Tag Archives: Farfetch

rodion-kutsaev-0VGG7cqTwCo-unsplash

Farfetch Gets Closer To Being The ‘Amazon of Luxury’ Through Its Richemont-YNAP Deal

Farfetch and investors have been through a whirlwind recently. First, Farfecth announced an agreement to acquire 47.5% of Richemont’s YOOX Net-A-Porter (YNAP) online fashion group along with replatforming most of Richemont’s Maisons, including Cartier, Van Cleef & Arpels and Piaget, under Farfetch Platform Solution (FPS). Then a day later, it reported second-quarter earnings. It’s going […]

Comments Off on Farfetch Gets Closer To Being The ‘Amazon of Luxury’ Through Its Richemont-YNAP Deal Continue Reading →
kristina-petrick-liJ5irOt8BM-unsplash luxury fashion

Farfetch Aims to Become the ‘Amazon’ of Luxury as it Invests in Neiman Marcus

Back in 2007, José Neves saw online e-commerce was the inevitable future of the luxury market. He set out to make the most of it and founded Farfetch as a global marketplace for brick-and-mortar fashion boutiques to expand in the nascent e-commerce channel. At the time, the powers that be in luxury were not convinced, […]

Comments Off on Farfetch Aims to Become the ‘Amazon’ of Luxury as it Invests in Neiman Marcus Continue Reading →
fashion trends photo-1536891259032-26d57921dc41

Covid Pandemic Was a Shot in the Arm for Online Luxury Fashion Brands, like Farfetch

When life as we know it came to a stop due to the pandemic, fashion retail, which was already challenged before the pandemic, became one of the hardest hit sectors. Many people didn’t have to report to work, so buying new clothes was put on hold, except for casual comfort wear suited to a stay-at-home […]

Comments Off on Covid Pandemic Was a Shot in the Arm for Online Luxury Fashion Brands, like Farfetch Continue Reading →
Badgley Mischka Runway app IMG_7148

Luxury’s Online Future Revealed in 5 Brands

Online is the next frontier for luxury brands. It’s where luxury brands can find their next path to growth, but for a variety of reasons they have been notoriously slow to follow it. As an industry steeped in heritage and tradition, change doesn’t come naturally to it, but in today’s dynamically changing consumer market, that […]