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Farfetch Ltd (FTCH US) – Some near-term speed bumps  

Farfetch is the global luxury fashion industry’s leading technology platform, as it operates the only online luxury marketplace at scale and is increasingly solidifying its position as a key innovation partner in the luxury industry. We believe Farfetch will benefit from increasing online penetration in the global luxury market, growing popularity of the e-concessions model, and strong partnerships which enable the company to increase its exposure to the Chinese consumer. BUY(Research Team)

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