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HENRYs Drive Luxury Retail Success at Farfetch

August 20, 2018

Online luxury multi-branded apparel and jewelry marketplace Farfetch is a favorite of HENRY (High Earners Not Rich Yet) fashionistas. Having filed for an IPO (NYSE: FTCH) on Monday, the company could be valued as high as $5 billion when it goes public in the fall.

Farfetch's customers are younger than the typical luxury buyer:
FTCH Age Distribution: More HENRYs
Age Distribution of Farfetch Consumers vs. All Luxury Consumers.  Source: S-1

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Fall IPO Preview
Farfetch is just one IPO we are highlighting in our upcoming Fall 2018 IPO Preview. Look for the special report in September, available only for IPO Pro subscribers.