Farfetch has reported widening losses during its third quarter despite a sales rise.
The luxury retailer saw a $537 million loss after tax during the three months to September 30, compared to a $90.5m loss during the same period last year.
Burberry saw pretax profits by more than half after impact of coronavirus. Luxury fashion brand saw demand pick up in Q2 after store sales fell 45% in Q1. Emphasis on digital experiences to offset impact of store closures.
Prince Charles' charity announces new initiative with Yoox Net-A-Porter. Titled The Modern Artisan, project looks to train young textile designers in UK and Italy in heritage and luxury fashion design.
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