Online fashion retail giant
More optimistically, revenues increased from $134.5 million USD in Q3 of 2018 to $255.5 million USD this quarter. For even better news, Farfetch expects a loss of only between $21 million USD to $31 million USD in the final quarter of the year. According to its Chief Executive Jose Neves, “We had a fantastic Q3, beating all our expectations, and continuing to capture market share at a rapid pace.”
Those with stocks in the company should definitely keep an eye out for its fourth-quarter finances with the holiday season coming up.
For more fashion news, UNDERCOVER has launched a new “UNDERCOVER NOISE LAB” line.