Farfetch shares: The pressure continues to grow! ()

The online platform for luxury fashion, Farfetch Limited, will be undergoing a significant restructuring phase at the end of 2024. With a current market capitalization of only 3.4 million euros and a share price of USD 0.00, the dramatic situation of the former leading luxury fashion retailer is evident. The stock is currently trading at its 52-week low, with year-on-year performance showing a decline of 100 percent.

Current developments

The platform that connects consumers from around 190 countries with luxury brands and boutiques is facing major challenges. The financial situation is reflected in the current metrics, with the company needing a fundamental realignment of its business strategy with 311.4 million shares outstanding.

Farfetch shares: buy or sell?! New Farfetch analysis from December 30th provides the answer:

The latest Farfetch figures speak for themselves: there is an urgent need for action for Farfetch shareholders. Is it worth getting started or should you sell? In the current free analysis from December 30th you will find out what to do now.

Farfetch: Buy or sell? Read more here…