Farfetch records full-year sales surge and profit growth
Farfetch chief executive José Neves hailed the luxury fashion etailer’s “strong momentum” as the business delivered strong fourth-quarter and full-year sales growth.
Farfetch recorded a 35% rise in revenue in the full year to December 31, 2021, to $2.3bn (£1.7bn), while gross merchandise value rose 33% year on year to $4.2bn (£3.1bn), up 98% on pre-pandemic levels.
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