The Foggy Future of Farfetch
As the company awaits a key EU antitrust ruling on its YNAP deal with Richemont, the path ahead is beset with challenges for the luxury platform.
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As the company awaits a key EU antitrust ruling on its YNAP deal with Richemont, the path ahead is beset with challenges for the luxury platform.
In a research note, Bernstein analyst Luca Solca has maintained his recommendation on the stock with a Neutral rating. The target price is still set at EUR 187.
Exports rose 3.8 per cent to $2.6 billion, buoyed by Hong Kong and Japan
LVMH reported a 9% rise in third quarter revenue, marking slower growth due to rising inflation and economic turbulence.
LVMH Moët Hennessy Louis Vuitton said revenues rose 1 percent in the third quarter as inflation and high interest rates weigh on consumer spending.