Farfetch

Generative AI in a New Retail Era: 3 Areas to Focus on for Immediate Impact

According to Cognizant’s recent study with Oxford Economics, generative AI is expected to have a $1 trillion impact on the economy by…

UPDATE: Farfetch CEO Out as Luxury Brands Including Kering, Neiman Marcus Flee the Platform in Wake of Sale to Coupang

[Update from 2/15/2024] Farfetch Founder and CEO Jose Neves is stepping down and further layoffs are imminent, according to an internal memo…

Update: Farfetch Sale to Coupang Goes Through Despite Investor Objections

[Update 2/5/24] Despite the objections of a significant group of Farfetch investors, South Korean ecommerce company Coupang completed its acquisition of Farfetch on…

Reebok Partners with Farfetch to Relaunch European Ecommerce

Farfetch and Reebok have commercially launched their European partnership, which follows a deal announced by Reebok parent company Authentic Brands Group in…

NRF 2023 Spotlights Profitability, Workforce Enhancements and Media Network Opportunities

The NRF Big Show, held in NYC Jan. 15-17, did more than bring together more than 35,000 attendees and 1,000 exhibitors. The…

Expanding the ‘Digital Closet’: Warner Music Group Invests in DressX

Warner Music Group (WMG) will partner with and invest in digital fashion retailer DressX, gaining a platform for select WMG artists to…

As Gen Z Gains Spending Power, Luxury Brands Go Big with Digital

Once reserved for an ultra-affluent clientele with disposable income to spend on shopping trips in the world’s most fashionable cities, the luxury…

Ferragamo Partners With Farfetch as Part of Millennial/Gen Z Strategy

Seeking to step up its appeal to younger shoppers, luxury Italian fashion house Salvatore Ferragamo has partnered with digital platform Farfetch. The…

FARFETCH Joins Gucci and Other Luxury Brands in Accepting Crypto Payments

Luxury platform FARFETCH will accept cryptocurrency payments for all purchases on the FARFETCH Marketplace, with plans to expand to FARFETCH Private Clients…

FARFETCH Deepens Ties With Neiman Marcus Through $200 Million Investment

FARFETCH and Neiman Marcus Group (NMG) have entered a global strategic partnership that includes FARFETCH making a minority common equity investment of…

Farfetch to Acquire Luxury Beauty Retailer Violet Grey

Seeking to build up its industry expertise and product assortment ahead of a category expansion into beauty slated for later this year,…

Luxury Resale Update: Rebag Snags $33M in Fresh Funding, Farfetch Acquires Luxclusif

Luxury resale platform Rebag has raised $33 million in Series E funding, bringing its total raised to $101 million. Additionally, luxury fashion…

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