OverviewSuggest Edit

Farfetch is a company providing a platform for the luxury fashion industry. It operates 6 brands: The Farfetch Marketplace, Farfetch Platform Solutions (FPS), Farfetch Store of the Future, Browns, Stadium Goods, and New Guards. The Farfetch Marketplace offers clothing, shoes, bags, accessories, jewelry, and beauty products serving women, men, and kids. FPS is a white-label enterprise offering that builds and operates e-commerce and technology solutions based on Farfetch platform. Farfetch Store of the Future is a division that develops and implements technology solutions for delivering the digital and physical experiences to the customer at points of sales. Browns operates as a fashion and luxury goods retailer. Stadium Goods is a sneaker and streetwear marketplace. New Guards designs, manufactures, and distributes luxury fashion brands.

TypePublic
Founded2007
HQLondon, GB
Websitefarfetch.com
Employee Ratings3.6
Culture scoreD

Latest Updates

Employees (est.) (Dec 2019)4,532(+41%)
Job Openings212
Revenue (FY, 2019)$1 B(+70%)
Share Price (May 2020)$13.9 (+2%)

Key People/Management at Farfetch

Jose Neves

Jose Neves

Founder, Co-Chairman & CEO
Elliot Jordan

Elliot Jordan

Chief Financial Officer
Giorgio Belloli

Giorgio Belloli

Chief Commercial & Sustainability Officer
Martin Avetisyan

Martin Avetisyan

Chief Growth Officer
Cipriano Sousa

Cipriano Sousa

Chief Technology Officer
Sandrine Deveaux

Sandrine Deveaux

Executive VP, Farfetch Store of the Future
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Farfetch Office Locations

Farfetch has offices in London, Los Angeles, New York, São Paulo and in 6 other locations
London, GB (HQ)
207, 211 Old St, Old Street
São Paulo, BR
Rua Bela Cintra, 1149 - 4º Andar, Consolação
Shanghai, CN
135 Yan Ping Road
Hong Kong, HK
Genesis Building 33-35 Wong Chuk Hang Road, Unit A-D, 8/F
Tokyo, JP
402 Barbizon 104, 5-4-27
Lisboa, PT
Rua do Instituto Industrial 7 3rd Floor
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Farfetch Financials and Metrics

Farfetch Revenue

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Farfetch's revenue was reported to be $1.02 b in FY, 2019 which is a 69.5% increase from the previous period.
USD

Revenue (FY, 2019)

1.0b

Revenue growth (FY, 2018 - FY, 2019), %

69.5%

Gross profit (FY, 2019)

459.8m

Gross profit margin (FY, 2019), %

45%

Net income (FY, 2019)

(373.7m)

EBIT (FY, 2019)

(387.7m)

Market capitalization (22-May-2020)

4.1b

Closing stock price (22-May-2020)

13.9

Cash (31-Dec-2019)

322.4m

EV

3.9b
Farfetch's current market capitalization is $4.1 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

242.1m386.0m602.4m1.0b

Revenue growth, %

74%59%56%69%

Cost of goods sold

125.2m181.2m303.9m561.2m

Gross profit

116.9m204.8m298.5m459.8m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

79.4m93.1m86.9m122.7m144.8m132.2m174.1m209.3m255.5m

Cost of goods sold

36.6m41.7m41.2m61.5m69.1m64.8m90.8m124.0m140.3m

Gross profit

42.9m51.5m45.7m61.2m75.7m67.4m83.3m85.3m115.1m

Gross profit Margin, %

54%55%53%50%52%51%48%41%45%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

150.0m384.0m1.0b322.4m

Accounts Receivable

17.3m18.2m93.7m194.8m

Inventories

13.6m50.6m61.0m128.1m

Current Assets

180.9m452.8m1.2b645.3m
Quarterly
USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

337.0m1.0b794.7m678.9m318.4m

Accounts Receivable

79.9m111.7m12.1m121.0m17.2m

Inventories

55.6m68.3m76.8m76.3m105.1m

Current Assets

472.5m1.2b981.0m876.2m577.0m
Annual
GBPFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(81.5m)(112.3m)(155.6m)

Depreciation and Amortization

6.9m11.0m23.5m113.6m

Inventories

(6.3m)(35.2m)(10.3m)(29.7m)

Accounts Payable

19.5m47.4m57.4m113.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Depreciation and Amortization

4.9m10.3m15.5m14.1m28.4m63.5m

Inventories

(6.8m)(5.0m)(17.7m)(15.3m)(14.7m)(6.7m)

Accounts Payable

(19.8m)6.6m34.7m(734.0k)27.2m5.8m

Cash From Operating Activities

(82.7m)(106.0m)(153.5m)(75.7m)(103.4m)(139.0m)
USDY, 2019

EV/EBIT

-10.1 x

EV/CFO

-30.9 x

Revenue/Employee

225.3k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.7 x
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Farfetch Operating Metrics

FY, 2014FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Active Users

651.67 k728.20 k796.30 k854.70 k935.77 k1.02 m1.12 m1.22 m1.35 m1.70 m1.77 m1.89 m2.07 m

Gross Merchandise Volume

£178.20 m£302.08 m£548 m$176.70 m$217.81 m$204.60 m$909.83 m$292.69 m$338.54 m$309.97 m$1.41 b$419.27 m$488.48 m$492.01 m$2.14 b

Gross Merchandise Volume (Digital Platform)

$573.17 m$894.39 m$1.39 b$1.95 b

Gross Merchandise Volume (Brand Platform)

$164.21 m
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Farfetch Acquisitions / Subsidiaries

Company NameDateDeal Size
New Guards GroupAugust 08, 2019$675 m
Stadium GoodsDecember 12, 2018$250 m
CuriosityChinaJuly 20, 2018
Fashion Concierge UK LimitedOctober 31, 2017
Style.comJune 13, 2017
BrownsMay 13, 2015
Alanui S.r.l.
APA S.r.l.
Beijing Qizhi Ruisi Information Consulting Co.
Browns (South Molton Street) Limited
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Farfetch Revenue Breakdown

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Farfetch revenue breakdown by business segment: 16.1% from Brand Platform, 81.2% from Digital Platform and 2.7% from Other

Farfetch revenue breakdown by geographic segment: 35.8% from Asia Pacific, 37.0% from Europe, Middle East and Africa and 27.2% from Americas

Human Capital Metrics

Source: www.sec.gov
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Farfetch Online and Social Media Presence

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Farfetch Company Culture

  • Overall Culture

    D

    55/100

  • CEO Rating

    A

    78/100

  • Compensation

    C

    63/100

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Farfetch News and Updates

Farfetch stock gains after online retailer posts narrower Q4 loss

Shares of Farfetch Ltd. rose more than 5% in the extended session Thursday after the online luxury retailer reported a narrower-than-expected adjusted fourth-quarter loss and sales topped views. Farfetch lost $110 million, or 34 cents a share, in the quarter, compared with a loss of $9.9 million, o…

Luxury fashion platform Farfetch gets $250 million investment from Tencent and Dragoneer

Farfetch Ltd. said Thursday it has received a $250 million investment from Chinese internet giant Tencent Holdings Ltd. and San Francisco-based investor Dragoneer to help it expand and grow. Tencent and Dragoneer are each investing $125 million in convertible senior notes issued by the luxury fash…

Farfetch shares soar as Gucci, Fendi and other luxury brands target customers online

Farfetch reported narrower-than-expected losses and boasts a roster of luxury brands who are heading online.

Stocks making the biggest moves after hours: Farfetch, NVIDIA, Applied Materials & more

See which stocks are posting big moves after the bell.

Farfetch stock jumps 15% after narrower quarterly loss

Shares of Farfetch Ltd. jumped 15% in the extended session Thursday after the luxury online retailer reported a narrower third-quarter loss and said it expects a "strong" fourth quarter. Farfetch reported a loss of $85.5 million, or 28 cents a share, in the quarter, compared with a loss of $77.2 mi…

FARFETCH SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Farfetch Limited To Contact The Firm

NEW YORK, NY - (NewMediaWire) - October 04, 2019 -  -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Farfetch Limited (“Farfetch” or the “Company”) (NYSE: FTCH) of the November 18, 2019 deadline to seek the role of lead plaintiff in a federal securities …
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Farfetch Frequently Asked Questions

  • When was Farfetch founded?

    Farfetch was founded in 2007.

  • Who are Farfetch key executives?

    Farfetch's key executives are Jose Neves, Elliot Jordan and Giorgio Belloli.

  • How many employees does Farfetch have?

    Farfetch has 4,532 employees.

  • What is Farfetch revenue?

    Latest Farfetch annual revenue is $1 b.

  • What is Farfetch revenue per employee?

    Latest Farfetch revenue per employee is $225.3 k.

  • Who are Farfetch competitors?

    Competitors of Farfetch include Jack Wills, AllSaints and ASOS.

  • Where is Farfetch headquarters?

    Farfetch headquarters is located at 207, 211 Old St, Old Street, London.

  • Where are Farfetch offices?

    Farfetch has offices in London, Los Angeles, New York, São Paulo and in 6 other locations.

  • How many offices does Farfetch have?

    Farfetch has 10 offices.