Farfetch traded at $0.01 this Tuesday April 9th, increasing $0.01 or 375.00 percent since the previous trading session. Looking back, over the last four weeks, Farfetch gained 48.09 percent. Over the last 12 months, its price fell by 44.12 percent. Looking ahead, we forecast Farfetch to be priced at 0.01 by the end of this quarter and at 0.01 in one year, according to Trading Economics global macro models projections and analysts expectations.
Farfetch Limited is a global platform for the luxury fashion industry. The Company is the meeting point for more than 1,300 brands, boutiques, and shopping centers located in more than 50 countries. The Company operates through three segments: Digital Platform, Brand Platform, and In-Store. The Digital Platform segment activities include the Farfetch Marketplace, FPS, BrownsFashion.com, StadiumGoods.com, Farfetch Future Retail, and other online sales channels operated by the Company, including the respective Websites of the brands in the New Guards portfolio. The Digital Platform segment also includes direct-to-consumer sales of owned products. The Brand Platform segment is comprised of production and wholesale distribution of brands owned and licensed by New Guards and includes franchised store operations. The In-Store segment covers the activities of stores it operates, including Browns, Stadium Goods, and certain brands in the New Guards portfolio.