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Farfetch launches employee share scheme as it delivers profits

Farfetch is offering share options for all its 1,300 employees in 11 offices as it confirms the three months to 31 December delivered significant underlying profitability.

The group grew sales through its platform by 70% for the 12 months to 31 December compared with the previous year.

The incentive plan equates to an investment of $40m (£32m), which is the single largest investment the company has made to date.

José Neves, founder and chief executive, said: “We are very proud of our achievements and want to reward our people who have helped bring them to fruition.”

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