Down 40%, Is Farfetch a Buy Right Now?
In this video, I'm going to talk about Farfetch (NYSE: FTCH), the $15 billion luxury goods company. According to Verified Market Research, the global personal luxury goods market will grow at a 5.20% compound annual growth rate from 2020 to 2028, by which time it will be worth $120 billion. Farfetch directly gains from a popular secondary market because it will create FOMO (fear of missing out) and make people buy the shoes as fast as they can.