The retailer posted losses after tax of $89.6m (£73.3m) for the three months ending June 30, 2019, a $71.9m increase on losses during the same period a year ago. It blamed the bottom line pressure on an “increase in the operating loss” and a “decrease in unrealised foreign exchange losses”.

Its adjusted EBITDA loss hit $37.6m (£30.9m) during the period, a 40.7% increase year-on-year.

Farfetch enjoyed a 42.7% spike in revenue during the quarter to $209.3m (£172.1m), driven predominantly by growth in platform services revenue and in-store sales.