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Travel Restrictions Play Big Role in Farfetch’s 25% Q1 GMV Boost

Register for the Feb. 17 webinar, De-Risking Supply Chains Through Nearshoring, today to learn how to realize the benefits of localizing supply chains from factories that are helping brands successfully produce in the U.S.

Although Farfetch doesn’t officially report earnings until August, the online luxury fashion marketplace gave a preview of things to come with a refreshingly positive guidance update that expects the company’s digital platform gross merchandise volume (GMV) to jump between 25 percent and 30 percent, ahead of last quarter’s 19 percent increase. At the Wells Fargo…

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