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The Business of Fashion

Farfetch’s José Neves Says Profitability Is Still Possible in 2021

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For Farfetch Founder and Chief Executive José Neves, the last six months have not only been about protecting his own business from the fallout of Covid-19, but also supporting the hundreds of boutiques around the world — from China, Japan and Korea to the Middle East and Europe — that sell their goods online through the luxury marketplace.
“We've been able to support the boutiques and the brands on the platform at crucial time where online is, for many, the main channel and for some... the only channel,” Neves told BoF Editor-in-Chief Imran Amed in the latest episode of The BoF Podcast.
But as Neves explained, more challenges lie ahead for Farfetch and the global fashion industry at large.
0:53:12
Publication year
2020
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