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FTCH Stock Price, News & Analysis

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Welcome to our dedicated page for FTCH news (Ticker: FTCH), a resource for investors and traders seeking the latest updates and insights on FTCH stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FTCH's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FTCH's position in the market.

Rhea-AI Summary

FARFETCH Limited (NYSE: FTCH) has partnered with thredUP (NASDAQ: TDUP) to launch a donation program in the US, utilizing thredUP's Resale-as-a-Service to allow customers to donate items while earning shopping credit. Following a successful UK launch in 2019, this initiative aims to promote sustainability in fashion by extending the life of clothing. Customers will use FARFETCH-branded 'Clean Out Kits' to send items to thredUP, with at least 50% of the payout donated to charities of their choice. This move aligns with FARFETCH's commitment to sustainability goals by 2030.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.22%
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Rhea-AI Summary

Farfetch Limited (NYSE: FTCH), a leader in luxury fashion e-commerce, announced that José Neves, its Founder, Chairman, and CEO, will present at the Goldman Sachs Digital Economy Conference on June 18, 2021, at 2:10 p.m. BST (9:10 a.m. ET). A live audio webcast of the presentation can be accessed through farfetchinvestors.com, with a replay available for 30 days after the event.

Farfetch connects customers worldwide with luxury fashion from numerous brands and boutiques, reinforcing its position in the industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.9%
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conferences
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Rhea-AI Summary

Farfetch Limited (NYSE: FTCH), a leader in the luxury fashion sector, announced that CFO Elliot Jordan will present at the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 26, 2021, at 10:25 a.m. ET. Investors can access the live audio webcast at farfetchinvestors.com, with a replay available for 30 days post-event. Farfetch connects customers globally with luxury products from top brands and boutiques, enhancing the online shopping experience through its various initiatives and platforms.

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Rhea-AI Sentiment
End-of-Day
0.6%
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conferences
Rhea-AI Summary

Farfetch Limited (FTCH) reported a strong Q1 2021, achieving a 49.9% increase in Gross Merchandise Value (GMV) to $915.6 million. Revenue climbed 46.4% to $485.1 million, driven by a 68.1% growth in Digital Platform Revenue. The company aims for its first full year of adjusted EBITDA profitability in 2021. Notably, adjusted EPS improved to $1.44 from a loss of $0.24 per share. Despite operational challenges due to COVID-19, Farfetch's brand partnerships and digital initiatives are expected to unlock significant growth opportunities in the luxury market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.51%
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Rhea-AI Summary

Farfetch Limited (NYSE: FTCH) will release its first quarter 2021 financial results after the market closes on May 13, 2021. The company will hold a conference call at 4:30 p.m. ET that day to discuss the results, with a live webcast available on the Farfetch Investor Relations website. Founded in 2007, Farfetch is a leading platform for the luxury fashion industry, connecting customers with over 1,300 brands and boutiques globally.

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Rhea-AI Sentiment
End-of-Day
0.99%
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Rhea-AI Summary

Farfetch Limited (NYSE: FTCH) has announced that its Chief Financial Officer, Elliot Jordan, will present at Cowen's Consumer Platforms for the Next Generation Summit on April 6, 2021, at 8:20 a.m. ET. Investors can access the live audio webcast via Farfetch Investors, with a replay available for 30 days post-event. Farfetch is a leading global platform for luxury fashion, connecting customers in over 190 countries with over 1,300 brands and boutiques.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
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conferences
Rhea-AI Summary

Farfetch Limited (NYSE: FTCH) has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC. The report can be accessed on the Company's investor relations website and the SEC’s site. Farfetch connects customers in over 190 countries with luxury items from more than 1,300 brands and boutiques. Founded in 2007, it offers a unique shopping experience through its e-commerce platform and supplementary businesses like Browns and Stadium Goods, focusing on the luxury fashion industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
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none
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Rhea-AI Summary

Farfetch Limited (NYSE: FTCH) reported its Q4 and full-year 2020 financial results, showing strong growth with a 42.8% increase in Gross Merchandise Value (GMV) to $1.06 billion. Revenue rose by 41.3% to $540.1 million, driven by a 56% growth in Digital Platform revenue. The company achieved its first-ever quarter of positive Adjusted EBITDA at $10.4 million. Despite a loss after tax of $2.28 billion, liquidity remained strong with $1.6 billion in cash and equivalents. CEO José Neves emphasized the substantial growth opportunity in the nearly $300 billion luxury market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
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Rhea-AI Summary

Farfetch Limited (NYSE: FTCH) announced participation in two virtual investor conferences. CFO Elliot Jordan will present at the Morgan Stanley Technology, Media and Telecom Conference on March 2, 2021, at 8:45 a.m. ET, and at the DB Media, Internet & Telecom Conference on March 8, 2021, at 8:00 a.m. ET. Investors can access live audio webcasts of both presentations at farfetchinvestors.com, where replays will be available for 30 days post-event.

Farfetch connects customers globally with luxury fashion through its platform, showcasing products from over 1,300 brands and boutiques.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.15%
Tags
conferences
Rhea-AI Summary

Farfetch Limited (NYSE: FTCH) will release its fourth quarter 2020 financial results after U.S. market close on February 25, 2021. A conference call to discuss the results is scheduled for 4:30 p.m. ET on the same day, with access via the Farfetch Investor Relations website. Founded in 2007, Farfetch connects customers globally with luxury fashion from over 1,300 brands and boutiques, offering a unique shopping experience. The company also includes Browns, Stadium Goods, and the New Guards Group, enhancing its position in the luxury retail market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
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