Revenue Jumps 70% at Online Fashion Retailer Farfetch

Online luxury fashion retailer Farfetch sold over half a billion pounds worth of good across its platform last year, new accounts show.

Gross merchandise value, which measures the value of all goods sold, rose by 81% to £547.9 million in 2016, according to accounts filed with Companies House. Revenue rose by 74% to £151.3 million, while losses rose by 18% to £34 million.

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