Fashion > Luxury

Farfetch Debuts IPO With Market Cap of $5.8 Billion USD

9 monthes ago   |   By Hypebeast

Last month, luxury marketplace Farfetch took the necessary steps to file for an IPO on the New York Stock Exchange , debuting today at $27 USD per share. Trading under the acronym FTCH, the UK-based company enjoys an approximate market cap of $5.8 billion USD and saw strong activity on its first day of trading, soaring to a high of $30.58 USD per share - it currently sits at $28.20 USD at time of writing. Though initial reports noted that the company may miss its desired $5 billion USD valuation , the strong trading has situated Farfetch at an estimated valuation approaching $4.8 billion...
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Farfetch Stock Soars Beyond $8 Billion Valuation

Farfetch Stock Soars Beyond $8 Billion Valuation

9 monthes ago   |   By WWD

Farfetch hit Wall Street with a bang today.
Shares of the luxury e-commerce platform shot up more than 42 percent to $28.45 in the issue's first few minutes of trading on the New York Stock Exchange.
The initial offering, at a higher-than-expected $20 a share, and the subsequent run-up in trading gave Farfetch a valuation of more than $8 billion.
Clearly, investors remain very interested in the intersection of luxury and e-commerce. The response also underscored the importance of platforms. Farfetch's marketplace caters to 2.3 million consumers and 980 sellers, making it a real player with...
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In pictures: Loewe brings dream-like SS20 collection to PFWM

In pictures: Loewe brings dream-like SS20 collection to PFWM

Spanish luxury fashion house Loewe showcased its SS20 collection at Paris Fashion Week Men's on Saturday inside the auditorium of the Maison de l'UNESCO in Paris. The... Read more ...

Sophie Turner & Joe Jonas' Paris Wedding Date Was Just Revealed By A Super...

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Prada launch a new sustainable line of their iconic nylon bag

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'Toy Story 4' Smashes Global Box Office Record for Animated Movie Sales

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Your Horoscope This Week: Avoid Too Much of a Good Thing

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Hermès Embraces Relaxed Proportions for Spring '20 Collection

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Nike Football Updates Iconic Tiempo Boot With New Innovations

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Paris Fashion week men's closes with star-studded runway shows

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