Violet Grey/Facebook
In an earnings call, Farfetch CEO Jose Neves confirmed that the platform is exiting beauty.
"[W]e have made a range of business decisions, including discontinuing beauty as a category on the marketplace and exploring strategic options for Violet Grey," Neves said.
Farfetch opened its beauty hub in the spring of 2022.
The platform had previously acquired beauty specialist Violet Grey in January 2022.