Farfetch Acquires Luxclusif, Expands ‘Pre-owned Proposition’ – NewsBreak

Farfetch Acquires Luxclusif, Expands ‘Pre-owned Proposition’ – NewsBreak

Click here to read the full article. Farfetch is furthering its pre-owned proposition with the acquisition of resale platform Luxclusif for an undisclosed sum.
The move signals Farfetch’s desire to expand its resale capabilities by bringing them further in-house. The company is eyeing category and regional expansion under its Farfetch Second Life program (which will soon offer more than just bags) as well as technology leadership in the business-to-business resale space.More from WWDInside the Temple of Parisian Lifestyle: Pictures of La SamaritaineUnites States Retail in the Aftermath of Police Brutality Protests31 Quirky Home Decor Items to Elevate WFH
“Farfetch has been working…