19-05-2023 10:19 via retailgazette.co.uk

Farfetch swings to loss despite sales rising 8%

// Farfetch posts a loss after tax of £140m despite a rise in revenue
// Chief executive José Neves said the results represent “the first step towards achieving our plan for 2023, our ‘Year of Execution’”Farfetch has posted an 8% rise in sales year on year to £448.5m for the three months to March 31 despite “continued headwinds from Russia, China and a stronger US dollar.”
The luxury fashion platform said improved inventory, partnerships wit
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