Robbins LLP Reminds Investors it is Investigating the Officers and Directors of Farfetch Limited (FTCH)

On August 8, 2019, Farfetch Limited (FTCH) reported a larger-than-expected loss of $89.8 million for the second quarter of 2019. In addition to its disappointing financials, Farfetch announced a $675 million acquisition of New Guards Group and the resignation of its Chief Operating Officer. On this news, Farfetch's share price fell $8.12, over 44%, to close at $10.13 on August 9, 2019. Farfetch provides an online marketplace for luxury goods.

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