Despite well-documented concerns over an economic slowdown in China, the country’s luxury goods market is still seeing opulent growth according to a new study. Behind secular and demographic tailwinds, the luxury sector is set to continue its torrid expansion in the face of volatility as it’s quickly becoming a defensive economic crown jewel. Using proprietary […]
View More Slowdown or not, China’s luxury goods still seeing high-end growthCategory: luxury goods
Luxury fashion marketplace Farfetch opens trading on NYSE at $27, a pop of 35 percent
It’s been a strong year for tech IPOs so far, and it looks like today’s debut of Farfetch — a UK-based shopping site for luxury fashion — is on trend, so to speak. The company opened trading today — on NYSE under the ticker FTCH — at $27, making for a decent pop of 35 […]
View More Luxury fashion marketplace Farfetch opens trading on NYSE at $27, a pop of 35 percentFarfetch files for IPO to trade on NYSE as FTCH; has nearly 1B active users of its luxury goods marketplace
Farfetch, the UK-based marketplace for high-end fashion and other luxury goods, has confirmed its plans to go public. According to an F-1 form filed with the SEC, the company plans to list on the New York Stock Exchange under the ticker FTCH. An IPO for the company has been in the works for some time, and […]
View More Farfetch files for IPO to trade on NYSE as FTCH; has nearly 1B active users of its luxury goods marketplace