FTCH Stock Recent News

Farfetch Limited (NYSE:FTCH) is expected to report a strong rise in second-quarter revenues when it reports back for the second quarter after the market close on Thursday, August 17.  However, while losses at the online fashion marketplace are expected to match those of a year ago, it is expected to repeat that it is on track to return to profitability and positive free cash flow.

Luxury fashion company Farfetch Ltd. FTCH, -4.67% on Tuesday named Tim Stone its new chief financial officer, effective Sept.

Farfetch has faced challenges, including softer demand from China, but is now experiencing a rebound rally. The company's niche in the luxury space and mix of platform and first-party businesses contribute to its long-term growth potential. Farfetch's GMV and revenue are showing growth, and upcoming partnerships and easier comps are expected to fuel further growth.

Following bullish remarks on artificial intelligence (AI) by Farfetch CEO José Neves during the luxury retailer's first-quarter 2023 earnings report, Maison Valentino is set to introduce a virtual try-on (VTO) experience for its ready-to-wear collection. The feature will be powered by Wanna, an augmented reality (AR) technology company owned by Farfetch, FashionUnited reported.

Shares of luxury eCommerce retailer Farfetch have been on the rise. The British luxury goods merchant's shares rose as much as 15% Friday amid elevated trading volume, Seeking Alpha reported Friday (June 9).

After a brutal 2022, Wall Street has fallen back in love with high-return aggressive growth stocks. Stocks with aggressive growth potential have outperformed value stocks by a wide margin so far in 2023, and there's reason to believe this trend will continue.

Cash flow management is crucial for any business, but especially for startups that have limited resources and high uncertainty.

Farfetch's stock skyrocketed after the release of its latest earnings report. Its growth is finally accelerating again after its painful slowdown in 2022.

Yahoo Finance markets reporter Remy Blaire joins the Live Show to discuss the rise of Farfetch stock as revenue beats estimates, while Foot Locker shares decline on an earnings miss.

Farfetch easily beat estimates on the top and bottom lines. Guidance called for improving results over the rest of the year.