Farfetch records full-year sales surge and profit growth

Farfetch founder and chief exec José Neves

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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