Farfetch CEO Neves on AI, Competition and Brexit

Farfetch CEO Neves on AI, Competition and Brexit

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses Amazon's challenge in entering the luxury market and Farfetch's role as a global luxury fashion platform. Farfetch leverages AI and data for targeted marketing and personalization, using a mix of digital and PR strategies. The competitive landscape includes platform companies like Instagram. Amazon's success in fashion is noted, but luxury remains a challenge due to its emotional and aesthetic components. Brexit's impact on Farfetch is minimal due to its global operations, but talent acquisition remains a concern.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of PR and communications in Farfetch's marketing strategy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Farfetch face with Amazon's presence in the fashion industry?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Brexit impacted Farfetch's operations and talent acquisition?

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