Farfetch
- Revenue$2.3 BFY, 2021
- Market Capitalization$4.5 B2022-04-28
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.
| Type | Public | |
| Founded | 2007 | |
| HQ | London, GB | Map |
| Website | farfetch.com | |
| Employee Ratings | ||
| Overall Culture | A- | More |
Recent NewsAll News
- Farfetch jumps into the beauty business
- Farfetch to invest up to $200m in luxury retailer Neiman Marcus Group
- : Farfetch stock soars as the luxury e-retailer moves away from markdowns, swings to full-year profit
- Thinking about buying stock in KAR Auction Services, Farfetch, Open Lending Corp, Pearson PLC, or Paramount Group?
Key People/Management at Farfetch
Jose Neves
Founder, Chairman & CEO
Elliot Jordan
Chief Financial Officer
Stephanie Phair
Chief Customer Officer
Martin Avetisyan
Chief Growth Officer
Giorgio Belloli
Chief Commercial & Sustainability Officer
Jeffery Fowler
President, Americas
Farfetch Office Locations
Farfetch has offices in London, Los Angeles, New York, São Paulo and in 10 other locations
London, GB (HQ)
207, 211 Old St
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
Braga, PT
Av. Dom João II 374 288, PT
Farfetch Financials and Metrics
Farfetch Revenue
Farfetch's revenue was reported to be $2.26 b in FY, 2021
| USD | |
|---|---|
Revenue (FY, 2021) | 2.3b |
Gross profit (FY, 2021) | 1.0b |
Net income (FY, 2021) | 1.5b |
EBITDA (FY, 2021) | (213.3m) |
EBIT (FY, 2021) | (476.3m) |
Market capitalization (28-Apr-2022) | 4.5b |
Closing stock price (28-Apr-2022) | 11.9 |
Cash (31-Dec-2021) | 1.4b |
EV | 4.7b |
Farfetch's current market capitalization is $4.5 b.
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 602.4m | 1.0b | 1.7b | 2.3b |
Cost of goods sold | (303.9m) | (561.2m) | (903.0m) | (1.2b) |
Gross profit | 298.5m | 481.6m | 770.9m | 1.0b |
R&D expense | (12.5m) | (66.0m) | (22.5m) | (13.6m) |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 174.1m | 209.3m | 255.5m | 331.4m | 364.7m | 437.7m | 485.1m | 523.3m | 582.6m |
Cost of goods sold | (90.8m) | (95.6m) | (100.2m) | (178.1m) | (102.1m) | (174.7m) | (264.2m) | (176.5m) | (265.5m) |
Gross profit | 83.3m | 113.7m | 155.2m | 174.8m | 241.2m | 263.0m | 250.3m | 317.4m | 317.0m |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 1.0b | 322.4m | 1.6b | 1.4b |
Accounts Receivable | 34.4m | 45.8m | 57.8m | |
Prepaid Expenses | 44.7m | 37.0m | 42.8m | 147.1m |
Inventories | 61.0m | 128.1m | 145.3m | 255.7m |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 794.7m | 678.9m | 318.4m | 422.0m | 802.1m | 756.7m | 1.2b | 1.0b | 1.3b |
Accounts Receivable | 109.6m | 121.0m | 153.5m | 214.5m | 211.5m | 190.4m | 283.8m | 318.0m | 349.2m |
Prepaid Expenses | 10.6m | 42.6m | 2.1m | 2.5m | 8.4m | ||||
Inventories | 76.8m | 76.3m | 105.1m | 105.3m | 116.0m | 128.1m | 173.1m | 206.7m | 208.9m |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | (153.4m) | (372.5m) | (619.8m) | (476.2m) |
Depreciation and Amortization | 23.5m | 113.6m | 217.2m | 251.2m |
Inventories | (10.3m) | (29.7m) | (16.5m) | (104.8m) |
Accounts Payable | 57.4m | 113.7m | 280.5m | 115.0m |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (108.7m) | (197.5m) | (283.1m) | (76.7m) | (247.9m) | (394.9m) | (118.4m) | (268.7m) | (374.5m) |
Depreciation and Amortization | 14.1m | 28.4m | 63.5m | 51.3m | 103.1m | 157.1m | 54.0m | 116.7m | 181.5m |
Inventories | (15.3m) | (14.7m) | (6.7m) | 23.6m | 11.9m | 961.0k | (25.7m) | (57.6m) | (61.4m) |
Accounts Payable | (734.0k) | 27.2m | 5.8m | (65.0m) | 39.7m | 41.4m | (114.2m) | (71.3m) | (72.9m) |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 239.4k |
Farfetch Operating Metrics
| FY, 2014 | FY, 2015 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Active Users | 651.67 k | 728.2 k | 796.3 k | 854.7 k | 935.77 k | 1.02 m | 1.12 m | 1.22 m | 1.35 m | 1.7 m | 1.77 m | 1.89 m | 2.07 m | ||
Gross Merchandise Volume | £178.2 m | £302.08 m | £548 m | $176.7 m | $217.81 m | $204.6 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 |
Farfetch Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| New Guards Group | August 08, 2019 | $675 m |
| Stadium Goods | December 12, 2018 | $250 m |
| CuriosityChina | July 20, 2018 | |
| Fashion Concierge UK Limited | October 31, 2017 | |
| Style.com | June 13, 2017 | |
| Browns | May 13, 2015 | |
| Alanui S.r.l. | ||
| APA S.r.l. | ||
| Beijing Qizhi Ruisi Information Consulting Co. | ||
| Browns (South Molton Street) Limited |
Farfetch Revenue Breakdown
Farfetch revenue breakdown by business segment: 76.1% from DIGITAL PLATFORM, 20.7% from BRAND PLATFORM and 3.1% from Other
Farfetch Cybersecurity Score
Farfetch Environment, Social & Governance (ESG) Ratings
Farfetch Online and Social Media Presence
146.73k Twitter followers
Farfetch has 146.73k Twitter Followers. The number of followers has increased 0.6% month over month and increased 2.7% quarter over quarter
Farfetch's Trends
Twitter Engagement Stats for @farfetch
14.1k
Tweets
594
Following
146.7k
Followers
1
Tweets last 30 days
27
Avg. likes per Tweet
100%
Tweets with engagement
Farfetch Company Culture
Overall Culture
A-
77/100
CEO Rating
A+
87/100
Compensation
C+
69/100
Diversity
C+
68/100
Farfetch News and Updates
April 20, 2022
Farfetch jumps into the beauty business
Farfetch Ltd announced a number of moves into the beauty business early Wednesday. The luxury e-commerce retailer, which acquired beauty retailer Violet Grey in January, will offer more than 100 brands spread across its banners. U.K. luxury retailer Browns will organize its beauty offerings around …
April 06, 2022
Farfetch to invest up to $200m in luxury retailer Neiman Marcus Group
Farfetch Limited, a luxury fashion platform, will make a minority investment of up to $200 million in luxury retailer Neiman Marcus Group, parent of brands that include Neiman Marcus and Bergdorf Goodman.
February 25, 2022
: Farfetch stock soars as the luxury e-retailer moves away from markdowns, swings to full-year profit
Farfetch stock soared after better-than-expected earnings, including its first full-year profit, and a move toward more full-price sales
February 25, 2022
Thinking about buying stock in KAR Auction Services, Farfetch, Open Lending Corp, Pearson PLC, or Paramount Group?
NEW YORK, Feb. 25, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for KAR, FTCH, LPRO, PSO, and PGRE. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
February 24, 2022
Farfetch stock rallies more than 30% after Q4 earnings
Farfetch Ltd. stock jumped more than 30% in the extended session Thursday after the luxury fashion company reported a fourth-quarter loss that was narrower than Wall Street expected and sales that came in below estimates. Farfetch said it lost an adjusted 3 cents a share on sales that rose 23% to $…
November 27, 2021
FARFETCH ALERT: Bragar Eagel & Squire, P.C. is Investigating Farfetch Limited on Behalf of Farfetch Stockholders and Encourages Investors to Contact the Firm
NEW YORK, Nov. 27, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Farfetch Limited (“Farfetch” or the “Company”) (NYSE: FTCH) on behalf of Farfetch stockholders. Our investigation concerns whe…
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 Stephanie Phair.
How many employees does Farfetch have?
Farfetch has 5,441 employees.
What is Farfetch revenue?
Latest Farfetch annual revenue is $2.3 b.
What is Farfetch revenue per employee?
Latest Farfetch revenue per employee is $414.7 k.
Who are Farfetch competitors?
Competitors of Farfetch include Harrods, Square and Shopify.
Where is Farfetch headquarters?
Farfetch headquarters is located at 207, 211 Old St, London.
Where are Farfetch offices?
Farfetch has offices in London, Los Angeles, New York, São Paulo and in 10 other locations.
How many offices does Farfetch have?
Farfetch has 14 offices.
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