Report: Farfetch to Sell Violet Grey?

Violet Grey carries brands such as Augustinus Bader, Chanel, Giorgio Armani and Tom Ford.
Violet Grey carries brands such as Augustinus Bader, Chanel, Giorgio Armani and Tom Ford.
Violet Grey's Instagram

Farfetch is reportedly considering a sale of its LA-based beauty retailer, Violet Grey, which it acquired in January 2022, according to Vogue Business.

Violet Grey carries brands such as Augustinus Bader, Chanel, Giorgio Armani and Tom Ford.

Farfetch reportedly announced earlier this year that Violet Grey's assets and revenue represented less than 1% of its consolidated revenue for the fiscal year ending Decmeber 31, 2022.

Farfetch CEO Jose Neves confirmed in August of this year that the platform was exiting beauty.

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