On the Record · Farfetch
Farfetch acquisitions, on the record
The businesses Farfetch bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
New Guards Group Holding S.p.AWord for word“In August 2019, we completed the acquisition of 100% of the outstanding shares of New Guards Group Holding S.p.A, for total consideration of $704.1 million.” 20-F for 2020 | acquisition | In August 2019 | for total consideration of $704.1 million |
Stadium Enterprises LLC, which does business as "Stadium Goods"Word for word“In January 2019, we completed the acquisition of 100% of the outstanding equity interests of Stadium Enterprises LLC, which does business as “Stadium Goods,” a premium sneaker and streetwear marketplace, for total consideration of $230.9 million.” 20-F for 2020 | acquisition | In January 2019 | for total consideration of $230.9 million |
Palm Angels S.r.l. (60% of outstanding equity interests)Word for word“On July 20, 2021, New Guards completed the acquisition of 60% of the outstanding equity interests of Palm Angels S.r.l. (“Palm Angels”), the owner of the Palm Angels trademarks.” 20-F for 2021 | acquisition | July 20, 2021 | — |
Venice S.r.l. (remaining 31% of outstanding equity interests)Word for word“In conjunction with this transaction, New Guards also increased its total ownership of Venice S.r.l (“Venice”), the operating company of the Palm Angels brand, to 100% through the acquisition of the remaining 31% of the outstanding equity interests of Venice.” 20-F for 2021 | acquisition | — | — |
Luxclusif (Upteam Corporation Limited)Word for word“In our aim to become the leading global platform for pre-owned luxury, in December 2021, we acquired Luxclusif, a business-to-business service provider with a successful turnkey solution enabling the acquisition, authentication and sale of second-hand luxury goods, which we believe will allow us to significantly accelerate our pre-owned capabilities through the development of key technology and service features.” 20-F for 2021 | acquisition | December 2021 | — |
JBUX Limited, trading as JettiWord for word“• September 2021: JBUX Limited, trading as “Jetti”, which provides marketplace technology to multi-vendor online businesses via a cloud-based Software as a Service (“SaaS”) platform;” 20-F for 2021 | acquisition | September 2021 | — |
Allure Systems CorpWord for word“• December 2021: Allure Systems Corp uses artificial intelligence (“A.I.”) to create high-quality on-model images via 360 degrees renderings, allowing retailers and brands to scale quality imagery with automation.” 20-F for 2021 | acquisition | December 2021 | — |
Violet Grey Inc.Word for word“In early 2022, we also completed the following acquisition: • February 2022: Violet Grey Inc., a luxury beauty retailer.” 20-F for 2021 | agreed acquisition | February 2022 | — |
Palm Angels (remaining 40% of outstanding equity interests, put and call option)Word for word“In addition, New Guards agreed to a put and call option with the remaining shareholders of Palm Angels, which would require New Guards to purchase the remaining 40% of outstanding equity interests of Palm Angels in 2026, to the extent either the put or call option was exercised.” 20-F for 2021 | agreed acquisition | 2026 | — |
YOOX Net-a-Porter Group (YNAP)Word for word“On August 24, 2022, we and Symphony Global LLC ("Alabbar") agreed, pursuant to a share purchase agreement, to acquire 47.5% and 3.2%, respectively, of YOOX Net-a-Porter Group (“YNAP”) from Richemont.” 20-F for 2022 | agreed acquisition | On August 24, 2022 | — |
Palm AngelsWord for word“On July 20, 2021, New Guards completed the acquisition of 60% of the equity interests of Palm Angels, the owner of the Palm Angels trademark.” 20-F for 2022 | acquisition | On July 20, 2021 | — |
Stadium GoodsWord for word“Farfetch acquired Stadium Goods in January 2019 and it continues to operate as a standalone brand, increasingly leveraging Farfetch’s digital platform and expertise in technology, logistics, data, brand, marketing and geographic reach.” 20-F for 2022 | acquisition | January 2019 | — |
WannaWord for word“With the aim of advancing and scaling our virtual try-on capabilities on the platform, we also acquired Wanna, a virtual try-on company, in April 2022.” 20-F for 2022 | acquisition | April 2022 | — |
LuxclusifWord for word“In December 2021, we acquired Luxclusif, a business-to-business service provider with a turnkey solution enabling the acquisition, authentication, and sale of second-hand luxury goods, which we believe will allow us to significantly accelerate our pre-owned capabilities through the development of key technology and service features.” 20-F for 2022 | acquisition | December 2021 | — |
New GuardsWord for word“In August 2019, we acquired New Guards.” 20-F for 2022 | acquisition | In August 2019 | — |
Read from Farfetch’s annual reports (20-F for 2022, 20-F for 2021, 20-F for 2020) and the financial data it files with the SEC, as of 2023-03-08. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.