Farfetch Q2 earnings decline but sales rise

Farfetch, the British internet platform for luxury goods, realized an 18.7 percent decline in attributable profit to $70.5 million in the second quarter ended June 30 from $86.6 million a year earlier. Ebit was down by 29 percent to $60.4 million from $84.7 million as the operating loss widened by ...

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