Farfetch(FTCH) - 2023 Q2 - Earnings Call Transcript

Operator Douglas Anmuth The U.S., I don't think this is Farfetch specific. You've seen the luxury industry, many luxury companies in double-digit negative in the U.S., wholesale doing worse than direct-to-consumer. And that's what we see also in our business. In fact, the good news is that the U.S. is accelerating sequentially and we are in single-digit negative. It's still a negative. And therefore, this is obviously less buoyant than what we would have hoped for. Operator Jose Neves Overall, even includin ...