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

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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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