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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Circularity Is the Way Forward, Says Richemont in Sustainability Paper
Women s Wear Daily (WWD) 19 hrs ago Samantha Conti
LONDON What color is profitability?
Most accountants would say black, but Compagnie Financière Richemont and its watch, jewelry and fashion brands think it should be green. According to a new report, the group is pursuing a “green growth” agenda that aims to increase profitability while shrinking its carbon footprint, and is working toward circularity in sourcing and sales.
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