Since 2015, sales revenue of Farfetch has grown at an exponential level, going from a humble 142.3 million to just over 2.32 billion U.S. dollars. An online-only retail platform, Farfetch is a merchandiser of luxury clothing, jewelry, and accessories of 1,300 brands, both new and pre-owned.
A truly global retail platform
Originally founded in 2007 by the Portuguese business person José Neves, Farfetch is a United Kingdom (UK) based e-commerce store for luxury fashion lovers. In 2021, the platform generated the largest share of its annual revenue from Europe, the Middle East and Africa (EMEA). Farfetch, which sells stock from brands around the globe, has their products available for delivery in a total of 190 countries worldwide.
Online-only fashion retailers
In 2022, the UK boasted a total 45 million e-commerce users in the apparel segment alone, and the number only grows when including the footwear, bags and accessories segments. The popularity of online fashion retailers is unquestionable. Besides Farfetch, other popular fashion online-only stores include ASOS and Shein, which lead in the fast fashion industry as opposed to luxury fashion.
Revenue of Farfetch from financial year 2015 to 2022
(in million U.S. dollars)
Characteristic
Revenue in million U.S. dollars
2022
2,316.68
2021
2,256.61
2020
1,673.92
2019
1,021.04
2018
602.38
2017
385.97
2016*
242.12
2015
142.31
Created with Highcharts 7.2.2Revenue in million U.S. dollars142.31142.31242.12242.12385.97385.97602.38602.381,021.041,021.041,673.921,673.922,256.612,256.612,316.682,316.6820152016*201720182019202020212022
05001,0001,5002,0002,5003,000
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The revenue figures displayed here inclused digital platform fulfilment revenue.
The company's financial years ends on December 31 of each year. Figures prior to 2016 are taken from previous reports also published by the source. 2016 figures were restated.
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Farfetch. (February 23, 2023). Revenue of Farfetch from financial year 2015 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/980145/ecommerce-revenue-farfetch/
Farfetch. "Revenue of Farfetch from financial year 2015 to 2022 (in million U.S. dollars)." Chart. February 23, 2023. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/980145/ecommerce-revenue-farfetch/
Farfetch. (2023). Revenue of Farfetch from financial year 2015 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/980145/ecommerce-revenue-farfetch/
Farfetch. "Revenue of Farfetch from Financial Year 2015 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 23 Feb 2023, https://www.statista.com/statistics/980145/ecommerce-revenue-farfetch/
Farfetch, Revenue of Farfetch from financial year 2015 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/980145/ecommerce-revenue-farfetch/ (last visited January 23, 2025)
Revenue of Farfetch from financial year 2015 to 2022 (in million U.S. dollars) [Graph], Farfetch, February 23, 2023. [Online]. Available: https://www.statista.com/statistics/980145/ecommerce-revenue-farfetch/
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