Clothing & Shoes

Farfetch losses widen despite revenue increase

Q4 2020 marked Farfetch’s first ever quarter of positive adjusted EBITDA - up to $10m (£7.1m)

Online luxury retailer Farfetch has revealed its losses widened for FY20 to $3.3bn (£2.36bn) despite its revenues increasing 64% year-over-year to $1.7bn (£1.2bn).

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