Sumary of Farfetch unveils second conscious luxury trends report:
- Farfetch now sells 220 names that are evaluate highly by Good On You, up 13 percent year-on-year, and the asset of conscious products on the platform give by its system of shops grew 40 percent, while GMV from conscious products from boutique relatives was up 46 percent.
- France undergo the strongest growth globally in conscious shopping on Farfetch with an increase of 149 percent year-on-year in overall commodity volume (GMV) from conscious products and South Korea show the gigantic increase in pre-owned disburse per part (ASP), up 116 percent year-on-year.
- Shopping for conscious products continues to earn quality, according to Farfetch Farfetch adds that its shoppers are wanting to be more responsible, as searches for conscious product terms on Farfetch increased by 93 percent year-on-year, and the sale of conscious products grew 1.8 times faster than the market normal over 2021.
- Consumers are choosing to shop more consciously, according to Farfetch’s second annual conscious luxury trends report, which reveals that the amount of its customers who buy a product from its conscious collection increased 60 percent year-on-year in 2021.