Farfetch

#3602

Rank

$2.44B

MarketCap GB

GB United Kingdom

Country

Summary
Farfetch Limited, together with its subsidiaries, provides an online marketplace for luxury fashion goods in the United States, the United Kingdom, and internationally. It operates through three segments: Digital Platform, Brand Platform, and In-Store. The company operates Farfetch.com, an online marketplace, as well as Farfetch app for retailers and brands. It also offers web design, build, development, and retail distribution solutions for retailers and brands. As of December 31, 2021, operates two Browns retail stores; two Stadium Goods retail stores; and twelve New Guards Off-White stores, as well as three Ambush stores, two Palm Angels stores, and three Off-White outlets. In addition, it operates approximately sixty New Guards franchised retail stores and four seasonal stores under various brands. Farfetch Limited was founded in 2007 and is headquartered in London, the United Kingdom.

History

Farfetch was founded in 2007 by José Neves.Farfetch announced its acquisition of London boutique retailer Browns in May 2015. This boutique is run independently from Farfetch by CEO Holli Rogers who joined the business in July 2015. Rogers was the former fashion director of online retailer Net-A-Porter.Farfetch developed the proprietary business units Farfetch Black & White and Store of the Future in 2015.In June 2017, it was announced that JD.com Inc. had bought a stake in Farfetch for $397 million; the Chinese e-commerce company’s largest overseas investment.In September 2018, the company went public.In October 2021, Farfetch launched its in-house fashion brand, There Was One. In April 2022, Farfetch announced the acquisition of Wannaby Inc.


Mission
At Farfetch, we believe in a world of diverse creativity, where the influence of individuality and the ideologies of a greater collective take the lead. From serving customers to exploring fresh projects with our partners across the world, we’re dedicated to advancing the landscape of luxury fashion.

Vision
Our vision is to be the definitive global destination for luxury. We will do this through offering the world’s finest selection of luxury goods, and by leveraging the latest in technology to make every aspect of our business more seamless, efficient, and inspirational.

Key Team

Mr. Luis Teixeira (Chief Operations Officer)

Mr. Edward Sabbagh (Chief Marketplace Officer & Member of the Exec. Board)

Ms. Sian Keane (Chief People Officer)

Mr. Cipriano Sousa (Chief Technology Officer)

Ms. Alice Ryder (VP of Investor Relations)

Mr. James L. Maynard (Chief Legal Officer & Gen. Counsel)

Ms. Susannah Clark (Exec. VP of Communications)


Recognition and Awards
Farfetch is proud to be the recipient of numerous awards recognizing our innovation, growth, technology, and contribution to the luxury fashion industry. Some of our recent awards include the National Retail Federation’s ‘Innovator of the Year’ and the ‘Campaign Big Award’ for our Social Commerce platforms.

References
Farfetch
Leadership team

Mr. José Ferreira Neves (Founder, Chairman & CEO)

Ms. Stephanie Phair (Group Pres)

Mr. Elliot Jordan (Chief Financial Officer)

Products/ Services
E-Commerce, Fashion, Internet, Retail
Number of Employees
1,000 - 20,000
Headquarters
London, England, United Kingdom
Established
2007
Company Registration
SEC CIK number: 0001740915
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
FTCH
Social Media
Sat Feb 24 2024
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