Farfetch gains “significant” market share despite ongoing losses

// Farfetch records 60% rise in traffic during lockdown thanks to store closures
// Revenues and profits rose during the periodFarfetch has recorded over 500,000 new customers as well as “significant” market share gain during its second quarter.
The online luxury retailer said it saw “strong momentum” in its business as traffic rose by 60 per cent thanks to the shift to digital during April, May and June – when lockdown was in full force in most countries.
Farfetch