Farfetch: Digital Transformation for Luxury Brands

Gupta, Sunil Avery, Jill Corsi, Elena Gabrieli, Federica

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HBP

Farfetch, a global luxury technology platform and digital marketplace had been surfing the wave of digital transformation in the luxury fashion industry since 2008. While the company's stock price and market valuation had fluctuated since its IPO in 2018, it had achieved positive EBITDA only once in the fourth quarter of 2020. Now, CEO Jose Neves had to decide how to allocate company resources across the various business lines that had sprung up alongside the marketplace, including Farfetch Platform Solutions, a modular set of e-commerce technology solutions and services for luxury retailers and brands, the Store of the Future initiative, a partnership with Alibaba and two of the largest luxury houses (Richemont and Kering), and investment in Farfetch's own fashion brands. As the company expanded into new business lines, it stewarded an increasingly complex and interdependent luxury ecosystem in which it could be perceived as both a collaborator and a potential competitor to its various constituents. How could Neves chart the best path to profitable growth while keeping everyone satisfied as competition heats up in the online and offline luxury retailscape?

出版日
2021/11
改訂日
2022-12-01
領域
マーケティング
ボリューム
25ページ
コンテンツID
CCJB-HBS-522051
オリジナルID
522051
ケースの種類
Case
言語
英語
カラー
製本の場合、カラー印刷での納品となります。