Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.

Abstract

In 2008, Jose Neves, a Portuguese entrepreneur, launched Farfetch to implement his vision for a unique online portal focused on the luxury fashion market, capable of connecting boutiques and consumers, trying to compete with market leaders on luxury e-Commerce. This idea was born from his interests in technology, fashion, design and retail. Farfetch grew focused on its business model and promoting the passion for fashion. In 2015, it achieved a USD1 billion dollar valuation, making it the first Portuguese unicorn. In 2018, Farfetch went public on the NYSE, with an extraordinary reception from the market. This case provides enough data to understand Farfetch's business model among innovative technology-based companies and to realize the importance of the distribution channel strategy. It also allows students to explore different distribution strategic options and discuss the consequences of changes in the distribution model. In particular, the case-study allows to analyse the trade-offs between a drop-shipping and a warehousing model.

Teaching and learning

This item is suitable for postgraduate and executive education courses.

Time period

The events covered by this case took place in 2007-2018.

Geographical setting

Region:
World/global
Countries:
Portugal; United Kingdom
Locations:
Porto;Matosinhos;London

Featured company

Farfetch
Employees:
1001-5000
Type:
Public company
Industry:
Luxury Fashion Retail

Featured protagonist

  • José Neves (male), CEO and Founder

About

Abstract

In 2008, Jose Neves, a Portuguese entrepreneur, launched Farfetch to implement his vision for a unique online portal focused on the luxury fashion market, capable of connecting boutiques and consumers, trying to compete with market leaders on luxury e-Commerce. This idea was born from his interests in technology, fashion, design and retail. Farfetch grew focused on its business model and promoting the passion for fashion. In 2015, it achieved a USD1 billion dollar valuation, making it the first Portuguese unicorn. In 2018, Farfetch went public on the NYSE, with an extraordinary reception from the market. This case provides enough data to understand Farfetch's business model among innovative technology-based companies and to realize the importance of the distribution channel strategy. It also allows students to explore different distribution strategic options and discuss the consequences of changes in the distribution model. In particular, the case-study allows to analyse the trade-offs between a drop-shipping and a warehousing model.

Teaching and learning

This item is suitable for postgraduate and executive education courses.

Settings

Time period

The events covered by this case took place in 2007-2018.

Geographical setting

Region:
World/global
Countries:
Portugal; United Kingdom
Locations:
Porto;Matosinhos;London

Featured company

Farfetch
Employees:
1001-5000
Type:
Public company
Industry:
Luxury Fashion Retail

Featured protagonist

  • José Neves (male), CEO and Founder

Related