Farfetch boss José Neves: ‘The magic of bricks-and-mortar shops will never die’

Farfetch CEO José Neves tells the Telegraph about the business’s plans and why physical stores are still vital to luxury retail. “Around 90% of luxury goods are still sold in shops,” he says. “It is changing but I think we will reach a maximum of 25% to 35% of luxury goods sold online. So, at the end of the day, around two thirds of sales will still be in physical shops.”

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