Farfetch

Farfetch (farfetch.com) is a leading global platform in the luxury fashion industry. The company connects high-end fashion brands, boutique retailers, and consumers through its online marketplace. Farfetch serves a diverse clientele, including fashion-forward consumers, luxury brands, and boutique retailers who seek to reach a global audience. The market it operates in is the luxury fashion sector, which is characterized by high-value items and discerning customers who prioritize quality and exclusivity.

Farfetch's business model revolves around providing a digital platform where luxury fashion items can be bought and sold. It partners with a wide range of luxury brands and boutiques, offering them a space to showcase their products to a global audience. The company also provides commerce solutions through Farfetch Platform Solutions, helping brands and retailers manage their online presence and sales.

Farfetch generates revenue primarily through commissions on sales made via its platform. It also earns money by offering additional services to brands and retailers, such as digital marketing, logistics, and technology solutions. Additionally, Farfetch has expanded its business by acquiring other companies, such as the luxury resale platform LUXCLUSIF, which allows it to tap into the growing market for pre-owned luxury goods.

In summary, Farfetch is a digital marketplace for luxury fashion, connecting brands, boutiques, and consumers worldwide. It makes money through sales commissions and offering various support services to its partners.

Keywords: luxury fashion, online marketplace, global platform, high-end brands, boutique retailers, digital commerce, sales commissions, pre-owned luxury, Farfetch Platform Solutions, LUXCLUSIF.