Farfetch revenues soar after ‘tremendous start to 2021’

By Hugh Radojev2021-05-14T06:27:00

Farfetch reported strong growth in both revenues and gross merchandise values in what the luxury specialist’s boss called a “tremendous start to 2021”.

The company reported a 46% year-on-year increase in sales to $485m (£344.1m), white adjusted EBITDA losses narrowed to $19m (£13.5m) from $22m (£15.6m) in its first quarter.

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