Farfetch revenues soar after ‘tremendous start to 2021’

Jose Neves, CEO of Farfetch

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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