×
63 256
Fashion Jobs
MACY'S
Asset Protection Detective, Hilldale - Part Time
Permanent · Madison
MACY'S
Asset Protection Security Guard, Antelope Valley - Part Time
Permanent · Palmdale
MACY'S
Asset Protection Detective, Hulen Mall - Full Time
Permanent · Fort Worth
MACY'S
Asset Protection Detective, State Street - Full Time
Permanent · Chicago
MACY'S
Asset Protection Detective, Monterey Del Monte Center - Full Time
Permanent · Monterey
MACY'S
Asset Protection Captain, Southland - Full Time
Permanent · Hayward
MACY'S
Asset Protection Security Guard, Baldwin Hills Crenshaw Plaza - Flex
Permanent · Los Angeles
MACY'S
Advisor, Product Management
Permanent · Johns Creek
MACY'S
Advisor, Product Management
Permanent · Johns Creek
MACY'S
Advisor, Product Management
Permanent · Johns Creek
MACY'S
Advisor, Product Management
Permanent · Johns Creek
MACY'S
Senior, Product Management
Permanent · Johns Creek
MACY'S
Asset Protection Detective, Modesto Vintage Fair - Flex
Permanent · Modesto
MACY'S
Asset Protection Security Guard - Market by Macy's, Southlake Town Square- Part Time
Permanent · Southlake
MACY'S
Asset Protection Detective, Lakeside - Part Time
Permanent · Metairie
MACY'S
Asset Protection Detective, Victor Valley - Full Time
Permanent · Victorville
MACY'S
Asset Protection Detective, Perimeter Mall - Full Time
Permanent · Atlanta
MACY'S
Asset Protection Officer, Secaucus D2C fj - Full Time
Permanent · Secaucus
MACY'S
Asset Protection Detective, Aurora Town Center - Full Time
Permanent · Aurora
MACY'S
Asset Protection Officer, Tulsa - Part Time
Permanent · Owasso
MACY'S
Asset Protection Security Guard, Market by Macy's, Southlake Town Square - Full Time
Permanent · Southlake
MACY'S
Asset Protection Detective, Southshore - Full Time
Permanent · Bay Shore
Published
Aug 20, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

UK fashion e-tailer Farfetch prepares for NYSE listing

Published
Aug 20, 2018

British fashion and luxe e-tailer Farfetch has filed its application for a stock exchange listing in New York. The number of shares involved in the flotation and their price is as yet undisclosed. 
 

José Manuel Ferreira Neves, founder and CEO of Farfetch - Farfetch


The news is far from unexpected. Last March, the site led by London-based Portuguese businessman José Neves announced the choice of JP Morgan and Goldman Sachs as the banks working on the operation. At the time, financial analysts estimated the potential valuation of Farfetch at about GBP4.0 billion, equivalent to €4.5 billion.

The news came as the site proudly reported a revenue of $268 million in the first half of 2018, well above the $173 million achieved in the same period a year earlier. It was not the only increase on record for Farfetch though: six-monthly pre-tax losses grew in a year from $30 million to $68 million, as the website staged a plethora of new initiatives in recent months.

These included the launch of a dedicated site for watches and jewellery, the acquisition of Chinese social marketing specialist CuriosityChina, the introduction of the Dream Assembly tech accelerator and the signing of an agreement with the Chalhoub group to launch in the Middle East.

In terms of labels, Farfetch initiated partnerships with Chanel and Burberry, while Harvey Nichols put the e-tailer in charge of boosting its online sales. Farfetch also set up a 90 minute delivery service in Gucci flagships, while Fendi chose the luxury site to start selling its bespoke products online.

Farfetch currently retails products by 3,200 brands. It claims about 935,000 active users, up 40% compared to the previous financial year. Since last year, the Chinese e-tail giant JD.com ranks among Farfetch’s shareholders. 

Copyright © 2021 FashionNetwork.com All rights reserved.