Luxury Fashion Business Farfetch Will Hold Initial Public Offerings In 2017.

Farfetch founder Jose Neves

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People said that the company will be in touch with the stakeholders in the coming months to plan the initial public offering as early as 2017.

Farfetch is a British company. Its founder, Jose Neves, was not a real fashion designer. He once said that he spent many years learning fashion games. He and his wife are not luxuries and compulsive buyers. They will not buy a 2000 pounds of clothes.

However, Neves's Farfetch has been expanding at an alarming rate in recent years, catering to the good growth of e-commerce.

In 2015, Farfetch's $86 million E round of financing has helped the company to gain a foothold. It has also become a real unicorn.

However, the Farfetch listing plan has not yet been finalized and details have not been announced.

In the face of the rumor, Farfetch's chief marketing officer, Stephanie Horton, replied that it would be false for the company to seek initial public offerings in 2017 or 2018.

Another source believed that the timing of Farfetch's stock raising would be consistent with its profit plan, and now the company expects to make profits by the end of 2017.

This is probably one of the bases of rumor. The luxury electric business company may also be considering listing in the UK or the US.

Some investors worry that the prospect of a British company will not be clear whether it is in Britain or in the US.

From the sales point of view, Farfetch2016 has earned $18 billion in the US, almost two times more than UK sales.

Next, it is worth noting whether the listing plan will enable Farfetch to adjust its strategy.

Now, it uses zero inventory mode. In order to avoid inventory risk, it only sends a single platform and goods directly from the buyer's store.