{"id":162529,"date":"2019-11-14T11:32:57","date_gmt":"2019-11-14T11:32:57","guid":{"rendered":"https:\/\/theindustry.beauty\/farfetch-sinks-as-analysts-warn-it-is-no-uber-of-luxury-goods\/"},"modified":"2021-08-12T14:05:21","modified_gmt":"2021-08-12T14:05:21","slug":"farfetch-sinks-as-analysts-warn-it-is-no-uber-of-luxury-goods","status":"publish","type":"post","link":"https:\/\/theindustry.beauty\/farfetch-sinks-as-analysts-warn-it-is-no-uber-of-luxury-goods\/","title":{"rendered":"Farfetch sinks as analysts warn it is \"no Uber of luxury goods\""},"content":{"rendered":"<p>Shares in online luxury fashion platform\u00a0Farfetch were hit after analysts poured doubt over the future of the business and claimed it is \"no Uber of luxury goods\".<\/p>\n<p><!--more--><\/p>\n<p>In a damning research note, analysts at Bernstein warned Farfetch \"burns cash too fast\"\u00a0and raised concerns it could be forced to plead with investors for refinancing.<\/p>\n<p>Read the full article on <a href=\"https:\/\/www.telegraph.co.uk\/business\/2019\/11\/13\/farfetch-no-uber-luxury-goods-analysts-warn\/\"><em>The Daily Telegraph<\/em><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2026 <a href=\"https:\/\/theindustry.beauty\/farfetch-sinks-as-analysts-warn-it-is-no-uber-of-luxury-goods\/\">...<\/a><\/p>\n","protected":false},"author":52,"featured_media":136223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[21,9921,10023],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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