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July 17, 2021
If you spend any time shopping for high-end fashion online, you may have already bought something from Farfetch, which bills itself as the world’s largest digital marketplace for luxury. The site carries clothes from a huge library of labels more than 3,500, it says including big names like Gucci, Prada, and Saint Laurent, and niche designers like Budapest-based Nanushka.
Vast as that marketplace is, it represents just one piece of Farfetch’s ambition. As founder and CEO José Neves put it to analysts during an earnings call in February, the company’s goal is to be “an operating system and digital enabler for the entire global luxury industry.”
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Farfetch Limited (FTCH) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Farfetch Limited (NYSE: FTCH)
Operator
Good afternoon. My name is Christine, and I ll be your conference operator today. At this time, I would like to welcome everyone to the Farfetch First Quarter 2021 Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks, there will be a question-and-answer session. [Operator Instructions]
Thank you. I ll now turn the call over to Alice Ryder, VP of Investor Relations. Ms. Ryder, you may begin your conference.SPONSORED:
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