Farfetch has bought resale platform Luxclusif, a move which will enable the luxury retailer to “significantly accelerate” its resale capacities. Luxclusif’s technology platform is included in the acquisition and the…

Farfetch posted profit after tax of $769m (£572.3m), bucking a trend that has seen a number of ecommerce sites see revenues fall.

Farfetch posts profit despite ecommerce rub-off

November 22, 2021

Farfetch posted profit after tax of $769m (£572.3m), bucking a trend that has seen a number of ecommerce sites see revenues fall. The company’s profit comes after a loss of…

Matchesfashion has revealed heavy loses for the year ending January 31 2021, reporting a loss of £36.6 million.

Matchesfashion lost £36 million over the pandemic

Companies News

Farfetch Matchesfashion MyTheresea

November 2, 2021

George Iddenden

No Comments

Matchesfashion has revealed heavy loses for the year ending January 31 2021, reporting a loss of £36.6 million. The company has cited the impacts of the pandemic and the “additional…

Richemont considers sale of Yoox Net-a-Porter

Ecommerce

ecommerce Farfetch Net-A-Porter Retail Richemont

October 20, 2021

Isabel Cameron

No Comments

Richemont is considering divesting from its Yoox Net-a-Porter (YNAP) brand. The Swiss-based luxury company, which bought control of YNAP in 2018, has made it a priority to remove YNAP from…

Farfetch launches pre-order service for leading brands like Off-White and Balenciaga

Ecommerce Supply Chain Sustainability

Balenciaga Farfetch Off-White Pre-order

August 25, 2021

Ben Stevens

No Comments

Farfetch has teamed up with 10 leading fashion brands to launch a pre-order service, allowing fans to get their hands on the latest released before they are even launched. Off-White,…

The UK has been ranked third in the world behind the US and China for its number of of tech businesses worth more than $10 billion (decacorn), according to Tech Nation.

Ocado and Farfetch hit “decacorn” status helping make UK a world leader in tech

Industry News

Arrival Checkout.com eToro Farfetch Ocado Revolut

July 21, 2021

George Iddenden

No Comments

The UK has been ranked third in the world behind the US and China for its number of of tech businesses worth more than $10 billion (decacorns), according to Tech…

Farfetch

Farfetch announces it will start accepting cryptocurrency at checkout

Ecommerce stocks tumble as online consumer spend drops off

FarFetch hails growth due to ‘strong momentum’

Checkout.com reveals that “two out of three people never hit pay”

Farfetch acquires resale platform Luxclusif

Farfetch posts profit despite ecommerce rub-off

Matchesfashion lost £36 million over the pandemic

Richemont considers sale of Yoox Net-a-Porter

Farfetch launches pre-order service for leading brands like Off-White and Balenciaga

Ocado and Farfetch hit “decacorn” status helping make UK a world leader in tech

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