Luxury online fashion marketplace and technology platform Farfetch sells products from over 700 designer global boutiques and brands. Founded in 2007 by Portuguese entrepreneur José Neves with headquarters in London, the platform has grown to operate offices and offer mobile apps and dedicated websites around the world. It was bought by South Korean ecommerce retailer Coupang in 2024. Retail Week provides news, analysis, features and opinion about Farfetch and the luxury retail sector.
The UK’s leading online retailer will be offering customers up to half price off high-quality returned and refurbished products for the first 10 days of September
Thanks to exclusive data from Similarweb, Retail Week can reveal the UK retail websites that are most popular with US shoppers.
A number of former Farfetch executives are reportedly caught up in a High Court dispute.
Rising interest rates, escalating costs and restrained consumer spending have cast a shadow over retail, leading to a surge in insolvencies.
Farfetch is set to cut up to 30% of its total workforce as global ecommerce retailer Coupang takes ownership, Drapers has reported.
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