FARFETCH: new owner, what's changing?

Things are changing in the luxury market. Farfetch was recently purchased by a South Korean company, that was not previously in luxury retail. What does this mean for the company and the customers. Let's talk.
#farfetchsold #farfetchcompany #fashiontalk

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Dayle's channel: @DaylesAddiction

[bsk]

Excellent informative video! Thank you.

[cherrypopp]

You make a good point. There’s only so many rich 1% customers to go around and if these luxury companies only focus on those customers and there is lots of competing brands, not many of them will last and may have to re think their strategy, especially the way the world is going, creating less and less people who can afford their clothes/accessories.

[NikaK]

I guess you need us! Love this 😂👍 Great video!!

[tiffiindanii]

They definitely need us but good luck to them with the major price hikes and pushing out of the “aspirational customer”. There is strength in numbers!

[goodwear]

I sell shoes bags and clothes in a dept store, everyone still pays the increases without hesitation. The main brands are gucci, chanel, dior.

[alenkazajdela]

Always follow the money & finds out the truth 😮

[pat-orl]

Interested what other quality brands you're thinking of, the Luxury Brands definitely rely on more asperational customers.