Farfetch Announces Second Quarter 2023 Results

 

  • Digital Platform GMV and Digital Platform Services Revenue growth accelerate to 7% and 10% year-over-year
  • Strong supply growth of over 40% year-over-year on the Farfetch Marketplace  
  • Record Active Consumers of 4.1 million, up 7% year-over-year
  • Operating cost base reduced year-over-year, delivering operating cost leverage
  • Progress on strategic initiatives underpins 2023 expectations for strong growth, Adjusted EBITDA profitability and positive Free Cash Flow

 

Download the press release here.