Retail
April 13, 2022
Backed by Alibaba, Farfetch has aggressively expanded its footprint in China. Now, could fresh lockdowns push it ahead in the luxury ecommerce race? Image credit: Farfetch
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jLw3D63EblgAVqVl2MlKAK0xe34b9bvQ2lhz5r+fxlOSpfb6vTWe42Bq+zgsS8cgIO+EpNupNSpCdCDhyFO9NifVtFV4pQL8yApduReIMFENAHt6BmUXvZzNizpjVpCrp0LGYOCgWAF09\/qRMTY731yV3ambSgkwRqcJtZRW6tj+7n7k7ElnRwuof+RbDWVmtRSo9BH1BoK6a8IP4mZx4erXbu1keNXHwk7I4bFuNRqolgFzIFSi+u1I+f1gxAAI0ugI4AEhdLik4WW97S04595y64CwAZ+5qLFznlPUMtzt4Aqq8DhSTrJ4VuCzDV0KWFmHBgzvXzBiYOZgo+qboKj1Xwakj6b8yDbn\/Az08sq4VwVy+ylNfGOVbof+bajDrp99sFEV3kMzUvXeGoKQdRJgS8FpTRGtE+PM2rHrxAS7W1zVL3Gc2emrnhvyhOfxx5WjYtjshGtn2f+JGHoZOIZfxslEZjQiZRhoj8RPeIKT2idS1T08fkgnGvO3bTW0i8oZ7GmF4owB+QuZ7\/srIx2iqh4epLCKlTqg4QghxlpGCeE5q1aJlJSjIKlSRCp2vMaA0UF5aM+yapAeTx4P4F1eQulT1UyU0iM9mIHjF7yOW77xyPx8hBlcd1wzfPQ4Ob9NqlXoseQPNwI1sJtAc0BgkMFh8RHNvds4xLgTOlrB+CEBdKhOor6a5XqXQaop\/o5ZISG8rrTdfQk28YHlwga0naGYbbKKkS6j1i1BPhVYK\/OsFC5vg5tHSeqI0kPoJ\/3YpF83ziduGBIFBIpudka7W9hQreDuEQyPqYr\/cyVKBpSJFLKL7F0upxF56etoEPY+PWPsafka4m1HeOAxq8red2RHgZdO+zXTjDoD3yadYLlw7wTCC4SH0O7mr+l\/B\/Krz8ZKfuK99qmYIITJDy9PDMAD6res3byS1PvV7qMcVWEtLXa1VaYeElEBWSKord2TUkvU+vfPDGUrOy5wrq1FMj3RaRhKnNGTaCLHl7+xkqEBJZpE\/nfjtMwq\/pBvoqJkYF49qZDzGCIlyObMziBEggZ4rGKjp0AqPwAOLDndSykZvemYab53wsSa0B1HFNYUu7kywpQ7s1qxqVjCG0oZVyAgEm6WpO+FQtK2JifGDhl4pT+F9Z5vqZcv+VP42upRyIJd4k\/zKOjfLbKXtRowSMKAIlXiiCoeShWLuO0SsRRORtruNiLAEhi0tGTzAwihlcrjoKY4TIbT0CjbDqY6huX5Zg0sHFsC8mp3SFwF0PUgAzlwsJe6BRiYZBcA1wtoHz\/dSfSwZ14n4DXqnFNtjBiGClajtvCnVNxpqObFA\/V\/433lEhZWYTin1wH1jPHSodxfk9zon01beyoNv54vKQSVD4QOjj2ysrCb68JnJ3+k06N7JIfxc5zciKdGY1UVn0+fzvMNSF4\/Im\/b7Tyb\/MeEbvcK0T\/Bce7qykdgLyt7LY5HOem\/ie88ODZoxgjWo5PAtBb+QGi2stIQL9ZV8CwYbNfpxYan1RYMlEX7ePFNHngFdUHmk2qTcb0lkRjZ62pgvW6rukT9A69F5\/1VeRBdfG1CnGnJT\/jmcFApnAZtzHHTUWhT0VqD8zRafSAhridHWLy\/BTuoL9rpUzKdtE2zCNefLtCj3L6V1LQKSlcSHECliRSGwB7RJG3Zkqwgiy7Wd6Hgm7LiPoeAMtpaG35lk5Y1IjwMNgibXuv3dZAc26V4dtO6jl\/Zwf8Qx2mikJkKCJkndfqjPabp+6G+BQxgsyLg9XX2PGBuIMz6KXmS3PM6YoNGGzN7Gj8h48\/AbLD3bVigZOYAwhQgeBG99GKtzH7fw6YzywuROUvuzffon7ZmY47\/bB2hyP95eGd5Q7Q++sZJbXqdwuh2myvFq6YX99fLOH04MUJGMBw8Pni32CKdYcfl7QUm7bZzV1ZgO3tda9FQXCPGWsITuIqkhq0pHMNSDXlXqQGKmLsucSuCl6owf0zlzoH0L6ec9Y7Ra3ozn8Cm1Ahav4a0mrYFmNY0WI6dY9gW77PkGjmsT03Xtju4q2BUAsRQZqVk5c36+YExdxF7bCESWnw8bXobxoqwjRGlvbUvv7ii2SIuQ54Qe79hg20ksWu+jj4aER5yp+pfzLLdpnPDDUONo+d5+g9JwYqTdx4GsnzNIEtWByWyLxheXduLv5mCjzqozHMh8uUurRTFlGcFZaOT30dETeVARcAmKQzXh\/Avi4O6cgwgL219yN0PT8P89fbC8uHkODsp1ysdX9nn\/xeH6u1V3I61ggcdP\/dkN4IxI\/6SMkRedDOVje\/p+Q0oGa81DRHYysgjt+jVPxIkrQMRJJnMHgFjwgtMDyLfjV6NUwn5Wh+i1BGlgATurec6X1uc5iYI1WkHtyRNyxN4Ugrqr3T4aQkPXXAqyFkb\/8acZ2sMo0SXT7PJAU0SM8DlIsXPOLxSRUbHls4kQTxv8P24A5HHVO6Kg7SbuE6qOURMoWpdXlbwppykSokZYJK81SzOEEzMhkI\/nb+8V8UaZXIk4Mhg6dqplzIKrHzRQ7HMthl0JX3WRkkSFx3O8\/HwqYxYZ5TwA5qw219eaMsYWPZM0FWVhGxCz7NHmBoR4gJWv+6+nqJ2azCjYrB\/nATKbdy9B0q4OCsVDTmELHLullEn9uWX7sdGmsMht1WnYysLAhODymsnlyIIHlMnGNSLfe9Bp4WHA7nL0CfDUPDzcw1maNaRoPKvD7aP\/Id6Ep6K8S3+p23BZb+CcDmhrc4ZuYMPp3G\/1h\/fKcKuIftMFco3UpKP65a1mx9hqOh1\/X5FlTz5DkW2mI94T1KLhVKdQ0Hy4ibUAhv6m4iTHbUEc6DQr8QrQDSlxd6wZ\/WY3mwl5iYm3VTbctUiynDgQH1T5iOrchzHdQ3c3KPZvUQ8Dnggu2uwfr3Dxn2Fm6WX+Bo1WZcVCRg78pxXVkmrYEVddEQ0U2bP02Aqizuc84yJ9t9sE0B0GTcDzCqqjcLV\/xy9xYQuCvT1yo\/WoJvPknc0g0vsTqZMnxLdyEYWgcI\/w3hQongADE31aWAIT7B\/ytV5PXBW47tuS7yKVviLBUMfVRh8GBEKzAc1tL71aq04fy7HbvL2Fz5gZz18N0A2QGHQtPDUL8iNGHFAr1Cpu9QGgbuyyfa8qo7zF7ljCllA\/j2bHw5J5iOrGvEgCaoxzIx03Cp1pWiWBjUe3zh0Hb+\/hd+pAMIpqV91\/tfd2ySgTKZYAdx8GiegnKhWOWSMixhqfWHA\/uwVL1dpCRLeF6hSJXo7DGcZqfmpyYllFTv9GC1S6thGtbWSjPqzm\/xIMV0HXtYzXhgTGyhcoQdqKn5i5b\/mb7ixBvHmdyNYbngL3oGtisuaptFuoAc40gwrUW9rr9WC\/DRopKbFPx\/aLZXR\/OcWP8j8I00eHbynTE4iHRsbq3KuwUbWZUcIbQXh8BoROiPcwbcBz0e\/HWyfyzmKmGVT0vBh1qto7YCY5qtB5LwytaV6XRxvG9mnUnrRT\/iZ0KcnuKkri4NR69V6qgsQFr6Vuy+u93Z0s7nTR6yZUFY22bblPE6LwIDg7Mxd1fIeY55\/ys4mT0qHalIQZ15lYEqKMJ7ZD6SeuxySaf9ORJoo\/DHIiB9kjzXyceMWINAMicJ29If64OWphlUzK6Skl4bJJ9Tbg70vUkok+Q76kY0ySr6tWFwDKURuIExPY7PFAFojPy4rui1JINie92TS7Gx5NOMdBt7lDKYA5zlXQoHmyI3Ob+RNi+DOUZBS1Jmx1SGsvGbwLAgX85HRI\/KyOZNOqZyzj1cnZnpA4S7qEjQUFI8PrhaMSBSg9m6pkCnvrLgDwtwa3VfD\/dz4J9yrifYFa8GpSCIy\/3CnZZ0fzZVQLuQzdtCzHfU5BE6nwhmSiaeSvHFPko7sctXBqUsJ+LbJNiz3xRhUBwfq4ndiIy1P601JjlV\/tUs+Poz6XtaTpyLH1JEuL+Aw4zP0Mm77wHX1nb7P5ExUyRnJiufwyJzDe1YRmHORuAqgPi0oEFuxIiM47CebduQ5v5So2xxXBFBY3YBS5CShfKjqJistEQTFjO+5aXdZnT0zEvx68vGjVITyjbWcUf+f6uGsX\/mOHAqSHTa113vYovEadZSSzBL47SRUk01AgSgCR+pa5xXGuZxPhbyGbfgadVK4cO\/24N4qulw6xD+h8pv+bson8odSQCGaSCAT1WCZGG8Ytlan+9Qe5tObJzBcP02SIqFERnzBIhpapoAEy7b+9UUKgbN6UloxOPljDG+CR1nAc6zwvxLS09tDB7NuegBiPq2RSuQ1n7MXEvDZj\/cSgMpNP+SATxhPcXIE3yo9Hl0RXz+EO1mcG7Da6W6s5wCB3vVm+l+QimMzGsd25UI+D6Uz6G5EJhhRU\/hVylmOxkazT+d7eIksKgSEAtFUHeOsIgPDUcNMvFSpGWfN1aQ+ZrylTk4RcLpiUgLRWS5n8gEkZN7nQafgZm07GYtr+tBdtlM8XbKLRp\/HDuN0y63sudhAR5E4OT0aMwGLXJSUn\/soXpuvpvrGgVDanoz6LmkyMZpdTSzPUE+pEATo\/4KWyW1rfMDfFKVaIQ32clrMNxXPzA\/UgHEpNoHLT2wDuT\/UOwWDXN0+XYGqXoL4bRjMn+06c1Q9BXX0cKUHsfJvGLCV4TqnoVK\/EpKNVUiSU0j6yvYaCBSADUY4li7pzJeDCEv0VLJYSIJdgQHfgvUmkNcGtVPN20mOfBY8YuJndbOzj24HP5nXHSs0kv04Dv49D5Iqel8kiieuFQ5fjg0dMri9Fsz\/\/lt1ksCZ9fRSWqSgQdcOrWnmsiqnej7AJCj5DDn8q8+dfJ++sSSA8+5NNee0mwP+EBu+Dvv0J+9ndAKd4K3LFH7yzgNFqZkJwexQhHHwFLtKlXy6Zn04+iopRPzDlKWSOdx89CUea7WUivdYZtbcbtG8bvikt2KJBYJdD1EL53XFdjKk7FjxwhdHKrZbhSymT1Ievf2Oi7mXKUvBwDTWHp8dNYYWJJDT+qAtIY75Uuhb+tSK8JcdO1oaTmtXzADs5JaJdcSjoBlQMorQf0T\/XUL57hFTk+LqGIyNt6\/mxpY8AHZqxpFYX58EayRml3glAF2hNFD6mLuiXuPxauJVwf\/5ijBRcLW5oDB5CSXQITaQ99z9+QBT7\/Fo4tkuBWOzDTSvIN9tpyPsEESb0zneuPmCXfRF0\/mUK395G\/xdq+\/BRhI2EWITYCldbr1mB25aUWcWuMhkanP4ZaTdoGLsiV1ECl\/9ev0\/W7xsReNFDvM\/gH1TtcM2cuf+b4250+s9UVrfp9dvP97qoRwcdAcVWOYdTRMi\/0HdSSeJmWstpXNs39pnKjeg2gWV\/yzqLLaHQPHMlPsur7IZzC82IMws+TH2ypwm69qA0WvsuZuyalYpeGl1iZNCzqjGDmW6pf75DoPde6k0MseqRa4VEVAC9KuVzqKgV0SVlGazPvfk3RMiL1b0lyEsCq1wt5KDpifYYj7rXwEOtOXYY2bLgOH7trYH+4bSeXhZOfIM\/OjcmUvhUlWMjPpGBiVd441ZZu2xiXUD2wHW67QF\/Mdk3S1YpYiarvHciZ4Ueo7oDXKCzs0FU7xQYBnmdNDRST1094MkJ3KGHmXlQD61+jb7p0tWnzrjSw4658hE8ScpEALUJtZIWaGirO9b\/bW4HYbNXR9fH4PpSXx8EtZN67yyzKODYC7Ch8wxgUOqrz6tRIiLrS8HUYz69WlOMlcnHI6J4vkRJfvvHakdbfDBRyLknGUo+eejEfrStiZWeYeHr8UJ1xgAME0OEBdQCiBNYY3WDKlAFumx6thyoY1OuklpL+kLO1v92EDE2TSs86X2hEbP4pOPRWJ4yfZQ5FdOuCBNBDEBVnWRwaoY4bVR+rg9oLq8y7RyC4O19Vi7y3L0NaxDMqybUFL1TIOWdoPZVGwvbdXPQPGwUeuZu0xL0BUA9LdD9pnNU9ehtJYHwKPoRgukhW+rkDRfeHVbMFxEvptW+IPTMdnXubeXEXTgGt7G5gbprSgMnYCBWydkuLrr1UVMog2aOOFunbu0dVM3t5Kyz7SfrThKIETOtG6Tbb7O8H773Y6Caxp8hD8seLGdYGhNcjZJmT0W5KOaKmDMNEvyJsycjhXlB9g1s8aJbFN1zlPLZssIHyNL2WrbzSqYZjJIj48KQqJPF5bCo8YHQ9UNNevLNfCCe+aDRiGGb8clT59wEqu9uTOfEuYm7BEKikaSrg0b2PkuIlqILXDkCXAVW3qs3zq\/m422OZkxzstZXi6m9whiXPTyyTHrUpeMTyVKfgSbjkoLI41spoFzp1DRr6xxEZ\/BRqdkxgix3Or6JG344aNAYdtQc1OH9kiolmubYf5r+4WDHHw861J8mdSoI16xt\/IqaIn8wtBadX7x0PUaM1w3RqeVRr1DBNN2YebuNVzvZ\/1QFHdy1vBTZkdGZJlRBI+5N7xvZks+Qg5mCbYIDRXsU\/A8d+EEt7BMi1ThWL\/PsWcOGmi9qq+Qzbzi8M26iV4Uvcov3NBwD58x4IT6rMQtP1uGxdWex8f1wXkALO0cNSd9xuzKE\/Hm4a75NcCHYGjcB8EAuJ\/S+t4UK1OPfUpyo\/X50kLMNFq8SVdGPbdm5MtMMfHLGsQt0EPlAswm++nB++9joLLD2L+Mo07QBeC9bkx3BJMABNm2BqUU1yzK12ienoINTpsvm+MGlQAHjQrUMhJ+inU01vHw9+4YXwVeV3rcFaZFZPDA+NqbGeuXW0i8R\/NJuEFMsli47cuQk17QSvvL0fOKxkRgLcceHpv+zybQtZYjciMjdzuAw51RJueiBW59+BrVSWDvS\/8D3EeYsWxSH8Yd3LHzn50QibsD1WyK+vUXJYqiFnP7MEUyzmdDH2t+haif4FiPucCW8N9Rwjl7OV6d\/8dt5RwGrO8q6WtGfhaZO\/pvRxOY6QetiYEt70FBD3BocNFac97Mcm8oq5AI0me9QOCU2fP+fycM3Fg1e+zZioE1JwJ0x7hCOUfvSTAC2sx5drW82vNEi\/Jc5BOs5ZmPep29qRHTrlcH23D04nbPz6qKtuUYBwG3IEuLcBdlavyJCKRIEV90VC4LZ32a5uPkxrRHvuChmdcsKwkiiT3BE562xpcFv9NtzP3ePBRKq2fFP33yCecvYe8Wvq6fIJZLV0LjSJWjMvB8ioRTziA24juLVfv+0ylbiH+KjBf4xT3zyA626oDXpDWD7RIu086ctJxAL7ekMkl8tol5APFw6JDPp0kNX+te68G1L8vxRQRpizqYWcFv0ic8XPAp7\/+gTSAa8k2VL39fCX4PuxkPETm\/p9IwzekffzhDTtC9iwur2js+vS\/Ng1uZTf8y6qfc7eHA0d+\/YFJB0u8kURsq6CXZYe0L+AVJ2HV\/WB3YJeIDmHCoXlu6E4nD8L96wPlOhuEHa+9Kx2OhkOMJ+kYkVxAeXeMb9mZjwkR1PMrQh7MYybS5zFYNvVhePZDVfbA\/4Dl8ha3dfZAUisYMv0axg\/dnSMbF6\/G86l8KCFVsBQShw3AnlMTGju4COoYXXsbLh\/AavXimSDNQYuh1Wba+VtS\/2XaxKxfLjLCWH6xFQzBCfPbZvdlV9ac1TY3YnxWGvQZ1fzncJo0IBQRzFF4471tytCpQ0QDtJ3JzoZXIDzsJai99vq5gTBlUzycaTbb9q1tPga3nk+7T04RgHKpX2GM7\/b8QHHqG3ySiTIeAnGJww0GXT4i1Xqdq6EpaRsdmiFD+qofUXSin5BrIEsPqjctC16gknU3AjUuyobDTTsR1\/urTg9kDQ6Z6z4uObZHKc7zZVHW0no4gkDHFLVNKfFyaTSyZCAEIplydM8Dqw4WucuzmSihWkYFQcHEPTL97hFwz9W1win1ZlGg0TmLdDDivXNrleboPCX3sHnw9vLcaVPk6IM3pW1VBEmRneHI1V4VoRhdphCMKhzQ5FMNfWimYPMm0I7X+\/U\/5lbEaRiG6keKK6lJL2lO0PbpRFUUF8TLjtxQNIuCEHfVLZMU2lprn0pk7eqBPpdoAAdGcbbb6SkrkuI5iTItreGpBatzXnQWgYVfSJQ9GwFsUDBrCAwmLW47sA6MPINJePOtgaot5Q\/+WkQEHmcsAMJ5NmDoUq5WxV9Y7H36raxL5YAesdPs7UKCCh3pPI\/0dUqzSA7iLofy\/6qzPJ900ZiK4v34rjEAM+Xs0cwEBUYp+LyTOXWSsJBOXcATR25MKSyWZKRea+ElISY5Fb6AIqKBeEyMw2mFuZo5aMj1oxJEAchgycaHoEZxg8JodapFZISTXA4GzfH8l\/0OT2GMVx6qpE=","iv":"d0cd4290d15f9789f42d9a664242d719","s":"4a62c655f1abd19a"}
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