Farfetch (FTCHQ) 20-F 4 Mar 22 2021 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2021shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Trading Symbol	FTCH
Entity Registrant Name	Farfetch Ltd
Entity Central Index Key	0001740915
Title of 12(b) Security	Class A ordinary shares, par value $0.04 per share
Entity Incorporation, State or Country Code	E9
Security Exchange Name	NYSE
Current Fiscal Year End Date	--12-31
Entity Interactive Data Current	Yes
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Voluntary Filers	No
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Entity File Number	001-38655
Entity Address, Address Line One	The Bower
Entity Address, Address Line Two	211 Old Street
Entity Address, City or Town	London
Entity Address, Postal Zip Code	EC1V 9NR
Entity Address, Country	GB
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Registration Statement	false
Document Accounting Standard	International Financial Reporting Standards
Auditor Name	PricewaterhouseCoopers LLP
Auditor Location	London, United Kingdom
Auditor Firm ID	876
Business Contact
Document Information [Line Items]
Contact Personnel Name	James L. MaynardChief Legal Officer & General Counsel
Entity Address, Address Line One	Farfetch Limited
Entity Address, Address Line Two	The Bower
Entity Address, Address Line Three	211 Old Street
Entity Address, City or Town	London
Entity Address, Postal Zip Code	EC1V 9NR
Entity Address, Country	GB
Contact Personnel Email Address	IR@farfetch.com
Class A Ordinary Shares
Document Information [Line Items]
Entity Common Stock Shares Outstanding	337,923,238
Class B Ordinary Shares
Document Information [Line Items]
Entity Common Stock Shares Outstanding	42,858,080

Consolidated statements of oper

Consolidated statements of operations - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Income Statement [Abstract]
Revenue		$ 2,256,608	$ 1,673,922	[1]	$ 1,021,037	[1]
Cost of revenue		(1,240,097)	(902,994)	[1]	(561,191)	[1]
Gross profit		1,016,511	770,928	[1]	459,846	[1]
Selling, general and administrative expenses	[1]	(1,480,968)	(1,351,483)		(889,421)
Impairment losses on tangible assets		0	(2,991)	[1]	0	[1]
Impairment losses on intangible assets		(11,779)	(36,269)	[1]	0	[1]
Operating loss	[2]	(476,236)	(619,815)	[1]	(429,575)	[1]
Gain/(loss) on items held at fair value and remeasurements		2,023,743	(2,643,573)	[1]	21,721	[1]
Share of results of associates		(52)	(74)	[1]	366	[1]
Finance income		12,599	24,699	[1]	34,382	[1]
Finance costs	[1]	(86,441)	(91,294)		(19,232)
(Loss)/profit before tax	[3]	1,473,613	(3,330,057)	[1],[4]	(392,338)	[1],[4]
Income tax (expense)/benefit		(3,002)	14,434	[1],[3],[4]	(1,162)	[1],[3],[4]
(Loss)/profit after tax		1,470,611	(3,315,623)	[1]	(393,500)	[1]
(Loss)/profit after tax attributable to:
Equity holders of the parent		1,466,487	(3,333,171)	[1]	(405,109)	[1]
Non-controlling interests		4,124	17,548	[1]	11,609	[1]
(Loss)/profit after tax		$ 1,470,611	$ (3,315,623)	[1]	$ (393,500)	[1]
(Loss)/earnings per share attributable to owners of the parent
Basic		$ 4.02	$ (9.69)	[1],[3]	$ (1.27)	[1]
Diluted		$ (1.07)	$ (9.69)	[1],[3]	$ (1.27)	[1]
Weighted-average shares outstanding
Basic		364,696,712	343,829,481	[1],[3]	318,843,239	[1]
Diluted		472,357,995	343,829,481	[1],[3]	318,843,239	[1]
[1]	Refer to Note 2, Significant accounting policies
[2]	( 1 ) Significant accounting policies , for detail on the revision of prior year comparatives .
[3]	Refer to Note 2, Significant accounting policies .
[4]	Previously reported comparatives for the years ended December 31, 2020 and 2019 have been re-presented for comparability with condensed disclosure for the year ended December 31, 2021.

Consolidated statements of comp

Consolidated statements of comprehensive loss - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	[1]	Dec. 31, 2019
Statement Of Comprehensive Income [Abstract]
(Loss)/profit after tax for the year		$ 1,470,611	$ (3,315,623)		$ (393,500)	[1]
Items that may be subsequently reclassified to the consolidated statement of operations (net of tax):
Exchange (loss)/gain on translation of foreign operations		(20,017)	23,903		(7,333)	[1]
Loss on cash flow hedges recognized in equity		(12,825)	(4,227)		(11,863)	[1]
Loss/(gain) on cash flow hedges reclassified and reported in net (loss)/profit		(11,951)	17,612		8,337	[1]
Gain/(loss) on cash flow hedges recognized in equity - time value		(2,552)	2,552
Items that will not be subsequently reclassified to the consolidated statement of operations (net of tax):
Impairment loss on investments	[1]				(100)
Remeasurement loss on severance plan		(77)	(24)		(58)	[1]
Other comprehensive (loss)/income for the year, net of tax		(47,422)	39,816		(11,017)	[1]
Total comprehensive (loss)/income for the year, net of tax		1,423,189	(3,275,807)		(404,517)	[1]
Total comprehensive (loss)/income attributable to:
Equity holders of the parent		1,421,809	(3,293,687)		(416,126)	[1]
Non-controlling interests		1,380	17,880		11,609	[1]
Total comprehensive (loss)/income for the year, net of tax		$ 1,423,189	$ (3,275,807)		$ (404,517)	[1]
[1]	Refer to Note 2, Significant accounting policies

Consolidated statements of fina

Consolidated statements of financial position - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Non-current assets
Other receivables		$ 31,225	$ 58,081	[1]
Deferred tax assets		13,334	13,556	[1]
Intangible assets		1,359,657	1,279,328	[1]
Property, plant and equipment		97,063	89,082	[1]
Right-of-use assets		195,549	179,227	[1]
Investments		17,937	8,278	[1]
Investments in associates		69	2,319	[1]
Total non-current assets		1,714,834	1,629,871	[1]
Current assets
Inventories		255,664	145,309	[1]
Trade and other receivables		374,706	209,946	[1]
Current tax assets		10,201	2,082	[1]
Short-term investments		99,971
Derivative financial assets		8,010	30,242	[1]
Cash and cash equivalents		1,363,128	1,573,421	[1]
Total current assets		2,111,680	1,961,000	[1]
Total assets		3,826,514	3,590,871	[1]
Non-current liabilities
Provisions		60,545	129,113	[1]
Deferred tax liabilities		156,025	182,463	[1]
Lease liabilities		180,915	165,275	[1]
Employee benefit obligations		12,948	26,116	[1]
Derivative financial liabilities		872,428	2,996,220	[1]
Borrowings	[1]	515,804	617,789
Put and call option liabilities		836,609	348,937	[1]
Other financial liabilities		13,367	4,853	[1]
Total non-current liabilities		2,648,641	4,470,766	[1]
Current liabilities
Trade and other payables		806,406	666,144	[1]
Provisions		14,585	27,146	[1]
Current tax liability		5,189	3,098	[1]
Lease liabilities		33,594	26,128	[1]
Employee benefit obligations		8,296	38,286	[1]
Derivative financial liabilities		21,118	17,427	[1]
Put and call option liabilities		8,321
Other financial liabilities		9,748	518	[1]
Total current liabilities		907,257	778,747	[1]
Total liabilities		3,555,898	5,249,513	[1]
(Deficit)/equity
Share capital		15,231	14,168	[1]
Share premium		1,641,674	927,931	[1]
Merger reserve		783,529	783,529	[1]
Foreign exchange reserve		(24,544)	(7,271)	[1]
Other reserves (1)	[1]	59,520	467,565
Accumulated losses (1)	[1]	(2,386,802)	(4,013,120)
(Deficit)/equity attributable to owners of the parent		88,608	(1,827,198)	[1]
Non-controlling interests		182,008	168,556	[1]
Total (deficit)/equity		270,616	(1,658,642)	[1]
Total (deficit)/equity and liabilities		$ 3,826,514	$ 3,590,871	[1]
[1]	Refer to Note 2, Significant accounting policies .

Consolidated statement of chang

Consolidated statement of changes in equity/(deficit) - USD ($) $ in Thousands	Total		Farfetch China Holdings Ltd	Share Capital	Share Premium	Merger Reserve	Foreign Exchange Reserve	Other Reserves	Other ReservesFarfetch China Holdings Ltd	Accumulated Losses		Equity/(Deficit) Attributable to Owners of the Parent		Equity/(Deficit) Attributable to Owners of the ParentFarfetch China Holdings Ltd	Non- controlling Interest
Beginning balance at Dec. 31, 2018	$ 1,128,431			$ 11,994	$ 772,300	$ 783,529	$ (23,509)	$ 67,474		$ (483,357)		$ 1,128,431
Changes in equity/(deficit)
(Loss)/profit after tax for the year | As Previously Reported	(373,688)
(Loss)/profit after tax for the year	(393,500)	[1]								(405,109)	[2]	(405,109)	[2]		$ 11,609
Other comprehensive (loss)/income	(11,017)						(7,333)	(3,684)				(11,017)
Total comprehensive (loss)/income for the year, net of tax	(404,517)	[1]					(7,333)	(3,684)		(405,109)		(416,126)			11,609
Loss (Gain) on cashflow hedge transferred to inventory	142							142				142
Issue of share capital, net of transaction costs	500,402			1,590	105,707			393,105				500,402
Share-based payment – equity-settled	123,224							76,383		46,841		123,224
Share-based payment- reverse vesting shares (1)	(62,834)							(62,834)				(62,834)
Transaction with non-controlling interests	(101,311)							(101,311)				(101,311)
Non-controlling interest arising from a business combination	158,617							393,853							158,617
Non-controlling interest call/put option	(4,322)									(4,322)		(4,322)
Ending balance (As Previously Reported) at Dec. 31, 2019	1,337,832			13,584	878,007	783,529	(30,842)	349,463		(826,135)		1,167,606			170,226
Ending balance (Increase (decrease) due to corrections of prior period errors [member]) at Dec. 31, 2019								19,812		(19,812)
Ending balance at Dec. 31, 2019	1,337,832			13,584	878,007	783,529	(30,842)	369,275		(845,947)		1,167,606			170,226
Dividends paid to non-controlling interests	(20,515)														(20,515)
Changes in equity/(deficit)
(Loss)/profit after tax for the year | As Previously Reported	(3,333,071)
(Loss)/profit after tax for the year	(3,315,623)	[1]								(3,333,171)		(3,333,171)			17,548
Other comprehensive (loss)/income	39,816						23,571	15,913				39,484			332
Total comprehensive (loss)/income for the year, net of tax	(3,275,807)	[1]					23,571	15,913		(3,333,171)		(3,293,687)			17,880
Loss (Gain) on cashflow hedge transferred to inventory	(1,213)							(1,213)				(1,213)
Issue of share capital, net of transaction costs	55,316			584	49,924			4,808				55,316
Share-based payment – equity-settled	218,688							52,690		165,998		218,688
Share-based payment- reverse vesting shares (1)	26,092							26,092				26,092
Non-controlling interest arising from a business combination	965							4,808							965
Dividends paid to non-controlling interests	(20,515)														(20,515)
Ending balance (As Previously Reported) at Dec. 31, 2020	(1,676,090)			14,168	927,931	783,529	(7,271)	447,753		(4,010,756)		(1,844,646)			168,556
Ending balance (Increase (decrease) due to corrections of prior period errors [member]) at Dec. 31, 2020	17,448							19,812		(2,364)		17,448
Ending balance at Dec. 31, 2020	(1,658,642)	[3]		14,168	927,931	783,529	(7,271)	467,565		(4,013,120)		(1,827,198)			168,556
Early conversion of convertible loan notes	631,629			653	630,976							631,629
Dividends paid to non-controlling interests	(23,016)														(23,016)
Changes in equity/(deficit)
(Loss)/profit after tax for the year	1,470,611									1,466,487		1,466,487			4,124
Other comprehensive (loss)/income	(47,422)						(17,273)	(27,405)				(44,678)			(2,744)
Total comprehensive (loss)/income for the year, net of tax	1,423,189						(17,273)	(27,405)		1,466,487		1,421,809			1,380
Loss (Gain) on cashflow hedge transferred to inventory	2,066							2,066				2,066
Issue of share capital, net of transaction costs	333			333								333
Share-based payment – equity-settled	221,113							61,282		159,831		221,113
Share-based payment- reverse vesting shares (1)	30,191			51	54,626			(24,486)				30,191
Non-controlling interest arising from a business combination	(18,514)							(11,613)				(11,613)			(6,901)
Non-controlling interest call/put option	(150,070)		$ (744,163)					(150,070)	$ (744,163)			(150,070)		$ (744,163)
Non-controlling interest arising on purchase of asset	74,240			20	23,767							23,787			50,453
Share issued on purchase of subsidiary	4,380			6	4,374							4,380
Step acquisition	2,434														2,434
Capital contribution from non-controlling interests, net of transaction costs	474,988							488,863				488,863			(13,875)
Other	458							(2,519)				(2,519)			2,977
Dividends paid to non-controlling interests	(23,016)														(23,016)
Early conversion of convertible loan notes	631,629			653	630,976							631,629
Ending balance at Dec. 31, 2021	$ 270,616			$ 15,231	$ 1,641,674	$ 783,529	$ (24,544)	$ 59,520		$ (2,386,802)		$ 88,608			$ 182,008
[1]	Refer to Note 2, Significant accounting policies
[2]	See Note 2, Significant Accounting Policies , for detail on the revision of prior year comparatives.
[3]	Refer to Note 2, Significant accounting policies .

Consolidated statement of cash

Consolidated statement of cash flows - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Cash flows from operating activities
Operating loss	[1]	$ (476,236)		$ (619,815)	[2]	$ (429,575)	[2]
Adjustments to reconcile operating loss to net cash (outflow)/inflow from operating activities:
Depreciation		49,564		39,366		28,536
Amortization		201,634		177,857		85,055
Non-cash employee benefits expense	[1]	219,932		168,347		158,007
Net gain on sale of non-current assets						(144)
Net exchange differences						(842)
Impairment losses on tangible assets				2,991
Impairment losses on intangible assets		11,779		36,269
Impairment of investments		134		235		5,000
Changes in working capital
Increase in receivables		(164,656)		(15,833)		(51,273)
Increase in inventories		(104,838)		(16,471)		(29,723)
Increase in payables		115,025		280,454		113,716
Changes in other assets and liabilities
Decrease/(increase) in non-current receivables		13,551		(1,453)		3,723
Increase/(decrease) in other liabilities		(44,227)		59,640		11,575
(Decrease)/increase in provisions		(68,128)		85,001		(4,252)
(Decrease)/increase in derivative financial instruments		5,663		(15,052)		(117)
Income taxes paid		(41,351)		(65,221)		(16,328)
Net cash (outflow)/inflow from operating activities		(282,154)		116,315		(126,642)
Cash flows from investing activities
Acquisition of subsidiaries, net of cash acquired		(27,295)		(12,016)		(461,691)
Payments for property, plant and equipment		(28,854)		(26,839)		(39,512)
Proceeds on disposal of property, plant and equipment						272
Payments for intangible assets		(167,707)		(94,105)		(72,985)
Interest received		2,994		3,131		11,259
Investment in short-term investments		(100,000)
Dividends received from associate				60
Payments for investments		(9,794)		(2,872)		(20,846)
Net cash outflow from investing activities		(330,656)		(132,641)		(583,503)
Cash flows from financing activities
Proceeds from issue of shares, net of issue costs				50,000
Proceeds from exercise of employee share-based awards		36,833		62,899		8,654
Transaction costs paid relating to capital contribution from non-controlling interest		(25,000)
Repayment of the principal elements of lease payments		(26,251)		(19,051)		(19,127)
Proceeds from borrowings, net of issue costs				1,241,861
Dividends paid to holders of non-controlling interests		(23,016)		(20,515)
Interest and fees paid on loans		(32,791)		(54,154)		(4,776)
Acquisition of non-controlling interests		(18,514)
Settlement of equity-based awards		(6,119)
Capital contribution from non-controlling interest		500,000
Net cash (outflow)/inflow from financing activities		405,142		1,261,040		(15,249)
Net (decrease)/increase in cash and cash equivalents		(207,668)		1,244,714		(725,394)
Cash and cash equivalents at the beginning of the year		1,573,421	[3]	322,429		1,044,786
Effects of exchange rate changes on cash and cash equivalents		(2,625)		6,278		3,037
Cash and cash equivalents at end of year		$ 1,363,128		$ 1,573,421	[3]	$ 322,429
[1]	( 1 ) Significant accounting policies , for detail on the revision of prior year comparatives .
[2]	Refer to Note 2, Significant accounting policies
[3]	Refer to Note 2, Significant accounting policies .

Corporate information

Corporate information	12 Months Ended
	Dec. 31, 2021
Disclosure Of Corporate Information [Abstract]
Corporate information	1. Corporate information Farfetch Limited (the “Company”) is an exempted company incorporated with limited liability under the Companies Act (as amended) of the Cayman Islands, as amended and restated from time to time (the “Companies Act”). The principal place of business is The Bower, 211 Old Street, London, EC1V 9NR, United Kingdom. Farfetch Limited and its subsidiary undertakings (the “Group”) is principally engaged in the following: • providing an online marketplace at Farfetch.com (and related suffixes) as well as the Farfetch app for retailers and brands to be able to offer their products for sale to the public (including associated services such as ‘production’, logistics, customer services and payment processing); • web design, build, development and retail distribution for retailers and brands to enable them to offer their products to the public; • operating the company-owned stores (Browns, New Guards, Stadium Goods) and the branded (Off-White, Ambush) stores; • providing a platform for the development of global luxury fashion brands. Effects of the COVID-19 pandemic Since early 2020, the world has been, and continues to be, impacted by COVID-19 and its variants. The extent of these impacts on our financial and operating results will be dictated by the length of time that the pandemic and the related counter-measures continue for, in addition to individuals’ and companies’ risk tolerance regarding health matters going forward. The impact of the COVID-19 pandemic and actions taken in response to it had varying effects on our 2020 operating results. Since the onset of the pandemic, there has been an acceleration in the shift of consumer demand to online, which the Group has partially benefited from. This has continued during the year ended December 31, 2021. In 2020, this also resulted in Digital Platform revenue growth. This growth in revenue was partially offset by the performance in Brand Platform revenue which has been impacted by Brand Platform customers having to close at various times during 2020. In light of the COVID-19 pandemic, the Group has considered the impact on the Consolidated financial statements and where appropriate any impacts have been reflected in the financial statements. These financial statements were authorized for issue by the Board on March 4, 2022.

Significant accounting policies

Significant accounting policies	12 Months Ended
	Dec. 31, 2021
Disclosure Of Accounting Policies [Abstract]
Significant accounting policies	2. 2.1. The Consolidated financial statements of the Group have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). These Consolidated financial statements have been prepared under the historical cost convention, except as modified by the revaluation of certain financial assets and financial liabilities at fair value through profit and loss and fair value through other comprehensive income. The Directors have made an assessment of the Group’s ability to continue in operational existence for the foreseeable future and are satisfied that it is appropriate to continue to adopt the going concern basis of accounting in preparing the Consolidated financial statements. The Consolidated financial statements are presented in U.S. dollars (“U.S. dollars” or “USD” or “$”). All values are rounded to the nearest 1,000 dollars, except where indicated. The tables in these notes are shown in USD thousands, except where indicated. Effective January 1, 2019, we adopted the requirements of IFRS 16 - Leases Correction of a misstatement in calculating interest expense During the preparation of the Group’s condensed Consolidated financial statements for the three months ended March 31, 2021, an overstatement of $17.4 million was identified in relation to the accounting for interest expense reported in our results for the year ended December 31, 2020, relating to a calculation error. As compared to what was previously reported, the correction to reduce the Finance costs line item by $17.4 million also results in a $17.4 million decrease in loss after tax, and a decrease in the basic and diluted loss per share of $0.06 for the annual period ended December 31, 2020. The correction also resulted in the reduction by $17.4 million of the Non-current borrowings line in the Consolidated statement of financial position on December 31, 2020. The results for the year ended December 31, 2019 were not impacted by this correction. This revision had no impact on gross profit or operating loss in the periods mentioned, and had no impact on total assets, total deficit and liabilities, or total cash flows in the periods mentioned. The Company evaluated these amounts and concluded that while they are immaterial to reissue the previously reported Consolidated financial statements, they should be corrected by revising the previously reported financial information when such amounts are presented for comparative purposes. Correction of a misstatement in calculating share-based payment expense During the preparation of the Group’s Consolidated financial statements for the year ended December 31, 2021, an understatement of $19.8 million was identified in relation to the accounting for share-based compensation expense reported in our results for the year ended December 31, 2019. This non-cash equity-based compensation error related to the incorrect timing of recognition of expense for certain awards granted to Stadium Goods and NGG employees when those businesses were acquired. The expense was initially recognized on a straight-line attribution basis. Upon further review, management determined that the non-cash equity-based compensation expense for such awards should have been recognized on a tranche-by-tranche basis ("graded vesting model") because the awards can only be exercised at certain periods if the employee remains employed with the Company. The impact of correcting the attribution shifts the non-cash equity-based compensation expense to earlier reporting periods, while the total cumulative expense expected to be recognized over the service period will remain the same. As compared to what was previously reported, the correction to increase share-based compensation expenses recorded within the Selling, general and administrative expenses line item by $19.8 million also results in a $19.8 million increase in operating loss, loss after tax, and an increase in the basic and diluted loss per share of $0.06 for the annual period ended December 31, 2019. The correction also resulted in offsetting increases by $19.8 million of both Other reserves and Accumulated losses within equity within the Consolidated statement of financial position on December 31, 2019. The impacts on the results for the years ended December 31, 2021 and 2020 were insignificant individually and in the aggregate for adjustment. This revision had no impact on gross profit, total assets, total equity and liabilities, or total cash flows as of and for the years ended December 31, 2021, 2020, and 2019. The Company evaluated these amounts and concluded that while they are immaterial to reissue the previously reported Consolidated financial statements, they should be corrected by revising the previously reported financial information when such amounts are presented for comparative purposes. The error has been corrected by revising each of the affected financial statement line items for the 2019 comparative periods presented. The tables below detail the impact of both revisions on the impacted financial statement line items for the comparative periods presented. Year ended December 31, 2020 The impact on our Consolidated statement of financial position was as follows: December 31, 2020 (as previously reported) Share Based Payment expense Adjustment Interest expense Adjustment December 31, 2020 (revised) Non-current liabilities Borrowings $ 635,237 $ - $ (17,448 ) $ 617,789 Total non-current liabilities 4,488,214 - (17,448 ) 4,470,766 Total liabilities 5,266,961 - (17,448 ) 5,249,513 Other reserves 447,753 19,812 - 467,565 Accumulated losses (4,010,756 ) (19,812 ) 17,448 (4,013,120 ) Total deficit (1,676,090 ) - 17,448 (1,658,642 ) Total deficit and liabilities $ 3,590,871 $ - $ - $ 3,590,871 The impact on our Consolidated statement of operations was as follows: Year ended December 31, 2020 (as previously reported) Share Based Payment expense Adjustment Interest expense Adjustment Year ended December 31, 2020 (revised) Finance costs $ (108,742 ) $ - $ 17,448 $ (91,294 ) Loss before tax (3,347,505 ) - 17,448 (3,330,057 ) Income tax benefit 14,434 - - 14,434 Loss after tax $ (3,333,071 ) $ - $ 17,448 $ (3,315,623 ) (Loss)/profit after tax attributable to: Equity holders of the parent (3,350,619 ) - 17,448 (3,333,171 ) Non-controlling interests $ 17,548 $ - $ - $ 17,548 The impact on our Basic and Diluted earnings per share was as follows: Year ended December 31, 2020 (as previously reported) Share Based Payment expense Adjustment Interest expense Adjustment Year ended December 31, 2020 (revised) Loss per share attributable to owners of the parent Basic (9.75 ) - 0.06 (9.69 ) Diluted (9.75 ) - 0.06 (9.69 ) Year ended December 31, 2019 The impact on our Consolidated statement of financial position was as follows: December 31, 2019 (as previously reported) Share based Payment expense Adjustment December 31, 2019 (revised) Total liabilities $ 890,047 $ - $ 890,047 Other reserves 349,463 19,812 369,275 Accumulated losses (826,135 ) (19,812 ) (845,947 ) Total equity 1,337,832 1,337,832 Total equity and liabilities $ 2,227,879 $ - $ 2,227,879 The impact on our Consolidated statement of operations was as follows: Year ended December 31, 2019 (as previously reported) Share based Payment expense Adjustment Year ended December 31, 2019 (revised) Selling, general and administrative expenses $ (869,609 ) $ (19,812 ) $ (889,421 ) Loss before tax (372,526 ) (19,812 ) (392,338 ) Income tax benefit (1,162 ) - (1,162 ) Loss after tax $ (373,688 ) $ (19,812 ) $ (393,500 ) (Loss)/profit after tax attributable to: Equity holders of the parent (385,297 ) (19,812 ) (405,109 ) Non-controlling interests $ 11,609 $ - $ 11,609 The impact on our Basic and Diluted earnings per share was as follows: Year ended December 31, 2019 (as previously reported) Share based Payment expense Adjustment Year ended December 31, 2019 (revised) Loss per share attributable to owners of the parent Basic (1.21 ) (0.06 ) (1.27 ) Diluted (1.21 ) (0.06 ) (1.27 ) 2.2. The Consolidated financial statements comprise the Consolidated financial statements of the Group and its subsidiaries. Control is achieved when the Group is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Generally, there is a presumption that a majority of voting rights results in control. To support this presumption and when the Group has less than a majority of the voting or similar rights of an investee, the Group considers all relevant facts and circumstances in assessing whether it has power over an investee, including: • The contractual arrangement with the other vote holders of the investee; • Rights arising from other contractual arrangements; and • The Group’s voting rights and potential voting rights. The Group re-assesses whether or not it controls an investee if facts and circumstances indicate that there are changes to one or more of the three elements of control. Consolidation of a subsidiary begins when the Group obtains control over the subsidiary and ceases when the Group loses control of the subsidiary. Assets, liabilities, income and expenses of a subsidiary acquired or disposed of during the year are included in the Consolidated financial statements from the date the Group gains control until the date control ce a ses . Profit or loss and each component of other comprehensive income (“OCI”) are attributed to the equity holders of the parent of the Group and to the non-controlling interests. When necessary, adjustments are made to the consolidated financial statement of subsidiaries to bring their accounting policies into line with the Group’s accounting policies. All intra-group assets and liabilities, equity, income, expenses and cash flows relating to transactions between members of the Group are eliminated in full on consolidation. A change in the ownership interest of a subsidiary, without a loss of control, is accounted for as an equity transaction. 2.3. a) Business combinations are accounted for using the acquisition method. The cost of an acquisition is measured as the aggregate of the consideration transferred measured at acquisition date fair value and the amount of any non-controlling interests in the acquiree. For each business combination, the Group measures the non-controlling interests in the acquiree at the proportionate share of the acquiree’s identifiable net assets. When the Group acquires a business, it assesses the financial assets and liabilities assumed for classification and designation in accordance with the contractual terms, economic circumstances and pertinent conditions as at the acquisition date. Any contingent consideration to be transferred by the Group is recognized at fair value at the acquisition date and is subsequently measured at fair value with changes in fair value recognized in profit or loss. Refer to Note 5, Business Combinations b) The Group recognizes an investment in associate when the Group has a significant influence over that entity. Significant influence is the power to participate in the financial and operating policy decisions of the investee, but is not control or joint control over those policies. The Group’s investments in its associates, Farfetch Finance Limited and Alanui S.r.l (“Alanui”) (up until March 1, 2021 – refer to Note 5. Business Combinations Under the equity method of accounting, the investments are initially recognized at cost and adjusted thereafter to recognize the Group’s share of the post-acquisition profits or losses of the investee in profit or loss, and the Group’s share of movements in other comprehensive income of the investee in other comprehensive income. c) The Group presents assets and liabilities in the Consolidated statement of financial position based on current/non-current classification. An asset is current when it is: • Expected to be realized or intended to be sold or consumed in the normal operating cycle; • Held primarily for the purpose of trading; • Expected to be realized within twelve months after the reporting period; or • Cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. All other assets are classified as non-current. A liability is current when: • It is expected to be settled in the normal operating cycle; • It is held primarily for the purpose of trading; • It is due to be settled within twelve months after the reporting period; or • There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period. The Group classifies all other liabilities as non-current. d) This section outlines the Group policies applicable to financial instruments that are recognized and measured at fair value in the Consolidated financial statements. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either: • In the principal market for the asset or liability; or • In the absence of a principal market, in the most advantageous market for the asset or liability. The principal or the most advantageous market must be accessible by the Group. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. The Group uses valuation techniques that are applicable in the circumstances and for which sufficient data is available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. All assets and liabilities for which fair value is measured or disclosed in the Consolidated financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: • Level 1: Quoted (unadjusted) market prices in active markets for identical assets or liabilities that the entity can access at the measurement date. • Level 2: Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly observable • Level 3: Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable For assets and liabilities that are recognized in the Consolidated financial statements on a recurring basis, the Group determines whether transfers have occurred between levels in the hierarchy by re-assessing categorization (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period. e) Revenue is recognized in accordance with the five-step model under IFRS 15: 1. identifying the contracts with customers; 2. identifying the separate performance obligations; 3. determining the transaction price; 4. allocating the transaction price to the separate performance obligations; and 5. recognizing revenue when each performance obligation is satisfied. Retailing of goods Revenue, where the Group acts as a principal, is recognized when the performance obligation is satisfied which is when the goods are received by the consumer. Included within sales of goods is a provision for expected returns, discounts and rebates. Where these are not known, the Group uses historical data and patterns to calculate an estimate. Rendering of services The Group primarily acts as a commercial intermediary between sellers, being the brands and retailers, and end consumers and earns a commission for this service. For these arrangements, the sellers determine the transaction price of the goods sold on the website, being the purchase price paid by the consumer, with the Group acting as an agent for the sellers and the related revenue is recognized on a net basis. The Group also charges fees to sellers for activities related to providing this service, such as packaging, credit card processing, settlement of duties, and other transaction processing activities. These activities are not considered separate promises to the consumer, and the related fees are therefore recognized concurrently with commissions at the time the performance obligation to facilitate the transaction between the seller and end consumer is satisfied, which is when the goods are dispatched to the end consumer by the seller. A provision is made for commissions that would be refunded if the end consumer returns the goods, and the Group uses historical data and patterns to estimate its return provision. There are no significant payment terms, with the Group taking payment in full from the consumer’s chosen payment method at the time the goods are ready for dispatch by the seller. The Group also provides delivery services to end consumers, with the Group setting the transaction price, being the price paid by the consumer for goods purchased on its platform. For these services, the Group acts as the principal and recognizes as revenue amounts charged to end consumers net of any promotional incentives and discounts. Revenue for these services is recognized on delivery of goods to the end consumer, which represents the point in time at which the Group’s performance obligation is satisfied. No provision for returns is made as delivery revenue is not subject to refund. Promotional incentives, which include basket promo-code discounts, may periodically be offered to end consumers. These are treated as a deduction to revenue. Cash is collected by the Group from the end consumer using payment service providers. Within two months of the transactions, this is remitted to the relevant seller (net of commission and recoveries). Such amounts are presented within trade and other payables, unless the relevant seller is in a net receivable position and is therefore classified within trade and other receivables. f) Current tax is the expected tax payable based on the taxable profit for the period, and the tax laws that have been enacted or substantively enacted by the reporting date. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where required on the basis of amounts expected to be paid to the tax authorities. Deferred tax is recognized on differences between the carrying amounts of assets and liabilities in the Consolidated financial statements and the corresponding tax bases used in the computation of taxable profit, and is accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognized for all taxable temporary differences and deferred tax assets are recognized to the extent that it is probable that there are sufficient suitable deferred tax liabilities or future taxable profits will be available against which deductible temporary differences can be utilized . Such assets and liabilities are not recognized if the temporary difference arises from goodwill or from the initial recognition (other than in a business combination) of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. Current and deferred tax is charged or credited in the Consolidated statement of operations, except when it relates to items charged or credited directly to equity, in which case the current or deferred tax is also recognized directly in equity. The carrying amount of deferred tax assets is reviewed at each reporting date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates and in accordance with laws that are expected to apply in the period/jurisdiction when/where the liability is settled, or the asset is realized. Deferred tax assets and liabilities are offset where there is a legally enforceable right to offset current tax assets against current tax liabilities and when the deferred tax assets and liabilities relate to income taxes levied by the same taxation authority on either the taxable entity or different taxable entities and where there is an intention to settle the balances on a net basis. Uncertainty over Income Tax Treatment: The Group operates across a large number of jurisdictions and could be subject to periodic audit by local tax authorities on a range of tax matters during the normal course of business, including transfer pricing, indirect taxes and transaction related issues. Where the amount of tax payable or recoverable is uncertain, the Group establishes provisions based on either: the Group’s judgment of the most likely amount of the liability or recovery; or, when there is a wide range of possible outcomes, a probability weighted average approach. g) The Group’s Consolidated financial statements are presented in U.S. dollars. For each entity the Group determines the functional currency and items included in the Consolidated financial statements of each entity are measured using that functional currency. The functional currency of the Company is U.S. dollars. h) Transactions in foreign currencies are initially recorded by the Group’s entities at their respective functional currency spot rates at the date the transaction first qualifies for recognition. Monetary assets and liabilities denominated in foreign currencies are translated at the functional currency spot rates of exchange at the reporting date. Differences arising on settlement or translation of monetary items are recognized in profit or loss. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates at the dates of the initial transactions. Non-monetary items measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value is determined. The gain or loss arising on translation of non-monetary items measured at fair value is treated in line with the recognition of the gain or loss on the change in fair value of the item (i.e., translation differences on items whose fair value gain or loss is recognized in OCI or profit or loss are also recognized in OCI or profit or loss, respectively). On consolidation, the assets and liabilities of foreign operations are translated into U.S. dollars at the rate of exchange prevailing at the reporting date and their statements of profit or loss are translated at average exchange rates. The exchange differences arising on translation for consolidation are recognized in OCI. i) Property, plant and equipment is stated at cost, net of accumulated depreciation and accumulated impairment losses, if any. All repair and maintenance costs are recognized in profit or loss as incurred. Items of property, plant and equipment are depreciated with an expense recognized in depreciation and amortization expense on a straight-line basis over their useful life. The useful lives of these items are assessed as follows: Leasehold improvements Shorter of the life of the lease or useful life Fixtures and fittings Three to ten years Motor vehicles Four to eight years Plant, machinery and equipment Three to ten years The residual values, useful lives and methods of depreciation of property, plant and equipment are reviewed at each financial year end and adjusted prospectively, if necessary. The determination of whether an arrangement is (or contains) a lease is based on the substance of the arrangement at the inception of the lease. The arrangement is, or contains, a lease if fulfilment of the arrangement is dependent on the use of a specific asset or assets and the arrangement conveys a right to use the asset or assets, even if that right is not explicitly specified in an arrangement. j) Intangible assets acquired separately are measured on initial recognition at cost. The cost of intangible assets acquired in a business combination is their fair value at the date of acquisition. Following initial recognition, intangible assets are carried at cost less any accumulated amortization and accumulated impairment losses. Internally generated intangibles, excluding capitalized development costs, are not capitalized and the related expenditure is reflected in profit or loss in the period in which the expenditure is incurred. The useful lives of intangible assets are assessed as either finite or indefinite. Intangible assets with finite lives are amortized over the useful economic life and assessed for impairment whenever there is an indication that the intangible asset may be impaired. The amortization period and the amortization method for an intangible asset with a finite useful life are reviewed at least at the end of each reporting period. Changes in the expected useful life or the expected pattern of consumption of future economic benefits embodied in the asset are considered to modify the amortization period or method, as appropriate, and are treated as changes in accounting estimates. The amortization expense on intangible assets with finite lives is recognized in the Consolidated statement of operations in the expense category that is consistent with the function of the intangible assets. Other than goodwill, there are no intangible assets with indefinite useful lives. Goodwill is not amortized but is reviewed for impairment at least annually. For the purpose of impairment testing, goodwill is allocated to the relevant Cash Generating Units (“CGUs”) which are tested for impairment annually. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit. On disposal of a cash-generating unit, the attributable amount of goodwill is included in the determination of the profit or loss on disposal. Refer to Note 2.3 (n), Summary of significant accounting policies – Impairment of non-financial assets Research and development costs Research costs are expensed as incurred. Development expenditures on an individual project are recognized as an intangible asset when the Group can demonstrate: • The technical feasibility of completing the intangible asset so that the asset will be available for use or sale; • Its intention to complete and its ability and intention to use or sell the asset; • How the asset will generate future economic benefits; • The availability of resources to complete the asset; and • The ability to measure reliably the expenditure during development. Following initial recognition of the development expenditure as an asset, the asset is carried at cost less any accumulated amortization and accumulated impairment losses. Amortization of the asset begins when development is complete and the asset is available for use. It is amortized over the period of expected future benefit. Amortization is recorded in administrative expenses. Development intangible assets under the course of construction are tested for impairment annually or more frequently if events or changes in circumstance indicate that they might be impaired. Once placed into service the asset is tested for impairment whenever events or changes in circumstance indicate that the carrying amount may not be recoverable. Subsequent costs Subsequent costs are only capitalized when there is an increase in the anticipated future economic benefit attributable to the assets in question. All other subsequent costs are recorded in the Consolidated statement of operations for the year in which they are incurred. Acquisition of Palm Angels S.r.l (Palm Angels) During the year ended December 31, 2021, the Group completed the acquisition of 60 percent of the ordinary share capital of Palm Angels for upfront cash and share consideration. As IFRS does not directly address the accounting for a partial acquisition of an asset, management have applied the principles of IFRS 3 - Business Combinations and IAS 38 - Intangible Assets in order to determine the accounting treatment for this transaction. Applying the requirements of IFRS 3 - Business Combinations, management have concluded that this transaction represents the acquisition of an asset rather than a business combination. Given the additional complexity of accounting for an asset that is 60 percent owned, management have applied both the principles of IFRS 3 - Business Combinations and IAS 38 - Intangible Assets in order to initially account for this asset purchase. On initial recognition, the asset has been recognized at cost along with a non-controlling interest in the Consolidated statement of financial position to represent the portion of the asset that the Group does not own. Subsequently, amortization of the asset will be recognized in the Consolidated statement of operations over its useful economic life. For further information, refer to Note 16, Intangible assets Amortization Amortization is charged to depreciation and amortization expense on a straight-line basis over the estimated useful life of the intangible assets, from the time that the assets are available for use. The useful lives of these items are assessed as follows: Development costs Three years Brand, trademarks & domain names Five to sixteen years Customer relationships Three to five years Acquired software Three to ten years k) Leases At the inception date of the lease (i.e. the date when the underlying asset is available for use), a lessee recognizes a liability for the present value of the lease payments payable over the lease term and a right of use asset that represents the right to use the underlying asset over the term of the lease. Right of use assets are measured at cost less accumulated depreciation and impairment losses, and are adjusted for any remeasurement of lease liabilities. The cost of right of use assets includes the amount of initial direct costs incurred and lease payments made before the commencement date less incentives received. Right-of-use assets are depreciated on a straight-line basis over the shorter of the estimated useful life of the underlying asset and the lease term. The Group does not recognize non-lease components separately from lease components for those classes of assets in which non-lease components are significant with respect to the total value of the arrangement. Lease payments include fixed payments (including in-substance fixed payments) less any lease incentive receivable, variable lease payments that depend on an index or rate, and amounts expected to be paid as residual value guarantees. Similarly, the measurement of the lease liability includes the exercise price of a purchase option, if the lessee is reasonably certain to exercise that option, and payments of penalties for early termination, if the lease term reflects the lessee exercising such cancellation option. For the calculation of the present value of the lease payments, the Group uses the incremental borrowing rate at the start date of the lease. After the commencement date, the amount of the lease liabilities is increased to reflect the accrual of interest and reduced for the payment made. In addition to this, the carrying amount of the lease liability is remeasured in certain cases, such as changes in the lease term, changes in future lease payments resulting from a change in an index or rate used to determine those payments. The amount of such remeasurements is generally recognized against an adjustment to the right of use asset. The standard includes two recognition exemptions: “low value” asset leases and short-term leases (the Group uses this exemption for all leases with a term of twelve months or less). In such cases, lease payments are recognized as an expense on a straight-line basis over the lease term. The Group determines the lease term as the non-cancellable term of the contract, together with any period covered by an extension (or termination) option whose exercise is discretionary for the Group, if there is reasonable certainty that it will be exercised (or it will not be exercised). In its assessment, the Group considers all available information by asset class in the industry and evaluates all relevant factors (

Critical Accounting Judgments a

Critical Accounting Judgments and Key Sources of Estimation Uncertainty	12 Months Ended
	Dec. 31, 2021
Disclosure Of Accounting Judgments And Estimates [Abstract]
Critical accounting judgments and key sources of estimation uncertainty	3. Critical accounting judgments and key sources of estimation uncertainty Certain accounting policies are considered to be critical to the Group. An accounting policy is considered to be critical if, in the Directors’ judgement, its selection or application materially affects the Group’s financial position or results. The application of the Group’s accounting policies also requires the use of estimates and assumptions that affect the Group’s financial position or results. Below is a summary of areas in which estimation is applied primarily in the context of applying critical accounting judgements. Critical judgements in applying group accounting policies Intangible assets – development costs capitalization Assessing whether assets meet the required criteria for initial capitalization requires judgement. This requires an assessment of the expected future benefits from the projects to be capitalized, technical feasibility and commercial viability. In particular, internally generated intangible assets must be assessed during the development phase to identify whether the Group has the ability and intention to complete the development successfully. Determining the costs of assets to be capitalized also requires judgement. Specifically, judgement and estimation is required in determining the directly attributable costs to be allocated to the asset to enable the asset to be capable of operating in the manner intended by management. Recognition of a deferred tax asset The Group has accumulated significant unutilized trading tax losses (Note 26, Deferred tax Non-controlling interest – Strategic arrangement with Alibaba and Richemont During the year ended December 31, 2021, the Group formally signed an agreement to enter into a strategic arrangement with Alibaba and Richemont. As part of the agreement, Alibaba and Richemont invested $500 million in return for a combined 25% stake in Farfetch China Holdings Ltd. Management have concluded that most appropriate method to measure the non-controlling interest created from this transaction is to use the proportionate net assets method. The difference between the investment proceeds received and the non-controlling interest valuation is recorded within other reserves. For further information, refer to Note 31, Other reserves Non-controlling interests Acquisition of Palm Angels S.r.l (“Palm Angels”) During the year ended December 31, 2021, the Group completed the acquisition of 60 percent of the ordinary share capital of Palm Angels for cash and share consideration. Applying the requirements of IFRS 3 - Business Combinations, Business Combinations Other reserves Non-controlling interests. Identification of embedded derivative in borrowing arrangements During the year ended December 31, 2020, the Group issued senior convertible notes for amounts of $250.0 million, $400.0 million and $600.0 million. Each arrangement contains certain conversion options that are bifurcated from the contract and valued separately. For each senior convertible note, there is significant judgement in determining the options to be bifurcated and valued separately, the valuation model and valuation methodology. Key sources of estimation uncertainty Business combinations We use our best estimates and assumptions to accurately assign fair value to the intangible assets acquired at the acquisition date. The estimation is primarily due to the judgmental nature of the inputs to the valuation models used to measure the fair value of these intangible asset, as well as the sensitivity of the respective fair values to the underlying significant assumptions. Where material, we use a discounted cash flow method of the income approach to measure the fair value of these intangible assets, and use specialists to assist us to develop certain estimates and assumptions. The significant estimates and assumptions used are in respect of (i) expected future revenue growth rates; (ii) anticipated operating margins; (iii) the useful lives of the acquired brand names; (iv) the discount rates to be applied to the estimated future cash flows; and (v) royalty rates used in estimating income savings. During the measurement period, which may be up to one year from the date of acquisition, the Group may record adjustments to the fair value of these tangible and intangible assets acquired and liabilities assumed, with the corresponding offset to goodwill. The Group continues to collect information and reevaluates these estimates and assumptions as deemed reasonable by management. The Group records any adjustments to these estimates and assumptions against goodwill provided they arise within the measurement period. Upon the conclusion of the measurement period or final determination of the fair value of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded in the Consolidated statement of operations. We also use our best estimates and assumptions to accurately account for the value of put options over non-controlling interests, when applicable. For details of business combinations refer to Business combinations. Impairment of non-financial assets Impairment exists when the carrying value of an asset CGU or group of CGU exceeds its recoverable amount, which is the higher of its fair value less costs of disposal and its value in use. The fair value less costs of disposal calculation is based on available data from binding sales transactions, conducted at arm’s length, for similar assets or observable market prices less incremental costs for disposing of the asset. The value in use calculation is based on a discounted cash flow (“DCF”) model. The cash flows are See Note 16, Intangible assets Fair value of financial instruments, including embedded derivatives Where the fair value of financial assets and liabilities recorded in the financial statements cannot be derived from active markets, their fair value is determined using valuation techniques including the Black Scholes option pricing model. The inputs to these models are taken from observable markets where possible, but where this is not feasible, a degree of judgement is required in establishing fair values. The judgements include considerations of inputs such as the risk-free rate and volatility. Changes in assumptions about these factors could affect the reported fair value of financial instruments. When measuring the fair value of an asset or liability, the Group uses observable market data to the greatest extent possible. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows: Level 1: quoted prices (unadjusted) in active markets for identical assets and liabilities Level 2: inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices) Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs) For more information, including further details on assumptions and associated sensitivities, please refer to Note 28, Financial instruments and financial risk management. 2021 CEO Performance-Based Restricted Stock Unit (“PSU”) Award On May 24, 2021, the Board of Directors (the “Board”) of the Company unanimously approved the recommendation of the Compensation Committee of the board to grant a long-term PSU under the Company’s 2018 Farfetch Employee Equity Plan (the “2018 Plan”) to José Neves, the Company’s Founder, Chief Executive Officer and Chairman of the Board (the “CEO”). The grant is 8,440,000 PSUs, which only vest, if at all, based on the Company’s achievement of pre-determined increases in the Company’s stock price over an eight-year Employee Benefit Obligations Given that the vesting of these awards are subject to the performance against a market-based performance measure, management have used the Monte Carlo simulation model to calculate the grant date fair value of this award in line with the requirements of IFRS 2 - Share-based Payment. Share-based Payment Management have valued the related employers tax liability for these awards using the intrinsic value method. The intrinsic value method is calculated by reference to the number of awards expected to vest and the stock price at December 31, 2021. Given that the stock price at December 31, 2021 was $33.43 and the first target stock price is $75.00, management have concluded that as at the end of the reporting period the number of awards expected to vest is nil nil

Revenue

Revenue	12 Months Ended
	Dec. 31, 2021
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Abstract]
Revenue	4. Revenue Revenue by type of good or service (in thousands) 2019 2020 2021 Digital Platform Services third-party revenue $ 496,040 $ 637,568 $ 845,941 Digital Platform Services first-party revenue 205,206 395,588 539,737 Digital Platform Services Revenue 701,246 1,033,156 1,385,678 Digital Platform Fulfilment Revenue 127,960 213,228 332,504 Brand Platform Revenue 164,210 390,014 467,505 In-Store Revenue 27,621 37,524 70,921 Total Revenue $ 1,021,037 $ 1,673,922 $ 2,256,608 Digital Platform services Digital Platform Services Revenue includes commissions on third-party sales and revenue from first-party sales. Commission revenue is recognized on a net basis in the Consolidated statement of operations because the Group acts as an agent in these arrangements. The Group primarily acts as a commercial intermediary between sellers and end consumers and earns a commission for this service. Commission revenue is recognized when the goods are dispatched by the seller. In first-party sales arrangements, the Group sells inventory directly purchased or created by the Group on the Digital Platform where the Group is the principal, and therefore related revenues are recognized on a gross basis. Revenue on the sale of these goods is recognized when the goods are received by the end consumer. For finished goods that have been ordered on the Digital Platform but not yet delivered to the end consumer at the end of the reporting period, revenue is deferred until delivery. At December 31, 2021, these deferred amounts were $1.1 million (2020: $1.0 million, 2019: $1.8 million), which the Group expects to recognize within thirty days of reporting period end. The Group expects to fulfill any remaining performance obligations outstanding at December 31, 2021 within the next ninety days from the reporting period. In 2021, $1 million (2020: $1.8 million, 2019: $2.0 million) of revenue deferred in 2020 (2019 and 2018 respectively) was recognized as revenue. Digital Platform Service Revenue also includes fees charged to sellers for other activities, such as packaging, credit card processing and other transaction processing activities. At checkout, end consumers are charged for delivery, if applicable, in addition to the price of goods in their basket (refer to Digital Platform Fulfilment Revenue below for a discussion of delivery services). The Group is responsible for the collection of cash from end consumers with payment typically taken in advance of completing its performance obligations. In arrangements where the Group acts as an agent, cash collections are remitted net to the sellers generally within two months of collection. Digital Platform Fulfilment Revenue The Group provides delivery services for goods sold on the Digital Platform, for which revenues are recognized when the goods are delivered to the end consumers. Revenues for delivery services are stated net of As discussed above, the promise with respect to delivery services is satisfied only when the goods are delivered to the end consumer. Within Digital Platform Fulfilment Revenue, where the delivery services performance obligation has not been satisfied by December 31, 2021, revenue of $7.7 million (2020: $5.4 million, 2019: $2.7 million) has been deferred and is expected to be recognized within ninety days of reporting period end. The transaction price for this performance obligation is the delivery costs charged to the consumer as described above. In 2021, $5.4 million (2020: $2.7 million, 2019: $0.5 million) of revenue deferred in 2020 (2019 and 2018 respectively) was recognized as revenue. As at December 31, 2021, there were no receivables from contracts with customers (2020 and 2019: None). Further detail can be found in Note 2.3 (e), Summary of significant accounting policies – Revenue recognition Brand Platform Revenue Brand Platform Revenue includes revenue generated by New Guards operations less revenue from New Guards’: (i) owned e-commerce websites, (ii) direct-to-consumer channel via our Marketplaces and (iii) directly operated stores. Sales are made in the form of first-party sales arrangements to retailer s, and therefore related revenues are recognized on a gross basis. Brand Platform revenue is recognized when the goods are transferred to the retailer . For finished goods that have been ordered and produced , but not yet delivered to the retailer at the end of the reporting period, revenue is deferred until delivery. At December 31, 20 2 1 , these deferred amounts were $ 6.5 million ( 20 20 : $ million , 201 9 : $ 2.9 million ). In 2021, $ 2.1 million (2020: $ 2.9 million, 2019: $ nil ) of revenue deferred in 2020 (2019 and 2018 respectively) was recognized as revenue. In-store The Group has a single performance obligation in respect to In-Store Revenue, which is the sale of finished goods.

Business combinations

Business combinations	12 Months Ended
	Dec. 31, 2021
Disclosure Of Business Combinations [Abstract]
Business combinations	5. Business combinations Acquisitions in 2021 Luxclusif On December 6, 2021, Farfetch UK Limited, an indirect wholly owned subsidiary of Farfetch Limited, acquired 100% of the issued share capital of Upteam Corporation Limited (“Luxclusif”), and its four fully owned subsidiaries, together a Business to Business (“B2B”) technology-enabled seller of pre-owned luxury goods. Purchase consideration of $26.8 million was comprised of $7.8 million of cash, $5.9 million of deferred cash or share consideration and $13.1 million of deferred share consideration based on the Farfetch Limited share price as at the acquisition date. The share consideration includes a service condition for certain members of the Luxclusif management team and has been accounted for as post combination remuneration. This did not form part of the purchase price allocation and is expensed. The transaction is being treated as a business combination under IFRS 3 and the purchase price is subject to the finalization of completion accounts. This investment is part of the Group’s strategy of expanding into new categories and offerings. The primary reason for the acquisition was for the Group to further enhance the Farfetch Marketplace by continuing to invest in expanding the pre-owned offering. Details of the purchase consideration, the assets acquired and goodwill are as follows (in thousands): 2021 Cash $ 7,682 Deferred payments 135 Total cash consideration $ 7,817 2021 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 803 Cash consideration (7,682 ) Net cash outflow $ (6,879 ) 2021 Development Costs $ 2,205 Customer relationships 1,611 Tangible assets 73 Net working capital 3,461 Net debt (2,671 ) Deferred tax liability (725 ) Total net identified assets acquired 3,954 Goodwill 3,863 Total net identified assets acquired and goodwill $ 7,817 Goodwill consists of expected synergies to be achieved by combining the operations of Luxclusif with the Group, as well as other intangible assets that do not qualify for separate recognition under IFRS 3. Goodwill is expected to be fully deductible for tax purposes. The Development costs and Customer relationships are amortized over three years and five years respectively. Acquisition-related costs totaled $1.5 million and are included in Selling, general and administrative expenses Allure On 20 December 2021, Farfetch US Holdings, Inc. acquired 100% of the issued share capital of Allure Systems Corp (“Allure US”) and its fully owned subsidiary, Allure Systems Research France (“Allure France”) (together, “Allure”). Allure was in 2017 and uses artificial intelligence (“A.I.”) to create high-quality on-model images via 360 degrees renderings, allowing retailers and brands to scale quality imagery with automation Purchase consideration of $21.7 million comprised of deferred payments of $1.5 million, cash consideration of $15.9 million and share consideration of $4.4 million based on the Farfetch Limited share price at the acquisition date. There is no contingent consideration. This investment is part of the Group’s strategy of a ccelerating the digitization of the global luxury industry . Details of the purchase consideration, the assets acquired and goodwill are as follows (in thousands): 2021 Cash $ 15,858 Ordinary shares issued $ 4,380 Deferred payments 1,465 Total purchase consideration $ 21,703 2021 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 1,840 Cash consideration (15,858 ) Net cash outflow $ (14,018 ) 2021 Development costs $ 5,412 Tangible assets 77 Net working capital 118 Net debt (1,609 ) Deferred tax liability (3,364 ) Total net identified assets acquired 634 Goodwill 21,069 Total net identified assets acquired and goodwill $ 21,703 Goodwill consists of expected synergies to be achieved by combining the operations of Allure with the Group, as well as other intangible assets that do not qualify for separate recognition under IFRS 3. Goodwill is expected to be deductible for tax purposes. Development costs are amortized over three years. Acquisition-related costs totaled $0.6 million and are included in Selling, general and administrative expenses JBUX On September 14, 2021, Farfetch UK Limited, an indirect wholly owned subsidiary of Farfetch Limited, accelerating the digitization of the global luxury industry by The transaction was accounted for as a business combination under IFRS 3 and the purchase price allocation has been finalized. Farfetch UK Limited acquired a 100% shareholding and voting rights of the company from the previous owners. Details of the cash paid, the assets acquired and goodwill are as follows (in thousands): 2021 Cash $ 4,000 Total cash consideration $ 4,000 2021 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 48 Cash consideration (4,000 ) Net cash outflow $ (3,952 ) 2021 Development costs $ 2,282 Tangible assets 2 Net working capital (10 ) Net debt (17 ) Deferred tax liability (331 ) Total net identified assets acquired 1,926 Goodwill 2,074 Total net identified assets acquired and goodwill $ 4,000 Goodwill consists of expected synergies to be achieved by combining the operations of Jetti with the Group, as well as other intangible assets that do not qualify for separate recognition under IFRS 3. The full goodwill is expected to be deductible for tax purposes. Acquisition-related expenses of $0.7 million were recorded in the year ending December 31, 2021, which are included in Selling, general and administrative costs Alanui On March 16, 2021, New Guards Group Holding, a subsidiary of Farfetch Limited, completed the acquisition of Alanui, for $nil consideration. The acquisition and control was achieved through the removal of a shareholder veto from the agreement between New Guards and Alanui’s other shareholders that had previously prevented the Group from obtaining control of Alanui. New Guards owns 53% of the voting equity interests of Alanui. Alanui deals with wholesale and retail distribution, as well as sales through their e-commerce platform of apparel and accessories. The Group expects continue to benefit from the Alanui brand bringing with them knowledge and creativity of original solutions for apparel and accessories collections. The transaction was accounted for as a business combination under IFRS 3 and the purchase price allocation has been finalized. Details of the purchase consideration and the net assets acquired are as follows (in thousands): 2021 Intangible assets $ 81 Brand name 7,279 Tangible assets 55 Other non-current assets 291 Inventory 830 Net working capital (excluding inventory) (1,070 ) Non-current liabilities (28 ) Deferred tax liability (2,041 ) Total net identified assets acquired $ 5,397 Fair value of previously held equity interest (2,963 ) Non-controlling interest (2,434 ) Purchase consideration $ - The non-controlling interest acquired is measured at a value equal to the non-controlling interests’ share of the identifiable net assets acquired. Refer to Note 27, Related party disclosure Revenue and profit contribution of the acquisition made in 202 1 The results of operations of Luxclusif, Allure, Jetti and Alanui have been included in the Group’s consolidated Statement of operations since the date of acquisition. Actual and pro forma revenue and results of operations for the acquisition have not been presented because they do not have a material impact to the consolidated revenue and results of operations. Acquisitions in 2020 Ambush On February 5, 2020, New Guards, a subsidiary of Farfetch Limited, completed the acquisition of 70% of the outstanding shares of Ambush Inc., the jewelry and apparel line, for cash consideration of $12.1 million. The Group expects to benefit from Ambush’s brand bringing with them a strong passion for and knowledge of luxury jewelry and ready-to-wear apparel. This acquisition will also allow the Group to enhance its marketplace and stores offering. The transaction was accounted for as a business combination under IFRS 3, and the purchase price allocation was finalized in January 2021. Details of the purchase consideration, the assets acquired, and goodwill are as follows (in thousands): 2020 Cash consideration $ 12,142 Purchase consideration $ 12,142 2020 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 126 Cash consideration (12,142 ) Net cash outflow $ (12,016 ) 2020 Intangible assets $ 127 Brand name 4,699 Tangible assets 1,365 Right-of-use assets 858 Other non-current assets 720 Inventory 3,374 Net working capital (excluding inventory) (2,175 ) Non-current liabilities (5,224 ) Deferred tax liability (1,311 ) Total net identified assets acquired 2,433 Goodwill 10,674 Total net identified assets acquired and goodwill 13,107 Non-controlling interest (965 ) Net assets acquired $ 12,142 Goodwill consists of expected synergies to be achieved by combining the operations of Ambush with the Group, as well as other intangible assets that do not qualify for separate recognition under IFRS 3 (amended). Goodwill is expected to be deductible for tax purposes. The non-controlling interest acquired is measured at a value equal to the non-controlling interests’ share of the identifiable net assets acquired. Acquisition-related expenses of $0.7 million were recorded in 2020, which are included in Selling, general and administrative costs Revenue and profit contribution of the acquisition made in 2020 The results of operations of Ambush have been included in the Group’s consolidated statement of operations since the date of acquisition. Actual and pro forma revenue and results of operations for the acquisition have not been presented because they do not have a material impact to the consolidated revenue and results of operations. Acquisitions in 2019 Stadium Goods On January 4, 2019, Farfetch Limited completed the acquisition of 100% of the outstanding shares of Stadium Goods, the sneaker and streetwear marketplace, for total consideration of $230.9 million. The Group expects to benefit from Stadium Goods’ brand, access to supply, and a team who have joined the Group, bringing with them a strong passion for, and knowledge of, luxury streetwear, further enhancing the company’s marketplace and stores offering. The consideration payable by the Group was in the form of cash consideration and Farfetch Limited shares. The consideration payable was split as $150.2 million of cash, and 4,641,554 Class A Ordinary Shares with a value of $80.7 million based on the Farfetch Limited share price as at the acquisition date. The transaction is accounted for as a business combination under IFRS 3 and the purchase price allocation accounting has been finalized. Of the $80.7 million share consideration, $52.1 million includes a service condition for certain members of the Stadium Goods management team remaining with the Group over a four-year Details of the purchase consideration, the assets acquired and goodwill are as follows (in thousands): 2019 Cash consideration $ 150,200 Ordinary shares issued 28,600 Total purchase consideration $ 178,800 2019 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 1,678 Cash consideration (150,200 ) Net cash outflow $ (148,522 ) The ordinary shares issued are non-cash investing activities. The Group finalized its purchase price allocation in the first quarter 2019. The Group recognized the following assets and liabilities upon acquisition of Stadium Goods (in thousands): 2019 Intangible assets $ 2,049 Brand name 117,300 Tangible assets 319 Right-of-use assets 2,802 Other non-current assets 243 Inventory 541 Net working capital (excluding inventory) (3,642 ) Non-current liabilities (14,465 ) Total net identified assets acquired 105,147 Goodwill 73,653 Net assets acquired $ 178,800 Goodwill consists of expected synergies to be achieved by combining the operations of Stadium Goods with the Group, as well as other intangible assets that do not qualify for separate recognition under IFRS 3. Goodwill is expected to be deductible for tax purposes. No deferred tax has been recognized however on the basis that management did not consider there to be sufficient evidence at the time of the acquisition that suitable taxable profits were expected to arise to support recognition. As the transaction has been treated as an asset purchase for tax purposes, no deferred tax has been recognized in respect of the brand name as there is no difference between the tax base and carrying amount at acquisition, as it is expected that the brand name will be deductible for tax purposes. Acquisition-related costs of $4.0 million were recorded in 2019, and comprised $2.5 million, which are included in Selling, general and administrative expenses Toplife On May 28, 2019, Farfetch (Shanghai) E-commerce Co., Ltd, a wholly owned subsidiary of Farfetch Limited, acquired 100% of the business of Toplife, a luxury e-commerce platform, from JD Group. The transaction is being treated as a business combination. The primary reason for the acquisition was for the Group to leverage the JD App Level 1 Access Button (Farfetch has replaced the Toplife JD Store with level 1 access being a prominent position on JD App’s homepage) to further enhance the Group’s marketplace business. Details of the purchase consideration, the assets acquired, and goodwill are as follows (in thousands): 2019 Cash consideration $ 48,503 Total purchase consideration $ 48,503 No cash or cash equivalents were acquired. The Group performed its purchase price allocation, which was finalized in 2020. Details of the purchase price allocation is as below (in thousands): 2019 Tangible assets $ 17 Inventory 131 Current liabilities (1,605 ) Level 1 access button 9,058 Total net identified assets acquired 7,601 Goodwill 40,902 Net assets acquired $ 48,503 Goodwill consists of expected synergies to be achieved by combining the operations of Toplife with the Group, as well as other intangible assets that do not qualify for separate recognition under IFRS 3. Goodwill is not deductible for tax purposes. The Level 1 access button is amortized over four years. Acquisition-related costs totaled $0.7 million and are included in Selling, general and administrative expenses In November 2020, the Group fully impaired the Level 1 access button due to the closure of our direct consumer-facing channels on JD.com. At that time, the carrying amount of the intangible asset was $5.8 million. Refer to Note 16, Intangible assets CuriosityChina On April 3, 2019, Farfetch China (HK Holdings) Limited, a wholly owned subsidiary of Farfetch Limited, completed the acquisition of 78% of the outstanding shares of CuriosityChina with total cash consideration of $9.0 million. The Group benefits from CuriosityChina's expertise in the China market, including its customer base and technological capabilities. Upon initial acquisition the Group had an obligation to acquire the remaining 22% of outstanding shares that it did not initially acquire. On acquisition, the present value of the obligation amounted to $4.3 million and was accounted for separately from the business combination as a call option liability. In connection to the purchase obligation, the Group recognized a $0.9 million present value revaluation loss in the Consolidated statement of operations for the year ended December 31, 2020 and present value revaluation loss of $1.6 million for the year ended December 31, 2019. In connection with the initial acquisition agreement, in 2020, 3% of the outstanding shares in CuriosityChina were transferred to Farfetch China (HK Holdings) Limited on May 8, 2020, taking the non-controlling interest from 22% to 19% as of that date. The aggregate carrying value related to the remaining non-controlling interest in CuriosityChina, recognized on the Consolidated statement of financial position and classified within and other payables as at December 31, 2021, is $5.7 million (2020: $6.9 million classified within put and call option liabilities and trade and other payables) The transaction has been accounted for as a business combination under IFRS 3. Details of the total purchase consideration, the net assets acquired and goodwill are as follows (in thousands): 2019 Cash consideration $ 9,000 Total purchase consideration $ 9,000 2019 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 409 Cash consideration (9,000 ) Net cash outflow $ (8,591 ) The Group finalized its purchase price allocation in the fourth quarter of 2019. The Group recognized the following assets and liabilities upon acquisition of CuriosityChina (in thousands): 2019 Tangible assets $ 78 Current assets 1,879 Current liabilities (1,005 ) Customer relationships 3,878 Backlog 202 Technology 2,059 Deferred tax liability (921 ) Total net identified assets acquired 6,170 Goodwill 3,039 Total net identified assets acquired and goodwill 9,209 Non-controlling interest (209 ) Net assets acquired $ 9,000 Goodwill consists of expected synergies to be achieved by combining the operations of CuriosityChina with the Group, as well as other intangible assets that do not qualify for separate recognition under IFRS 3. Goodwill is not deductible for tax purposes. Acquisition-related costs totaled $0.4 million and are included in Selling, general and administrative expenses New Guards On August 2, 2019, Farfetch Italia S.R.L, a wholly owned subsidiary of Farfetch Limited, completed the acquisition of 100% of the outstanding shares of New Guards and took control of New Guards on the same date. The acquisition complements the Group's strategy to be the global technology platform for luxury fashion. The consideration payable by the Group was in the form of cash and Farfetch Limited shares. The total consideration payable was $704.1 million, split as $358.9 million of cash, and 17,710,526 Class A Ordinary Shares with a value of $345.2 million based on the Farfetch Limited share price as at the acquisition date. With respect to the share consideration, 3,554,855 of the shares reflected an estimate at the acquisition date of the shares expected to be issued based on Farfetch Limited's volume adjusted average share price for the ten-day period ended September 18, 2019 and classified as a liability. In the third quarter of 2020, as part of the post-acquisition working capital adjustments included in the purchase agreement, the Group transferred an additional consideration of 181,870 Class A Ordinary Shares with a value of $4.8 million. This resulted in an additional $4.8 million of goodwill being recognized as a result of the additional consideration transferred. The transaction was accounted for as a business combination under IFRS 3 and the purchase price allocation accounting has been completed. Details of the total purchase consideration, the assets acquired, and goodwill are as follows (in thousands): 2019 Cash consideration $ 358,910 Ordinary shares issued 280,705 Ordinary shares to be issued 69,284 Total purchase consideration $ 708,899 2019 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 102,835 Cash consideration (358,910 ) Net cash outflow $ (256,075 ) The ordinary shares issued are non-cash investing activities. The ordinary shares to be issued reflected the Group's best estimate of the shares it expected to issue as at the acquisition date as noted above. These shares were issued on September 23, 2019, with a $21.5 million debit recognized in profit or loss on issue reflecting the fair value remeasurement of the shares on the date they were issued. The Group recognized the following assets and liabilities upon acquisition of New Guards (in thousands): 2019 Intangible assets $ 1,382 Brand name 830,150 Tangible assets 2,714 Right-of-use assets 10,727 Deferred tax assets 3,451 Other non-current assets 2,694 Inventory 36,757 Net working capital (excluding inventory) 32,027 Non-current liabilities (13,698 ) Deferred tax liabilities (231,729 ) Total net identified assets acquired 674,475 Goodwill 192,831 Total net identified assets acquired and goodwill 867,306 Non-controlling interest (158,407 ) Net assets acquired $ 708,899 Goodwill consists of expected synergies to be achieved by combining the operations of New Guards with the Group, as well as other intangible assets that do not qualify for separate recognition under IFRS 3. Goodwill is not expected to be deductible for tax purposes. Acquisition-related costs totaled $4.1 million and comprised $2.1 million, which are included in Selling, general and administrative expenses Revenue and profit contribution of acquisitions made in 2019 The results of operations for each of the 2019 acquisitions have been included in the Group’s consolidated statement of operations since the date of acquisition. Actual and pro forma revenue and results of operations for the acquisitions of Stadium Goods, CuriosityChina and Toplife have not been presented because they do not have a material impact to the consolidated revenue and results of operations, either individually or in aggregate. Actual revenue and results of operations for the acquisition of New Guards for the period between the acquisition date and December 31, 2019, were $ 183.0 million and $ 23.1 million respectively. Pro forma revenue and results of operations for the acquisition of New Guards as though the acquisition date had been the beginning of 2019 is impracticable because of the lack of financial information at the end of the reporting periods , as the acquired entity’s reporting periods were misaligned with Farfetch's reporting periods.

Segmental and geographical info

Segmental and geographical information	12 Months Ended
	Dec. 31, 2021
Disclosure Of Operating Segments [Abstract]
Segmental and geographical information	6. Segmental and geographical information Segmental information The Group’s Chief Operating Decision Maker, which is deemed to be the Chief Executive Officer, examines segmental performance and resource allocation from an omni-channel service and product offering perspective, across the digital and physical realms. The Group has identified three reportable operating segments: (A) Digital Platform - comprised of the Farfetch Marketplace, FPS, BrownsFashion.com, StadiumGoods.com, Farfetch Future Retail, including Connected Retail, (which was previously called Farfetch Store of the Future), and any other online sales channel operated by the Group, including the respective websites of the brands in the New Guards portfolio. R evenues are derived mostly from transactions between sellers and consumers conducted on our technology platforms. (B) Brand Platform - comprised of business-to-business activities of the brands in the New Guards portfolio and includes design, production, brand development and wholesale distribution of brands owned and licensed by New Guards, including the franchised store operations. Revenues are derived from wholesale sales of goods. (C) In-Store - comprised of Group-operated stores including Browns, Stadium Goods and certain brands in the New Guards portfolio. Revenues are derived from sales made in the physical stores. There are no intersegment transactions that require elimination. All revenues are revenues from external consumers. No operating segments have been aggregated to form a reportable operating segment. Order Contribution is used to assess the performance and allocate resources between the segments. No single consumer accounted for more than 10% of Group revenues (2020: none, 2019: none). The results of our three reportable operating segments are as follows (in thousands): Year ended December 31, 2019 2020 2021 Digital Platform: (in thousands) Services third-party revenue $ 496,040 $ 637,568 $ 845,941 Services first-party revenue 205,206 395,588 539,737 Services Revenue 701,246 1,033,156 1,385,678 Fulfilment Revenue 127,960 213,228 332,504 Revenue 829,206 1,246,384 1,718,182 Less: Cost of revenue (457,293 ) (686,178 ) (987,929 ) Gross profit 371,913 560,206 730,253 Less: Demand generation expense (151,350 ) (198,787 ) (291,821 ) Order contribution $ 220,563 $ 361,419 $ 438,432 Year ended December 31, 2019 2020 2021 Brand Platform: (in thousands) Revenue $ 164,210 $ 390,014 $ 467,505 Less: Cost of revenue (89,203 ) (199,208 ) (225,989 ) Gross profit or order contribution $ 75,007 $ 190,806 $ 241,516 Year ended December 31, 2019 2020 2021 In-Store: (in thousands) Revenue $ 27,621 $ 37,524 $ 70,921 Less: Cost of revenue (14,695 ) (17,608 ) (26,179 ) Gross profit or order contribution $ 12,926 $ 19,916 $ 44,742 2019 (1) 2020 (1) 2021 Group: Revenue $ 1,021,037 $ 1,673,922 $ 2,256,608 Less: Cost of revenue (561,191 ) (902,994 ) (1,240,097 ) Gross profit 459,846 770,928 1,016,511 Less: Demand generation expense (151,350 ) (198,787 ) (291,821 ) Order contribution 308,496 572,141 724,690 Selling, general and administrative expenses (excluding demand generation expense) (1) (738,071 ) (1,152,696 ) (1,189,147 ) Impairment losses on tangible assets - (2,991 ) - Impairment losses on intangible assets - (36,269 ) (11,779 ) Operating loss (429,575 ) (619,815 ) (476,236 ) Gain/(loss) on items held at fair value and remeasurements 21,721 (2,643,573 ) 2,023,743 Share of results of associates 366 (74 ) (52 ) Finance income 34,382 24,699 12,599 Finance costs (1) (19,232 ) (91,294 ) (86,441 ) (Loss)/profit before tax $ (392,338 ) $ (3,330,057 ) $ 1,473,613 (1) Refer to Note 2, Significant accounting policies , for detail on the revision of prior year comparatives . Geographical information The Group believes it is relevant to disclose geographical revenue information on both a demand basis, determined by the billing location of the consumer, and on a supply basis, determined by location of the Farfetch legal entity which earned the revenue. The Group is domiciled in the Cayman Islands. For the year ended December 31, 2021, the Cayman Islands generated revenue from external consumers of $81,000 (2020: $37,000, 2019: $16,000) on a demand basis and $nil $nil $nil Other Countries $nil $nil The Group’s revenue from external consumers on a demand basis, based on the billing location of the consumer, is detailed below (in thousands): 2019 2020 2021 Revenue from external consumers (demand basis) United States $ 210,482 $ 314,596 $ 475,684 United Kingdom 78,628 151,875 221,264 Other Countries 731,927 1,207,451 1,559,660 Revenue $ 1,021,037 $ 1,673,922 $ 2,256,608 The Group’s revenue from external consumers on a supply basis, based on the location of the Farfetch legal entity which earned the revenue, is detailed below (in thousands): 2019 2020 2021 Revenue from external consumers (supply basis) United Kingdom $ 728,321 $ 1,021,240 $ 1,363,167 Italy 180,988 485,882 624,585 Other Countries 111,728 166,800 268,856 Revenue $ 1,021,037 $ 1,673,922 $ 2,256,608 The Group’s non-current assets other than deferred tax assets, broken down by geographic location of the assets, are detailed below (in thousands): 2020 2021 Non-current assets excluding deferred tax assets Italy $ 915,553 $ 917,646 United Kingdom 338,015 372,889 United States 225,137 249,529 Other Countries 137,610 161,436 Total $ 1,616,315 $ 1,701,500

Employees and directors

Employees and directors	12 Months Ended
	Dec. 31, 2021
Disclosure Of Directors And Employees [Abstract]
Employees and directors	7. Employees and directors Included within employees and directors expenses are (in thousands): 2019 (1) 2020 2021 Wages and salaries $ 206,092 $ 307,527 $ 344,587 Social security costs 36,314 42,972 56,277 Other pension costs 2,569 4,161 6,393 Share-based payments (equity-settled) (1) 170,145 168,347 219,933 Share-based payments (cash-settled) 10,675 28,041 (9,265 ) Share-based payments (employment related taxes) (2,586 ) 95,245 (14,501 ) Total employees and directors expenses $ 423,209 $ 646,293 $ 603,424 These amounts are included within Selling, general and administrative expenses (1) Refer to Note 2, Significant accounting policies

Selling, general and administra

Selling, general and administrative expenses	12 Months Ended
	Dec. 31, 2021
Expense By Nature [Abstract]
Selling, general and administrative expenses	8. Selling, general and administrative expenses Included within Selling, general and administrative expenses 2019 2020 2021 Demand generation expenses $ 151,350 $ 198,787 $ 291,821 Technology expenses 84,207 115,227 131,408 Depreciation and amortization 113,591 217,223 251,198 Share-based payments (1) 178,234 291,633 196,167 General and administrative 345,665 504,346 591,644 Other items 16,374 24,267 18,730 Selling, general and administrative expenses $ 889,421 $ 1,351,483 $ 1,480,968 (1) Refer to Note 2, Significant accounting policies , for detail on the revision of prior year comparatives . Demand generation expense is primarily comprised of fees that the Group pays its various media and affiliate partners. Technology expense primarily relates to maintenance and operations of Farfetch platform features and services, as well as hosting and infrastructure expenses. General and administrative expenses consist primarily of office and warehousing costs, non-technology headcount, marketing and other digital platform operations costs. Other items primarily consist of transaction-related legal and advisory costs.

Items held at fair value and re

Items held at fair value and remeasurements	12 Months Ended
	Dec. 31, 2021
Disclosure Of Fair Value Measurement Of Equity [Abstract]
Items held at fair value and remeasurements	9. Items held at fair value and remeasurements Included within gain/(loss) on items held at fair value and remeasurements are (in thousands): 2019 2020 2021 Change on remeasurement of put and call option and contingent consideration liabilities $ 43,247 $ (288,853 ) $ 384,122 Change in fair value of convertible note embedded derivatives - (2,354,720 ) 1,638,837 Change in fair value of acquisition related consideration (21,526 ) - - Fair value remeasurement of previously held equity interest - - 784 Gains/(losses) on items held at fair value and remeasurements $ 21,721 $ (2,643,573 ) $ 2,023,743 Change on remeasurement of put and call option and contingent consideration liabilities The change on remeasurement of put and call option and contingent consideration liabilities during the year ended December 31, 2021 includes a $156.1 million gain on the remeasurement of liabilities arising as a result of the partnership with the Chalhoub, and a $246.1 million gain on remeasurement of the put and call option resulting from the strategic agreement with Alibaba and Richemont and a $3.9 million loss on remeasurement of the put option relating to the shares that the Company does not own in Alanui. In addition, during the year ended December 31, 2021, as a result of the acquisition of 60 percent of Palm Angels S.r.l. (“Palm Angels”) ordinary share capital, the Company entered into an option agreement over the 40 percent of the share capital that it does not own. As a result, the change on remeasurement of put and call option and contingent consideration liabilities during the year ended December 31, 2021 also includes a $11.3 million loss on the remeasurement of the put and call option over the 40 percent of the share capital in Palm Angels that New Guards does not own. There is also a $2.8 million loss on remeasurement of the contingent consideration relating to this transaction. The change on remeasurement of put and call option and contingent consideration liabilities during the year ended December 31, 2020 includes a $287.9 million loss on the remeasurement of put and call option liabilities arising as a result of the partnership with Chalhoub and a $0.9 million loss on the remeasurement of put and call option liabilities arising as a result of the acquisition of CuriosityChina. The change on remeasurement of put and call option and contingent consideration liabilities during the year ended December 31, 2019 includes a $44.8 million gain on the remeasurement of liabilities arising as a result of the partnership with Chalhoub and a $1.6 million loss on the remeasurement of put and call option liabilities arising as a result of the acquisition of CuriosityChina. The valuation of the Chalhoub liability is based on the Monte Carlo simulation, in which the share price of Farfetch is the significant variable. The valuation of the put and call option liability relating to the strategic agreement with Alibaba and Richemont is calculated using the present value of future expected payments method, with the Farfetch share price as the significant variable. The valuations of the put and call option liability relating to Palm Angels and the contingent consideration liabilities are calculated using the present value of future expected payments method, with management's internal forecasts and the relevant weighted average cost of capital as the significant variables. For further information regarding the valuation of these instruments, refer to Note 28, Financial instruments and financial risk management Fair value remeasurement of previously held equity interest The fair value remeasurement of previously held equity interest relates to New Guards step-acquisition of Alanui (see Note 5 , Business combinations Change in fair value of convertible note embedded derivatives The change in fair value of convertible note embedded derivatives during the year ended December 31, 2021 includes a $484.5 million gain on remeasurement of the embedded derivative on the $250.0 million convertible senior notes issued in February 2020 (“February 2020 Notes”), a $724.7 million gain on remeasurement of the embedded derivative on the $400.0 million convertible senior notes issued in April 2020 (“April 2020 Notes”) and a $429.6 million gain on remeasurement of the embedded derivative on the $600.0 million convertible senior notes issued in November 2020 to Alibaba and Richemont. The $484.5 million gain on remeasurement of the embedded derivative on the $250.0 million convertible note includes a $78.5 million gain on remeasurement relating to the early conversion of these notes. The valuations of derivatives relating to the February 2020 Notes and April 2020 Notes are based on the Black Scholes model. The valuation of the derivative related to the $600.0 million convertible senior notes issued in November 2020 is based on the Binomial model. In both the Black Scholes and Binomial models, the share price is the significant variable. The other assumptions in the Black Scholes and Binomial models are the risk-free rate and volatility. The change in fair value of convertible note embedded derivatives during the year ended December 31, 2020 includes a $978.3 million loss on remeasurement of the embedded derivative on the $250.0 million convertible senior notes issued in February 2020 (“February 2020 Notes”), a $1,104.0 million loss on remeasurement of the embedded derivative on the $400.0 million convertible senior notes issued in April 2020 (“April 2020 Notes”) and a $272.4 million loss on remeasurement of the embedded derivative on the $600.0 million convertible senior notes issued in November 2020 to Alibaba and Richemont. The valuations of derivatives relating to the February 2020 Notes and April 2020 Notes are based on the Black Scholes model. The valuation of the derivative related to the $600.0 million convertible senior notes issued in November 2020 is based on the Binomial model. In both the Black Scholes and Binomial models, the share price is the significant variable. The other assumptions in the Black Scholes and Binomial models are the risk-free rate and volatility. For further information regarding the valuation of these instruments, refer to Note 28, Financial instruments and financial risk management. On May 17, 2021, one of the private investors of the $250.0 million convertible senior notes issued in February 2020 converted $39.1 million of their total $125.0 million convertible notes. This equated to 31 percent of their overall convertible notes holding. This early conversion was settled in shares in line with the indenture agreement. As a result, the embedded derivative relating to the portion of notes that were converted was revalued to a fair value of $90.6 million on the conversion date and the gain on revaluation was recognized within Gain/(loss) on items held at fair value and remeasurements On August 6, 2021, the same private investor converted the remaining $85.9 million of their total $125.0 million convertible notes. This early conversion was settled in shares in line with the indenture agreement. As a result, the embedded derivative relating to the portion of notes that were converted was revalued to a fair value of $241.6 million on the conversion date and the gain on revaluation was recognized within Gain/(loss) on items held at fair value and remeasurements . On October 1, 2021, the other private investor of the convertible senior notes issued in February 2020 converted $75.0 million of their total $125.0 million convertible notes. This equated to 60 percent of their overall convertible notes holding. This early conversion was settled in shares in line with the indenture agreement. As a result, the embedded derivative relating to the portion of notes that were converted was revalued to a fair value of $152.8 million on the conversion date and the gain on revaluation was recognized within Gain/(loss) on items held at fair value and remeasurements For further information regarding the valuation of these instruments, refer to Note 28, Financial instruments and financial risk management.

Finance income and costs

Finance income and costs	12 Months Ended
	Dec. 31, 2021
Net Finance Cost [Abstract]
Finance income and costs	10 . Finance income and costs Included within Finance income Finance costs 2019 2020 (1) 2021 Unrealized exchange gains $ 22,856 $ 19,729 $ 9,289 Interest on cash and cash equivalents 11,526 4,970 3,310 Finance income 34,382 24,699 12,599 Unrealized exchange losses (10,977 ) (39,940 ) (9,135 ) Interest on leases (3,472 ) (6,684 ) (9,137 ) Convertible note interest (1) - (41,851 ) (67,638 ) Other interest expense (4,783 ) (2,819 ) (531 ) Finance costs (19,232 ) (91,294 ) (86,441 ) Net finance income/(costs) $ 15,150 $ (66,595 ) $ (73,842 ) (1) Refer to Note 2, Significant accounting policies , for detail on the revision of prior year comparatives .

Material gain or loss

Material gain or loss	12 Months Ended
	Dec. 31, 2021
Profit Loss [Abstract]
Material gain or loss	1 1 . Material gain or loss The Group has identified a number of items which are material due to the significance of their nature and/or amount. These are listed separately here to provide a better understanding of the financial performance of the group (in thousands): Note 2019 2020 2021 Research and development costs expensed (15,777 ) (22,484 ) (13,599 ) Amortization - Intangible assets 16 (85,055 ) (177,857 ) (201,634 ) Depreciation - Property, plant and equipment 17 (8,972 ) (12,094 ) (15,533 ) Depreciation - Right-of-use assets 18 (19,564 ) (27,272 ) (34,031 ) Impairment losses on intangible assets 16 - (36,269 ) (11,779 ) Impairment losses on right-of-use assets 18 - (2,234 ) - Transaction related legal and advisory expenses (15,374 ) (24,598 ) (18,596 ) (Losses)/gains on items at present value remeasurements 9 (43,247 ) 288,853 384,122 Gains related to conversion of convertible notes - - 78,467 (Losses)/gains from fair value remeasurements of convertible note embedded derivatives 9 - (2,354,720 ) 1,560,370 Change in fair value of acquisition related consideration 9 (21,526 ) - -

Taxation

Taxation	12 Months Ended
	Dec. 31, 2021
Major Components Of Tax Expense Income [Abstract]
Taxation	1 2 . a) Income tax expense/(benefit) (in thousands) 2019 2020 2021 Current tax: Corporate tax $ 15,676 $ 32,430 $ 33,105 Prior year adjustments (1,652 ) (96 ) 3,567 Total current tax 14,024 32,334 36,672 Total deferred tax benefit, net (12,862 ) (46,768 ) (33,670 ) Income tax expense/(benefit) $ 1,162 $ (14,434 ) $ 3,002 b) Reconciliation of the effective tax rate The tax on the Group’s (loss)/profit before tax differs from the theoretical amount that would arise using the weighted average tax rate applicable to profit of the consolidated entities as follows (in thousands): 2019 (1)(2) 2020 (1)(2) 2021 (Loss)/profit before tax (1) $ (392,338 ) $ (3,330,057 ) $ 1,473,613 Tax at the UK tax rate of 19.00% (2020: 19.00%, 2019:19.00%) (74,544 ) (632,711 ) 279,986 Tax effects of: Sundry non-taxable income (4,414 ) (9,555 ) (45,567 ) Sundry non-taxable expense 6,338 22,262 20,493 Non-taxable items evaluated at fair value - 548,524 (311,379 ) Taxes paid overseas and rate difference 3,853 5,816 (6,260 ) Adjustments in respect of change in tax rates - - (937 ) Adjustments in respect of prior year (1,652 ) (96 ) 3,567 Unrecognized deferred tax assets 71,581 51,326 63,099 Income tax expense/(benefit) $ 1,162 $ (14,434 ) $ 3,002 (2) Refer to Note 2, Significant accounting policies , for detail on the revision of prior year comparatives . (3) Previously reported comparatives for the years ended December 31, 2020 and 2019 have been re-presented for comparability with condensed disclosure for the year ended December 31, 2021. During the preparation of the Group’s condensed Consolidated financial statements for the three months ended March 31, 2021, a misstatement of $17.4 million was identified in relation to the accounting for interest expense reported in our results for the year ended December 31, 2020, relating to a calculation error. During the preparation of the Group’s Consolidated financial statements for the year ended December 31, 2021, an understatement of $19.8 The UK corporation tax rate applicable from April 1, 2020 is 19% therefore, the Group has used a tax rate of 19% for the 2021 financial year. A n increase in the main UK corporation tax rate to 25% from fiscal year 2023, announced in the Budget on March 3, 2021, has been substantially enacted therefore, in calculating UK unrecognized deferred tax assets on tax losses, the calculation has used the enacted tax rates. The tax on items presented within other comprehensive (loss)/income is $ nil nil

Loss per share

Loss per share	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Loss per share	1 3 . Loss per share Basic (loss)/earnings per share is computed using the weighted-average number of outstanding shares during the year. Diluted loss per share is computed using the weighted-average number of outstanding shares and excludes all potential shares outstanding during the year, as their inclusion would be anti-dilutive. The Group’s potential shares consist of incremental shares issuable upon the assumed exercise of share options and warrants, the incremental shares issuable upon the assumed vesting of unvested share awards, potential shares issuable on the conversion of the convertible loan notes and potential shares issuable on the conversion of certain put-call options. The calculation of basic (loss)/earnings per share and diluted loss per share is as follows (in thousands): 2019 (1) 2020 (1) 2021 In $ thousands, except share and per share data Diluted (loss)/income (Loss)/profit after tax attributable to equity holders of the parent: Used in calculating basic (loss)/earnings per share $ (405,109 ) $ (3,333,171 ) $ 1,466,487 Adjustments: Convertible note interest - - 67,638 Gain on items held at fair value and remeasurements - - (2,041,013 ) Loss after tax attributable to equity holders of the parent used in calculating diluted loss per share $ (405,109 ) $ (3,333,171 ) $ (506,888 ) Weighted average number of basic shares 318,843,239 343,829,481 364,696,712 Dilutive securities: Options - - 20,257,787 Restricted Stock Units (RSUs) - - 8,014,788 Other awards - - 1,200,105 Acquisition related deferred shares 180,369 February 2020 notes - - 14,216,896 May 2020 notes - - 24,794,680 November 2020 notes - - 18,583,620 Chalhoub liability - - 3,984,014 Farfetch China Holdings Ltd liability - - 16,429,024 Weighted average number of dilutive shares 318,843,239 343,829,481 472,357,995 (Loss)/earnings per share attributable to equity holders of the parent: Basic $ (1.27 ) $ (9.69 ) $ 4.02 Diluted $ (1.27 ) $ (9.69 ) $ (1.07 ) (1) Refer to Note 2, Significant accounting policies Potential ordinary shares excluded from Diluted earnings per share as their conversion would have an antidilutive effect are as follows (in thousands): 2019 2020 2021 Convertible Notes - 63,758 - Employee options & RSU's 9,105 40,890 1,114 Contingent consideration - - 136 Put Call options - - 3,786 In the year ended December 31, 2019, all warrants above were exercised. Refer to Note 9, Items held at fair value and remeasurements

Inventories

Inventories	12 Months Ended
	Dec. 31, 2021
Classes Of Inventories [Abstract]
Inventories	1 4 . Inventories Inventories as at December 31 comprised the following (in thousands): 2020 2021 Finished goods $ 167,225 $ 278,345 Obsolete stock provision (21,916 ) (22,681 ) Total inventories $ 145,309 $ 255,664 The total cost of inventory recognized as an expense in the consolidated statement of operations was $516.2 million for the year ended December 31, 2021 (2020: $411.7 million, 2019: $232.6 million).

Trade and other receivables

Trade and other receivables	12 Months Ended
	Dec. 31, 2021
Trade And Other Receivables [Abstract]
Trade and other receivables	1 5 . Trade and other receivables comprised the following at December 31 (in thousands): 2020 2021 Non-current Other receivables $ 58,081 $ 31,225 Non-current other receivables $ 58,081 $ 31,225 Current Trade receivables $ 49,833 $ 63,046 Other current receivables 123,492 179,964 Sales taxes 26,642 117,234 Allowance for expected credit losses (4,062 ) (5,208 ) Prepayments and accrued income 14,041 19,670 Current trade and other receivables $ 209,946 $ 374,706 Non-current other receivables is primarily comprised of withholding tax relating to share-based compensation, deposits for office leases and services and operations-related deposits, which the Group is not expecting to recover within the next twelve months. Other current receivables primarily relate to advances to boutique partners, first-party product suppliers and other suppliers. Included within Other current receivables is $2.3 million of restricted cash (2020: $nil). Sales tax receivables relate to recoverable VAT arising on indirect exports, including between UK and Europe, where we have adapted our transactional flows in response to the formal withdrawal of the United Kingdom from the European Union on January 31, 2020. The Group has assessed its expected credit loss (“ECL”) estimate in line with the requirements of IFRS 9 – Financial instruments

Intangible assets

Intangible assets	12 Months Ended
	Dec. 31, 2021
Intangible Assets And Goodwill [Abstract]
Intangible assets	1 6 . Intangible assets Intangible assets consist of the following (in thousands): Goodwill Brand, trademarks & domain names Customer relationships Development costs Total Cost At January 1, 2020 $ 341,067 $ 965,317 $ 6,010 $ 163,933 $ 1,476,327 Additions - 14,000 - 89,282 103,282 Additions acquired through business combinations (1) 15,474 4,826 - - 20,300 Foreign exchange movements (20 ) 4,265 850 216 5,311 At December 31, 2020 356,521 988,408 6,860 253,431 1,605,220 Additions - 131,161 395 118,661 250,217 Additions acquired through business combinations (1) 27,006 7,279 1,692 9,899 45,876 Disposals - (3 ) - (11 ) (14 ) Foreign exchange movements (1,242 ) (2,116 ) (52 ) (122 ) (3,532 ) At December 31, 2021 382,285 1,124,729 8,895 381,858 1,897,767 Accumulated amortization and impairment At January 1, 2020 - (57,014 ) (1,786 ) (54,560 ) (113,360 ) Amortization for year - (125,325 ) (34 ) (52,498 ) (177,857 ) Impairment for year - (36,269 ) - - (36,269 ) Foreign exchange movements - 1,593 (1,806 ) 1,807 1,594 At December 31, 2020 - (217,015 ) (3,626 ) (105,251 ) (325,892 ) Amortization for year - (132,592 ) (451 ) (68,591 ) (201,634 ) Impairment for year - (11,779 ) - - (11,779 ) Disposals - 3 - (30 ) (27 ) Foreign exchange movements - 1,115 (64 ) 171 1,222 At December 31, 2021 - (360,268 ) (4,141 ) (173,701 ) (538,110 ) Net book value At December 31, 2020 356,521 771,393 3,234 148,180 1,279,328 At December 31, 2021 $ 382,285 $ 764,461 $ 4,754 $ 208,157 $ 1,359,657 (1) Refer to Note 5, Business combinations Intangible assets with definite useful lives Included within Development costs As of December 31, 2021, Brands, Trademarks and domain names Critical accounting judgments and key sources of estimation uncertainty Development costs relate to development expenses that meet the capitalization criteria under IAS 38 - Intangible Assets , acquired software in business combinations , and includes the development of internal software and technologies related to the enhancement of the Group's Digital Platform . Amortization for all intangible assets is recognized in Selling, general and administrative expenses During the year ended December 31, 2021 impairment expense of $11.8 million was recognized primarily relating to a reduction in forecasted sales, which decreased the value-in-use of one of the smaller intangible brand assets within the New Guards portfolio and is associated with the Brand Platform reportable operating segment The impairment charge of $36.3 million on intangible assets for the year ended December 31, 2020, is primarily comprised of a $30.5 million charge related to a reduction in the carrying value of one of the smaller intangible brand assets within New Guards portfolio. The remaining $5.8 million impairment charge on intangible assets related to the closure of our direct consumer-facing channels on JD.com and the associated intangible asset held for the Farfetch Level 1 access button. Intangible assets with indefinite useful lives Goodwill reflects the amount of consideration in excess of the fair value of net assets acquired in business combinations. The Group tests goodwill annually for impairment, or more frequently if there are indications that goodwill might be impaired. Goodwill has been allocated to the following CGUs or group of CGUs. New acquisitions Allure and Luxclusif have been allocated to the Marketplace CGU. JBUX has been allocated to Farfetch Platform Solutions. For details regarding additions to goodwill refer to Note 5, Business combinations The goodwill amounts for each CGU or group of CGU consists of the following at December 31 (in thousands): 2020 2021 CGU Marketplace (FF.com) $ 153,086 $ 176,776 Browns - Platform 19,015 19,015 CuriosityChina 3,039 3,039 Brand Platform - New Guards 181,381 181,381 Farfetch Platform Solutions — 2,074 Total Goodwill $ 356,521 $ 382,285 In finalizing the purchase price allocation of the New Guards acquisition, we determined a portion of the goodwill ($17.7 million) should be allocated to the Marketplace CGU as synergies arising from the acquisition will benefit the Group’s digital business. Similarly, when finalizing the Ambush acquisition, we allocated $4.4 million of the goodwill to the Marketplace CGU and $6.3 million to the Brand Platform. The recoverable amounts of the CGUs are determined from value in use calculations. The key assumptions for the value in use include (i) expected future revenue growth rates, including the terminal growth rate; (ii) anticipated gross profit margins (iii) anticipated operating margins; and (iv) the discount rates to be applied to the estimated future cash flows. Management estimates discount rates using pre-tax rates that reflect current market assessments of the time value of money and the risks specific to the CGUs and the group of units. The growth rates are based on revenue growth and cost of revenue forecasts. The Group prepares cash flow forecasts derived from the most recent financial budgets approved by management for the next three years. Forecasts are extended to five or eight years using management’s best estimates, according to the nature and maturity of each CGU. The Group believes this period range is appropriate to capture the high growth rates seen in the markets in which our CGUs operate. The key assumptions for the value in use calculations are the revenue growth rates and the pre-tax discount rates, plus gross profit margin for selected CGUs. The Group extrapolates the cash flows in the fifth or eighth year based on an estimated growth rate of 2 % ( 20 20 : 2 %). This rate does not exceed the average long-term growth rate for the relevant markets. The p re -tax discount rate used to discount the forecast cash flows ranges from % to % ( 20 20 : 9.6 % to 11.2 %) . The p re -tax discount rate applied is derived from a market participant’s estimated weighted average cost of capital. The assumptions used in the calculation of the Group’s weighted average cost of capital are benchmarked to externally available data. Management has performed sensitivities on key assumptions and based upon these believe that there are no indicators of impairment. The recoverable amount of each CGU would equal its carrying amount if the key assumptions were to change as follows: Marketplace (FF.com) Browns – Platform CuriosityChina Brand Platform – New Guards Budgeted annual revenue growth (change in pp) (5.4 ) (3.3 ) (0.7 ) (13.6 ) Post-tax discount rate (change in pp) 1.4 1.2 0.2 3.8 Budgeted gross profit margin (change in pp) (1.1 ) (0.5 ) (3.5 ) (11.9 ) Long term growth rate (change in pp) (1.4 ) (3.6 ) (0.3 ) (3.7 )

Property, plant and equipment

Property, plant and equipment	12 Months Ended
	Dec. 31, 2021
Disclosure Of Property Plant And Equipment [Abstract]
Property, plant and equipment	1 7 . Property, plant and equipment Property, plant and equipment comprised the following (in thousands): Freehold land Leasehold improvements Fixtures and fittings Motor vehicles Plant, machinery and equipment Totals Cost At January 1, 2020 $ 17,818 $ 43,135 $ 12,968 $ 193 $ 16,944 $ 91,058 Additions - 18,039 4,799 - 4,228 27,066 Additions acquired through business combinations (1) - 1,052 - - 313 1,365 Disposals - - (80 ) - (212 ) (292 ) Transfers - (174 ) 513 - (533 ) (194 ) Foreign exchange movements 1,751 3,396 995 8 1,146 7,296 At December 31, 2020 19,569 65,448 19,195 201 21,886 126,299 Additions - 12,264 8,167 108 7,895 28,434 Additions acquired through business combinations (1) - 6 43 - 159 208 Disposals - (3,219 ) (1,045 ) - (1,037 ) (5,301 ) Transfers - (2,383 ) 85 - 2,305 7 Foreign exchange movements (1,545 ) (2,851 ) (1,370 ) (7 ) (991 ) (6,764 ) At December 31, 2021 18,024 69,265 25,075 302 30,217 142,883 Accumulated depreciation and impairment At January 1, 2020 - (10,517 ) (4,660 ) (100 ) (7,782 ) (23,059 ) Depreciation for year - (5,175 ) (2,605 ) (22 ) (4,293 ) (12,094 ) Impairment for year - (620 ) (135 ) - (2 ) (757 ) Disposals - - 83 - 189 272 Transfers - 77 (14 ) - 150 212 Foreign exchange movements - (792 ) (369 ) (8 ) (621 ) (1,791 ) At December 31, 2020 - (17,027 ) (7,701 ) (130 ) (12,359 ) (37,217 ) Depreciation for year - (6,615 ) (3,589 ) (29 ) (5,300 ) (15,533 ) Disposals - 3,095 1,008 - 998 5,101 Foreign exchange movements - 919 446 7 457 1,829 At December 31, 2021 - (19,628 ) (9,836 ) (152 ) (16,204 ) (45,820 ) Net book value At December 31, 2020 19,569 48,421 11,494 71 9,527 89,082 At December 31, 2021 $ 18,024 $ 49,637 $ 15,239 $ 150 $ 14,013 $ 97,063 (1) Business combinations Included within Leasehold improvements Depreciation for all property, plant and equipment is recorded in Selling, general and administrative expenses The impairment charge of $0.8 million during the year ended December 31, 2020, primarily related to a reduction in the carrying value of Leasehold improvements, Fixtures and fittings Plant, machinery and equipment There were no impairment losses in the year ended December 31, 2021.

Right-of-use assets and lease l

Right-of-use assets and lease liabilities	12 Months Ended
	Dec. 31, 2021
Presentation Of Right Of Use Assets And Lease Liabilities [Abstract]
Right-of-use assets and lease liabilities	18. The Group's leasing activities: The Group leases various offices, retail stores and cars. Lease contracts are typically made for fixed periods of three to twelve years but may have extension options. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. Low-value assets comprise IT-equipment and small items of office furniture. Right-of-use assets comprised the following (in thousands): Property Vehicles Totals 2020 At January 1, 2020 $ 114,618 $ 558 $ 115,176 Additions 90,240 162 90,402 Remeasurements 13 (8 ) 5 Depreciation charge for the year (27,048 ) (224 ) (27,272 ) Impairment charge for the year (2,234 ) - (2,234 ) Foreign exchange 3,149 1 3,150 At December 31, 2020 $ 178,738 $ 489 $ 179,227 2021 At January 1, 2021 $ 178,738 $ 489 $ 179,227 Additions 42,931 300 43,231 Remeasurements 15,242 1 15,243 Depreciation charge for the year (33,727 ) (304 ) (34,031 ) Foreign exchange (8,095 ) (26 ) (8,121 ) At December 31, 2021 $ 195,089 $ 460 $ 195,549 During the year ended December 31, 2021, there was no impairment charge recognized in relation to right-of-use assets. During the year ended December 31, 2020, the impairment charge of $2.2 million was primarily comprised of a $1.5 million reduction in the carrying value of the right-of-use assets at one of our smaller retail locations and is associated with the In-Store reportable operating segment. The remaining $0.7 million relates to a reduction in the carrying value of corporate right-of-use assets associated with the impairment of a smaller intangible brand asset within the New Guards portfolio, and is associated with the Brand Platform reportable operating segment Lease liabilities comprised the following as at December 31 (in thousands): 2020 2021 Current lease liabilities $ 26,128 $ 33,594 Non-current lease liabilities 165,275 180,915 Total lease liabilities $ 191,403 $ 214,509 During the year ended December 31, 2021, the Group paid $26.3 million (2020: $19.1 million) in principal elements of lease payments. During the year ended December 31, 2021, a charge of $6.7 million (2020: $6.4 million) was recognized in relation to short-term and low value leases.

Investments

Investments	12 Months Ended
	Dec. 31, 2021
Disclosure Of Significant Investments In Associates [Abstract]
Investments	19. In the year ended December 31, 2021, the investments of the Group were comprised of minority equity interests and convertible loan notes. In the year ended December 31, 2020, the investments of the Group were comprised of minority equity interests, convertible loan notes and senior secured promissory loan notes. During the year ended December 31, 2021, the Group made a $9.0 million investment in The Diem Association. The details of investments are as follows (in thousands): Investments - held at fair value through other comprehensive income (FVTOCI) Investments - held at amortized cost Investments - held at fair value through profit or loss (FVTPL) At January 1, 2020 $ 5,141 $ 10,588 $ 500 Additions 372 - 2,500 Impairment (235 ) - - Acquisition of intangible asset - (10,588 ) - At December 31, 2020 5,278 - 3,000 Additions 40 - 9,787 Impairment (168 ) - - At December 31, 2021 $ 5,150 $ - $ 12,787 Investments in associates The table below (in thousands) illustrates the summarized financial information of the Group’s investments in Farfetch Finance Limited and Alanui (up to March 1, 2021). The Group’s shareholdings in Alanui and its principal activities can be found in Note 32, Group information Business Combinations At January 1, 2020 $ 2,466 Dividends received from associate (60 ) Share of loss after tax (74 ) Foreign exchange (13 ) At December 31, 2020 2,319 Step acquisition (2,198 ) Share of loss after tax (52 ) At December 31, 2021 $ 69 At December 31, 2021, no impairment indicators were identified.

Cash and cash equivalents

Cash and cash equivalents	12 Months Ended
	Dec. 31, 2021
Cash And Cash Equivalents [Abstract]
Cash and cash equivalents	20 . Cash and cash equivalents For the purpose of presentation in the Consolidated statement of cash flows and Consolidated statement of financial position, cash and cash equivalents includes cash held in banks, money market funds such as call deposits held with financial institutions, short-term deposits including highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value, and cash amounts held by payment service providers. Cash and cash equivalents consist of the following at December 31 (in thousands): 2020 2021 Cash held in banks $ 173,206 $ 141,130 Money market funds 1,011,330 810,453 Short-term deposits 333,353 353,539 Amounts held by payment service providers 55,532 58,006 Cash and cash equivalents $ 1,573,421 $ 1,363,128

Short-term investments

Short-term investments	12 Months Ended
	Dec. 31, 2021
Short Term Investment [Abstract]
Short-term investments	2 1 . Short-term investments The short-term investment entered into during the year ended December 31, 2021 relates to variable Net Asset Value (“NAV”) investments, representing cash investments in variable money market instruments on the basis of a mark-to-market valuation of an underlying portfolio of money market instruments. These do not meet the definition of cash and cash equivalents as they are not readily convertible into known amounts of cash and are subject to significant risk of changes in value. All changes in fair value of these investments are recognized in the Consolidated statement of operations. Short-term investments consist of the following at December 31 (in thousands): 2020 2021 Short-term investments $ - $ 99,971 Short-term investments $ - $ 99,971

Trade and other payables

Trade and other payables	12 Months Ended
	Dec. 31, 2021
Trade And Other Current Payables [Abstract]
Trade and other payables	2 2 . Trade and other payables Trade and other payables consisted of the following at December 31 (in thousands): 2020 2021 Trade payables $ 277,827 $ 342,938 Other payables 16,642 22,208 Social security and other taxes 76,820 69,053 Deferred revenue 30,957 60,486 Accruals 263,898 311,721 Trade and other payables $ 666,144 $ 806,406 Trade Payables primarily relates to supplier invoices for marketing, shipping, inventory, software and hosting related expenses.

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2021
Disclosure Of Detailed Information About Borrowings [Abstract]
Borrowings	23. Borrowings Convertible Notes On February 5, 2020, the Group issued $250.0 million total aggregate principal amount of 5.00% convertible senior notes due December 31, 2025 (“February 2020 Notes”) in a private placement to private investors. On April 30, 2020, the Group issued $400.0 million total aggregate principal amount of 3.75% convertible senior notes due May 1, 2027 (“April 2020 Notes”) in a private placement to qualified institutional investors pursuant to Rule 144A of the Securities Act of 1933 , as amended. On November 17, 2020, the Group issued $ 600.0 million total aggregate principal amount of 0.00 % convertible senior notes due November 15, 2030 (“November 2020 N otes”) to Alibaba and Richemont. The total net proceeds from these offerings were $ million, after deducting $ 9.6 million of debt issuance costs in connection with these notes. The February 2020, April 2020 and November 2020 Notes represent senior unsecured obligations of the Group. With respect to the February 2020 Notes, the interest rate is fixed at 5.00% per annum and is payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each year, and commenced on March 31, 2020. For the April 2020 Notes, the interest rate is 3.75% per annum and is payable bi-annually in advance on May 1 and November 1 of each year, and commenced on November 1, 2020. For the November 2020 Notes, the interest rate is 0.00% per annum. On May 17, 2021, a total of 3,190,345 shares were issued on conversion of $39.1 million principal amount of February 2020 Notes. No gain or loss was recognized on conversion. On conversion, non-current borrowings with a carrying value of $28.4 million and non-current derivative financial liabilities with a fair value of $90.6 million were reclassified to equity. The increase in equity resulted in an increase to share capital of $0.1 million and to share premium of $118.9 million. On August 6, 2021, a total of 7,013,405 shares were issued on conversion of $85.9 million principal amount of February 2020 Notes. No gain or loss was recognized on conversion. On conversion, non-current borrowings with a carrying value of $63.1 million and non-current derivative financial liabilities with a fair value of $241.6 million were reclassified to equity. The increase in equity resulted in an increase to share capital of $0.3 million and to share premium of $304.4 million. On October 1, 2021, a total of 6,122,250 shares were issued on conversion of $75.0 million principal amount of February 2020 Notes. No gain or loss was recognized on conversion. On conversion, non-current borrowings with a carrying value of $55.2 million and non-current derivative financial liabilities with a fair value of $152.8 million were reclassified to equity. The increase in equity resulted in an increase to share capital of $0.2 million and to share premium of $207.7 million. February 2020 Notes Each $1,000 of principal of the February 2020 Notes will initially be convertible into 81.63 shares of the Group’s common stock, which is equivalent to an initial conversion price of $12.25 per share, in each case, subject to adjustment upon the occurrence of specified events set forth in the indenture governing such series. Holders of these notes may convert their notes at their option at any time until the maturity date of December 31, 2025. Upon conversion of these notes, the Group will pay or deliver, as the case may be, cash, shares of its common stock or a combination of cash and shares of its common stock, at the Group’s election. If the Group satisfies its conversion obligation solely in cash or through payment and delivery, as the case may be, of a combination of cash and shares of its common stock, the amount of cash and shares of common stock, if any, due upon conversion of the February 2020 Notes, as applicable, will be based on a daily conversion value (as defined in the indenture governing the applicable series of Convertible Notes) calculated on a proportionate basis for each trading day in the applicable observation period. If a change of control (as defined in the indenture) occurs prior to the applicable maturity date, holders of the February 2020 Notes, as applicable, may require the Group to repurchase all of their notes for cash at a 50% premium and any unpaid interest, or an equity equivalent based on a pre-set make whole calculation based on the prevailing share price at the time. The Group may redeem the February 2020 Notes, in whole, at any time on or after February 5, 2024 at a price equal to 165% of the principal amount of the February 2020 Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the repurchase date. In accordance with the accounting guidance in IFRS 9 on embedded conversion features, the Group valued and bifurcated the conversion option associated with the February 2020 Notes from the respective host debt instrument, which is referred to as a debt discount, and initially recorded the conversion option at $ 81.9 million as a derivative financial liability. The resulting debt discount on the notes is amortized to interest expense at an effective interest rate of % over the contractual terms of these notes. The Group allocated $ 0.8 million of debt issuance costs to the derivative financial liability component which was expensed immediately to the C onsolidated statement of operations and the remaining $ 1.7 million of debt issuance costs are amortized to finance costs under the effective interest rate method over the contractual terms of these notes. April 2020 Notes Each $1,000 of principal of the April 2020 Notes will initially be convertible into 61.99 shares of the Group’s common stock, which is equivalent to an initial conversion price of $16.13 per share, in each case, subject to adjustment upon the occurrence of specified events set forth in the indenture governing such series. Holders of these notes may convert their notes after September 30, 2020, if the share price exceeds 130% of the conversion price consecutively for thirty days prior. Upon conversion of these notes, the Group will pay or deliver, as the case may be, cash, shares of its common stock or a combination of cash and shares of its common stock, at the Group’s election. If the Group satisfies its conversion obligation solely in cash or through payment and delivery, as the case may be, of a combination of cash and shares of its common stock, the amount of cash and shares of common stock, if any, due upon conversion of the April 2020 Notes, as applicable, will be based on a daily conversion value (as defined in the indenture governing the applicable series of Convertible Notes). If a fundamental change (as defined in the indenture governing these Convertible Notes) occurs prior to the applicable maturity date, holders of these notes, as applicable, may require the Group to repurchase all of the April 2020 Notes for cash at a repurchase price equal to the principal amount of the April 2020 Notes to be repurchased, plus accrued and unpaid interest, if any, up to, but excluding, the fundamental change repurchase date. In addition, if specific corporate events occur prior to the applicable maturity date of the April 2020 Notes, the Group may redeem the April 2020 Notes in whole, at a cash redemption price equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, up to but excluding, the redemption date. Further, calling any April 2020 Notes for redemption will be subject to a “make-whole” premium and therefore the conversion rate applicable to the conversion of that note will be increased in certain circumstances if it is converted during a specified period after it is called for redemption. In accordance with the accounting guidance in IFRS 9 on embedded conversion features, the Group valued and bifurcated the conversion option associated with the April 2020 Notes from the host debt instrument, which is referred to as a debt discount, and initially recorded the conversion option of $113.5 million as a derivative financial liability. The resulting debt discount on the April 2020 Notes is amortized to finance costs at an effective interest rate of 9.7% over the contractual terms of these notes. The Group allocated $3.0 million of debt issuance costs to the derivative financial liability component which was expensed immediately to the Consolidated statement of operations and the remaining $7.6 million of debt issuance costs are amortized to finance costs under the effective interest method over the contractual terms of these notes. The Group may redeem the April 2020 Notes, in whole, at any time on or after May 6, 2024, only if the share price is 130% of the note conversion price for thirty consecutive trading days prior, in addition to the principal being subject to “make-whole” conversion rate adjustments. If the Group experiences a fundamental change triggering event (as defined in the Indenture), the Group might be required by the holders of the April 2020 Notes to repurchase their notes at a cash repurchase price equal to the principal amount of the April 2020 Notes to be repurchased, plus accrued and unpaid interest, if any, up to, but excluding, the fundamental change repurchase date. November 2020 Notes Each $1,000 of principal of the November 2020 Notes will initially be convertible into 30.97 shares of the Group’s common stock, which is equivalent to an initial conversion price of $32.29 per share, in each case, subject to adjustment upon the occurrence of specified events set forth in the indenture governing such series. Holders of these notes may convert their notes at their option at any time until prior to the close of business on the second scheduled trading day immediately preceding the maturity date of November 15, 2030. Upon conversion of these shares, depending on the identity of the holder, the Group will pay or deliver, as the case may be, cash, shares of its common stock or a combination of cash and shares of its common stock, at the Group’s election. If the Group satisfies its conversion obligation solely in cash or through payment and delivery, as the case may be, of a combination of cash and shares of its common stock, the amount of cash and shares of common stock, if any, due upon conversion of the notes, as applicable, will be based on a daily conversion value (as defined in the indenture governing the applicable series of Convertible Notes). If certain events occur that constitute a “fundamental change” (as defined in the indenture governing the terms of the November 2020 Notes), holders of the November 2020 Notes will have the right to require the Group to repurchase all or some of their November 2020 Notes for cash at a repurchase price equal to 100% of their principal amount, plus all accrued and unpaid special interest, if any, up to, and including, the maturity date. The Group will, under certain circumstances, increase the conversion rate for holders who convert November 2020 Notes in connection with a fundamental change. Alibaba and Richemont may require the Group to repurchase all or part of their respective November 2020 Notes on June 30, 2026 at a repurchase price equal to 100% of the principal amount of the Notes to be repurchased, plus accrued and unpaid special interest, if any, up to, but excluding, such repurchase date. The Group will not be able to redeem the November 2020 Notes prior to November 15, 2023, except in the event of certain tax law changes. On or after November 15, 2023, the Group may redeem, for cash, all or part of the relevant November 2020 Notes if the last reported sale price of its Class A ordinary shares has been at least 130% (or 200%, if over 5% of the relevant November 2020 Notes are held at the time by Alibaba or Richemont) of the conversion price then in effect for at least twenty trading days (whether or not consecutive) during any thirty consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which the Group provides notice of the redemption, at a redemption price equal to 100% of the principal amount of the November 2020 Notes to be redeemed, plus accrued and unpaid special interest, if any, up to, but excluding, the redemption date. In accordance with the accounting guidance in IFRS 9 on embedded conversion features, the Group valued and bifurcated the conversion option associated with the November 2020 Notes from the host debt instrument, which is referred to as a debt discount, and initially recorded the conversion option of $446.0 million as a derivative financial liability. The resulting debt discount on the November 2020 Notes is amortized to finance costs at an effective interest rate of 14.9% over the contractual terms of these notes. The effective interest rate previously disclosed in our Annual Report on Form 20-F for the year ended December 31, 2020, was updated as a result of the revision referred to in Note 2, Significant accounting policies. The convertible borrowings are presented in the Consolidated statement of financial position as follows (in thousands): 2020 (1) 2021 At January 1 $ - $ 617,789 Face value of notes issued 1,250,000 - Value of embedded derivatives (641,448 ) - 608,552 617,789 Transaction costs (13,539 ) - Interest expense 41,851 67,638 Interest paid (19,075 ) (22,950 ) Conversion of February 2020 Notes - (146,673 ) Total non-current borrowings $ 617,789 $ 515,804 (1) Refer to Note 2, Significant accounting policies , for detail on the revision of prior year comparatives. The value of the three conversion options discussed above are subsequently remeasured at fair value at each reporting date, and the changes in the fair value are recorded in the Consolidated statement of operations within the gain/(loss) on items held at fair value and remeasurements line. The fair values of the embedded derivatives are determined using an option pricing model, using assumptions based on market conditions at the reporting date. For further details refer to Note 28, Financial instruments and financial risk management . For the year ended December 31, 2021, the Group recorded a fair value gain on remeasurement of $1,638.8 million (2020: loss on remeasurement of $2,354.7 million) related to the decrease in the fair value of these conversion options mainly as a result of the share price decreasing from $63.81 to $33.43.

Provisions

Provisions	12 Months Ended
	Dec. 31, 2021
Provisions [Abstract]
Provisions	2 4 . Provisions Provisions consist of the following (in thousands): Dilapidations provision Share-based payments employment taxes provision Provision for withholding taxes Other provisions Total Current liabilities At January 1, 2020 $ - $ - $ - $ - $ - Additional provision in the year - - - 12,498 12,498 Release of provision in the year - - - (800 ) (800 ) Utilized provision in the year - - - (1,630 ) (1,630 ) Transfer from non-current provisions - 12,105 4,100 873 17,078 At December 31, 2020 - 12,105 4,100 10,941 27,146 Additional provision in the year 178 2 - 3,606 3,786 Release of provision in the year - (4,427 ) - (584 ) (5,011 ) Utilized provision in the year (308 ) - (3,500 ) (9,233 ) (13,041 ) Transfer from non-current provisions 277 - 1,901 - 2,178 Foreign exchange (5 ) - - (468 ) (473 ) At December 31, 2021 $ 142 $ 7,680 $ 2,501 $ 4,262 $ 14,585 Non-current liabilities At January 1, 2020 $ 3,352 $ 7,979 $ 11,500 $ 873 $ 23,704 Additional provision in the year 3,039 131,836 - 1,011 135,886 Transfer to current provisions - (12,105 ) (4,100 ) (873 ) (17,078 ) Release of provision in the year (757 ) (945 ) - - (1,702 ) Utilized provision in the year - (11,758 ) - - (11,758 ) Foreign exchange 36 25 - - 61 At December 31, 2020 5,670 115,032 7,400 1,011 129,113 Additional provision in the year 2,125 2,135 - - 4,260 Transfer to current provisions (277 ) - (1,901 ) - (2,178 ) Release of provision in the year (284 ) (45,987 ) (500 ) (168 ) (46,939 ) Utilized provision in the year (4 ) (22,516 ) - (841 ) (23,361 ) Foreign exchange (292 ) (60 ) - 2 (350 ) At December 31, 2021 $ 6,938 $ 48,604 $ 4,999 $ 4 $ 60,545 The dilapidations provision reflects the best estimate of the cost to restore leasehold property in line with the Group’s contractual obligations. Based on a detailed analysis the Group has estimated a liability of $7.1 million (2020: $5.7 million). In estimating the liability, the Group has made assumptions which are based on past experience. Assuming the leases are not extended, the Group expects the economic outflows to match the contractual end date of the leases. The leases have an average lease term of eight years with an average of five years remaining. The share-based payments employment taxes provision reflects the best estimate of the cost to settle employment related taxes in connection with the Group's share-based payments. This is based on the most recent share price and the number of share options vested and un-exercised, or expected to vest where the Group has a future obligation to settle employment related taxes. The Group has estimated a liability of $56.3 million at December 31, 2021 (2020: $127.1 million). When a share option is exercised, the liability for employment related taxes becomes due to the relevant tax authority. During 2021, $22.5 million (2020: $11.8 million) was transferred from provisions to trade and other payables. We expect the provision to be fully utilized in 8.11 years (2020: 8.94 years), being the weighted average remaining contracted life of options outstanding at December 31, 2021. It is likely that this provision will be utilized over a shorter period, however, this is dependent on when the option holder decides to exercise, which the Group is not in control of.

Contracted commitments, conting

Contracted commitments, contingencies and guarantees	12 Months Ended
	Dec. 31, 2021
Disclosure Of Commitments And Guarantees [Abstract]
Contracted commitments, contingencies and guarantees	2 5 . Contracted commitments, contingencies and guarantees Contingent liabilities Litigation From time to time we are engaged in disputes and claims. We believe that the ultimate outcome of these proceedings will not have a material adverse impact on our consolidated financial position or results of operations, but the outcome of these proceedings is inherently difficult to predict. There can be no assurance that we will prevail in any such litigation. Liabilities for material claims against us are recognized as a provision when an outflow of economic resources is considered probable and can be reasonably estimated. Legal costs associated with claims are expensed as incurred.

Deferred tax

Deferred tax	12 Months Ended
	Dec. 31, 2021
Deferred Tax Assets And Liabilities [Abstract]
Deferred tax	26. As a result of the acquisition of New Guards and CuriosityChina, the Group in 2019 recognized a deferred tax liability of $232.6 million on acquired intangibles. The cumulative deferred tax release is equal to $84.2 million of which $32.2 million in 2021 is the effect of the impairment of the carrying value of the intangible asset associated with the New Guards brand portfolio. As a result of the purchase price allocation exercise arising from the acquisition of Ambush, a deferred tax liability of $1.3 million has been recognized in 2020 as a temporary difference. The cumulative deferred tax release is equal to $0.4 million, of which $0.3 million is during 2021. As a result of the purchase price allocation exercise arising from 2021 acquisitions, a deferred tax liability of $6.5 million was recognized in 2021 as a temporary difference. The deferred tax release in 2021 is equal to $0.2 million. Deferred tax assets of $12.0 million (2020: $5.7 million) mainly relate to inventory write off provision and differences between Italian GAAP and IFRS GAAP in New Guards that can be carried forward indefinitely. New Guards calculates the tax due for financial statements purposes according to Italian GAAP. Deferred tax assets of $1.3 million (2020: $4.1 million) are related to tax incentives credits available for Farfetch Portugal due to research and development activity and fixed assets investments, which can be carried forward for ten and eight years, respectively. The Group has estimated that deferred tax assets will be recoverable using the future taxable incomes based on the business plans of the Italian and Portuguese subsidiaries. Deferred tax assets and liabilities consist of the following at December 31 (in thousands): Note Deferred tax assets Deferred tax liabilities At January 1, 2020 $ 5,324 $ 219,789 Deferred tax released to profit or loss (1) 5 7,682 (39,087 ) Foreign exchange 614 (4 ) Reclassifications to balance sheet (64 ) - Deferred tax recognized on acquisitions to balance sheet 5 - 1,765 At December 31, 2020 $ 13,556 $ 182,463 Deferred tax released to profit or loss 393 (33,275) Foreign exchange (913 ) (296 ) Reclassifications to balance sheet 298 672 Deferred tax recognized on acquisitions to balance sheet 5 - 6,461 At December 31, 2021 $ 13,334 $ 156,025 Deferred tax, net liability at December 31, 2021 $ 142,691 (1) Previously reported comparatives for the years ended December 31, 2020 and 2019 have been re-presented for comparability with condensed disclosure for the year ended December 31, 2021 Unrecognized deferred tax assets Unutilized trading tax losses The Group has accumulated unutilized tax losses carried forward as at December 31, 2021 of $1,487.7 million (2020: $953.1 million). Deferred tax assets are recognized to the extent that it is probable that there are sufficient suitable deferred tax liabilities or future taxable profits that will be available against which deductible temporary differences can be utilized. Subject to specific legislation regarding changes in ownership and the nature of trade, trading losses are available to be either carried forward indefinitely or for a significant time period. Local currency 2020 2020 2021 2021 Local ’000 $’000 Local ’000 $’000 UK trading losses GBP 709,446 739,879 882,753 1,191,629 US Net Operating Losses (“NOL”) USD 195,565 195,565 276,649 276,649 Brazil trading losses BRL 72,760 14,107 74,570 13,377 Japan trading losses JPY 301,340 2,902 525,141 4,560 Hong Kong trading losses HKD 5,149 664 11,795 1,512 953,117 1,487,727 UK trading losses are available to be carried forward indefinitely. Legislation has been introduced with effect from April 1, 2017, whereby losses arising after April 1, 2017 can be set against total profits of the Company. The amount of total profits that can be offset by brought forward losses is restricted to the first £5.0 million of profits, and an additional 50% of profits that exceed £5.0 million. US NOL as at December 31, 2021 of $(276.6) million (2020: $(195.6) million) are available to be carried forward for a period of twenty years. The carry forward NOLs start to expire in different years, the first of which is December 31, 2030. NOLs generated after January 1, 2018 have an indefinite carry forward period but are subject to an 80% limitation per year. The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) (i) removes the 80% limitation on the use of NOLs enacted by the Tax Cuts and Jobs Act of 2017 (the “TCJA”) with respect to NOLs carried to any taxable year beginning before January 1, 2021, and thus, NOLs (whether carried forward or carried back) can generally be used to offset fully taxable income in these taxable years; and (ii) provides for a carryback of any NOL arising in a taxable year beginning after December 31, 2017 and before January 1, 2021, to each of the five taxable years preceding the taxable year in which the NOL arose. Brazilian and Hong Kong trading losses as at December 31, 2021 are available to be carried forward indefinitely but utilization of losses in respect of Brazil are restricted to 30% against taxable income in future taxable periods. Japanese NOL carry forward incurred before April 1, 2018 can be carried forward for nine years, incurred during fiscal years starting on or after April 1, 2018 can be carried forward for ten years and utilization of losses are restricted to 50% against taxable income in future taxable periods. Unutilized future tax deductions on employee share option gains The Group has an unrecognized gross deferred tax asset of approximately $872.8 million (2020: $1,638.8 million) in respect of a future tax deduction on share options that are unexercised as at December 31, 2021 that, when exercised, will result in a gain and a potential deduction for corporation tax purposes. A net deferred tax asset of approximately $214.7 million (2020: $319.1 million) will be recognized to the extent that there are sufficient suitable deferred tax liabilities available. Unutilized future tax deductions on Goodwill The Group has an unrecognized deferred tax asset of approximately $5.3 million (2020: $5.3 million) in respect of goodwill recognized on the acquisition of Stadium Goods. The unrecognized deferred tax asset results from the future tax deductions available in relation to this item of goodwill exceeding its statements of financial position value. A net deferred tax asset is only recognized where it can be shown that it is probable that future taxable profits will be available against which the Group can utilize the asset.

Related party disclosures

Related party disclosures	12 Months Ended
	Dec. 31, 2021
Disclosure Of Transactions Between Related Parties [Abstract]
Related party disclosures	2 7 . Related party disclosures Platforme International Limited is a related party of J M F Neves. The Group generated commission of $0.4 million and made purchases of $0.1 million from Platforme International Limited during the year ended December 31, 2021 (2020: commission of $0.6 million). The Group had a $0.2 million receivable as at the end of December 31, 2021 (2020: $0.2 million payable). In prior periods, Alanui S.r.L. (“Alanui”) was a related party of New Guards Group Holding S.p.A, due to it being an associate of the Group. New Guards still owns a stake of 53% and gained control over the entity on March 16, 2021 following a change in the shareholder agreement. The Group recognized sales of $0.2 million to Alanui in the two months up until consolidation on March 1, 2021. The impact of consolidating Alanui’s results from March 1, 2021 rather than March 16, 2021 was immaterial. We recognized sales of $1.1 million during the year ended December 31, 2020. As at December 31, 2020, we had trade receivables of $0.5 million and trade payables of $0.4 million. Refer to Note 5, Business combinations Key management includes members of the Company’s senior management and the board of directors. The disclosure amounts below (in thousands) are based on the expense recognized in the Consolidated statement of operations in the respective year. 2020 2021 Short-term employee benefits $ 1,676 $ 2,456 Termination benefits 32 36 Share-based compensation 26,300 37,742 $ 28,008 $ 40,234 Other than disclosed above, there were no other transactions or outstanding balances, including commitments, with related parties. The Group’s ultimate controlling party is J M F Neves by virtue of holding the majority of voting rights in the Group.

Financial instruments and finan

Financial instruments and financial risk management	12 Months Ended
	Dec. 31, 2021
Disclosure Of Financial Instruments [Abstract]
Financial instruments and financial risk management	2 8 . Financial instruments and financial risk management Fair value and present value measurement of financial instruments is presented through the use of a three-level fair value hierarchy that prioritizes the inputs used in each of the valuation techniques for fair value and present value calculations. The Group maintains policies and procedures to value instruments using the most relevant data available. The Group recognizes the following financial instruments at fair value: • Short-term investments, being the cash investments in variable net asset value funds, measured using Level 1 valuation inputs. • Derivative financial instruments, being forward foreign currency and option contracts, measured using Level 2 valuation inputs and valued using discounted cash flows and suitable option pricing models respectively; and • Derivative financial instruments, being the embedded derivatives relating to the February 2020 Notes, April 2020 Notes and November 2020 Notes, measured using Level 2 valuation inputs. The Group recognizes the following financial liabilities at present value: • Put and call option liabilities, associated with the non-controlling interests arising from the transactions with Chalhoub, measured using Level 2 valuation inputs ; and • Put and call option liability, associated with the strategic arrangement with Alibaba and Richemont, measured using Level 2 valuation inputs. • Put and call option liabilities, associated with the non-controlling interests arising from transactions with Alanui and Palm Angels using Level 3 valuation inputs. The forward foreign currency and option contracts are measured using Level 2 inputs with the key ones being quoted foreign currency exchange rates. The embedded derivatives relating to the February 2020 Notes, April 2020 Notes and November 2020 Notes are measured using an option pricing model with Level 2 inputs, with the key ones being the Group’s share price at the end of the reporting period, the risk-free rate of treasury bonds with similar terms to maturity and the volatility of the Group’s share price. The put and call option liability associated with the non-controlling interests arising from the transactions with Chalhoub and the put and call option associated with the strategic arrangement with Alibaba and Richemont are measured using appropriate option valuation models. This is a Level 2 measurement with the key inputs being the Group’s share price at the end of the reporting period, the risk-free rate and credit spread. The put and call option liability associated with the non-controlling interests arising from the transactions with Alanui and Palm Angels are measured using appropriate option valuations with Level 3 inputs, with the key one being future forecast information. There have been no significant changes in the measurement and valuation techniques used to value instruments in existence at December 31, 2020, or transfers between levels of the fair value hierarchy used in measuring the fair value of financial instruments, or changes in the classification of financial assets and liabilities. The embedded derivatives relating to the February 2020 Notes and April 2020 Notes recognized during the period ended December 31, 2020 were valued using the Black Scholes option pricing model and the embedded derivative relating to the November 2020 Notes was valued using the Binomial option pricing model. For both of these models, the key inputs are the Group’s closing share price at December 31, 2021, share price volatility and the risk free rate of US treasury bonds of similar terms to maturity. February 2020 Notes assumptions 2020 2021 Embedded derivative Closing share price $ 63.81 $ 33.43 Risk free rate 0.36 % 1.12 % Expected volatility 36.93 % 38.46 % Remaining life (years) 5.00 4.00 February 2020 Notes – sensitivity analysis Assumption Increase/(decrease) in profit or loss Increase/(decrease) in profit or loss 2020 2021 Share Price increases by $1 $ (20,259 ) $ (3,931 ) Risk free rate increases by 1% (11,366 ) (1,516 ) Expected volatility increases by 1% (633 ) (228 ) April 2020 Notes assumptions 2020 2021 Embedded derivative Closing share price $ 63.81 $ 33.43 Risk free rate 0.65 % 1.29 % Expected volatility 37.22 % 36.68 % Remaining life (years) 6.33 5.33 April 2020 Notes – sensitivity analysis Assumption Increase/(decrease) in profit or loss Increase/(decrease) in profit or loss 2020 2021 Share Price increases by $1 $ (24,215 ) $ (25,113 ) Risk free rate increases by 1% (20,233 ) (13,104 ) Expected volatility increases by 1% (2,296 ) (2,898 ) November 2020 Notes assumptions 2020 2021 Embedded derivative Closing share price $ 63.81 $ 33.43 Risk free rate 0.92 % 1.56 % Expected volatility 36.89 % 35.97 % Credit spread (basis points) 344.47 350.00 November 2020 Notes – sensitivity analysis Assumption Increase/(decrease) in profit or loss Increase/(decrease) in profit or loss 2020 2021 Share Price increases by $1 $ (13,673 ) $ (10,044 ) Credit spread increases by 50 basis points (2,504 ) (5,469 ) Expected volatility increases by 1% (5,203 ) (2,451 ) The Group manages its capital to ensure that entities in the Group will be able to continue as going concerns. At December 31, 2021, the capital structure consisted of equity and debt, and the Group was not subject to any externally imposed capital requirements. The Group has identified two principal risks, being market risk (foreign exchange) and liquidity risk. Details of the significant accounting policies and methods adopted (including the criteria for recognition, the basis of measurement and the bases for recognition of income and expenses) for each class of financial asset, financial liability and equity instrument are disclosed in Note 2, Significant accounting policies Categories of financial instruments Financial assets (in thousands) Amortized cost Amortized cost 2020 2021 Current Trade receivables $ 49,833 $ 63,046 Other receivables 123,492 179,964 Cash and cash equivalents 1,573,421 1,363,128 Non-current Other receivables 58,081 31,225 Total $ 1,804,827 $ 1,637,363 Fair value Fair value 2020 2021 Foreign currency derivatives - held at FVTPL $ 1,260 $ 410 Foreign currency derivatives - held as cash flow hedges 28,982 7,600 Derivative financial assets $ 30,242 $ 8,010 Fair value Fair value 2020 2021 Short term investments - held at FVTPL $ - $ 99,971 Short term investments $ - $ 99,971 Financial liabilities (in thousands) Amortized cost Amortized cost 2020 2021 Trade payables $ 277,827 $ 342,938 Other payables 16,642 22,208 Total $ 294,469 $ 365,146 Fair value Fair value 2020 2021 Foreign currency derivatives - held at FVTPL $ 238 $ 35 Foreign currency derivatives - held as cash flow hedges 17,189 21,083 Current derivative financial liabilities $ 17,427 $ 21,118 Fair value Fair value 2020 2021 $250.0 million 5% convertible note embedded derivative - held at FVTPL $ 1,060,167 $ 90,682 $400.0 million 3.75% convertible note embedded derivative - held at FVTPL 1,217,491 492,801 $600.0 million 0.00% convertible note embedded derivative - held at FVTPL 718,562 288,945 Non-current derivative financial liabilities $ 2,996,220 $ 872,428 Present value Present value 2020 2021 Put and call option liabilities - non-current $ 348,937 $ 836,609 Put and call option liabilities - current - 8,321 Total Put and call option liabilities $ 348,937 $ 844,930 2020 (1) 2020 2021 2021 Carrying value Fair value Carrying value Fair value At December 31 Non-current borrowings $ 617,789 $ 1,058,306 $ 515,804 $ 859,132 (1) Refer to Note 2, Significant accounting policies With the exception of the Group’s non-current borrowings, the carrying amount of the Group’s financial assets and financial liabilities approximate their fair value. The notional amounts of the Group’s outstanding foreign currency derivatives at year end are: Notional Notional 2020 2021 Foreign currency derivatives $ 1,120,038 $ 1,616,383 The average exchange rate for GBP:USD forward exchange contracts is 1.37 (2020: 1.31), for EUR:USD forward exchange contracts is 1.13 (2020: 1.19), for GBP:USD forward currency call option contracts is n/a (2020: 1.35) and for GBP:USD forward currency put option contracts is n/a (2020: 1.28). As at December 31, 2021, these foreign exchange contracts were in a net liability position. Financial risk management objectives The Group’s Corporate Treasury function provides services to the business, co-ordinates access to domestic and international financial markets and monitors and manages the financial risks relating to the operations of the Group through internal risk reports which analyze exposures by degree and magnitude of risks. These risks include market risk (including currency risk, interest rate risk and price risk), credit risk and liquidity risk . The Group seeks to minimize the effects of these risks, where appropriate, by using derivative financial instruments to hedge these risk exposures. The use of financial derivatives is governed by the Group’s policies approved by the board of directors, which provide written principles on foreign exchange risk, interest rate risk, credit risk and the use of derivatives. The Group does not enter into or trade financial instruments, including derivative financial instruments, for speculative purposes. Market risk The Group’s activities expose it primarily to the financial risk of changes in foreign currency exchange rates (see table below, in thousands). The Group enters into derivative financial instruments to manage its exposure to foreign currency risk. Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign exchange rates. The Group uses forward currency contracts and foreign exchange option contracts to hedge its foreign currency risks. Where the criteria for hedge accounting are not met, derivative financial instruments are initially recognized at fair value on the date on which a derivative contract is entered into and are subsequently remeasured at fair value with movements recorded in the Consolidated statement of operations. Derivatives are carried as financial assets when the fair value is positive and as financial liabilities when the fair value is negative. Where all relevant criteria are met, hedge accounting is applied to minimize earnings volatility. Fair value through profit or loss Asset Liability 2020 2021 2020 2021 Forward foreign exchange contracts $ 1,260 $ 410 $ 238 $ 35 Total $ 1,260 $ 410 $ 238 $ 35 Cashflow hedges Asset Liability 2020 2021 2020 2021 Forward foreign exchange contracts $ 28,982 $ 7,600 $ 17,189 $ 21,083 Total $ 28,982 $ 7,600 $ 17,189 $ 21,083 Liquidity risk The Group monitors its liquidity risk to maintain a balance between continuity of funding and flexibility. This helps the Group achieve timely fulfilment of its obligations while sustaining the growth of the business. We have policies in place for managing liquidity risk, which our finance department implements and periodically review. The table below (in thousands) analyses the Group’s financial liabilities into relevant groupings based on the remaining period from the reporting date to the contractual maturity date. Amounts due within twelve months equal their carrying balances, as the impact of discounting is not significant. Less than one year Less than one year 2020 2021 Trade and other payables $ 294,469 $ 365,146 Put and call option liabilities - 8,321 Total current $ 294,469 $ 373,467 More than one year More than one year 2020 (1) 2021 Put and call option liabilities $ 348,937 $ 836,609 Borrowings 617,789 515,804 Total non-current $ 966,726 $ 1,352,413 (1) Refer to Note 2, Significant accounting policies The following table analyses the Group’s non-derivative financial liabilities and gross and net settled derivative financial instruments into relevant maturity groupings, based on the remaining period at the balance sheet to the contractual maturity date. The amounts disclosed in the table are the contracted cash flows and may therefore not reconcile to the amounts disclosed in the Consolidated statement of financial position for borrowings and derivative financial instruments. Less than twelve months Between one and three years Between three and five years More than five years At December 31, 2021 Non derivative financial liabilities Convertible bonds - $250.0 million $ - $ - $ 50,000 $ - Convertible bonds - $400.0 million - - - 400,000 Convertible bonds - $600.0 million - - - 600,000 Put and call option liabilities 8,321 188,261 656,640 - Contingent consideration 8,822 9,064 - - Obligations under leases 54,216 73,685 51,124 90,801 Trade and other payables 434,199 - - - Net settled derivatives Outflow 1,219 - - - Gross settled derivatives Inflow (1,570,026 ) - - - Outflow 1,590,865 - - - Less than twelve months Between one and three years Between three and five years More than five years At December 31, 2020 Non derivative financial liabilities Convertible bonds - $250.0 million $ 12,500 $ 25,000 $ 275,000 $ - Convertible bonds - $400.0 million 15,000 30,000 30,000 422,500 Convertible bonds - $600.0 million - - - 600,000 Put and call option liabilities - 348,937 - - Obligations under leases 33,703 61,296 50,800 61,430 Trade and other payables 371,289 - - - Net settled derivatives Outflow 1,900 - - - Gross settled derivatives Inflow (1,375,542 ) - - - Outflow 1,366,819 - - - Comparative amounts for gross settled derivatives inflow and outflows were previously disclosed on a net basis and have been represented on a gross basis. Previously these were disclosed as financial assets of $30.2 million and financial liabilities of $15.5 million. In the tables above, trade and other payables comprises of trade payables amounting to $342.9 million (2020: $277.8 million), other payables amounting to $22.2 million (2020: $16.6 million) and social security and other taxes of $69.1 million (2020: $76.8 million). The put and call option liabilities relate to non-controlling interests arising from the transactions with Palm Angels and Chalhoub, as well as the strategic agreement with Alibaba and Richemont. The non-current liabilities are comprised of $150.3 million (2020: $nil) relating to Palm Angels, $188.3 million (2020: $344.4 million) relating to Chalhoub and $498.0 million (2020: $nil) relating to the strategic agreement with Alibaba and Richemont. The liability relating to Chalhoub is expected to mature in 2022 and will be settled in the first quarter of 2023. The latest maturity of the liability relating to Palm Angels is in 2026. The latest maturity of the liability relating to the strategic agreement with Alibaba and Richemont is in 2026. See Note 33, Non-controlling interests Credit risk Credit risk is the risk that financial loss arises from the failure of a consumer to meet its obligations under a contract. Due to the nature of operations the Group does not have significant exposure to credit risk. The trade receivables balance is spread across a large number of different customers. The Group has policies in place to ensure that wholesale sales are made to customers with an appropriate credit history. Sales to retail customers are made in cash or via credit cards. In addition, receivables balances are monitored on an ongoing basis with the result that the Group’s exposure to bad debts is not significant and default rates have been historically low. A customer is deemed to have defaulted when the Group considers that it will not be able to make contractual payments when due. The Group applies the IFRS 9 simplified approach to measuring expected credit losses which uses a lifetime expected loss allowance for all trade receivables. The Group applies a loss allowance to trade and other receivables. As at December 31, 2021 all trade and other receivables were considered current being due within thirty days. The expected loss rate the Group applies for trade and other receivables is 1.0% (2020: 1.0%). The expected loss rates are based on the payment profiles of sales up to a period of thirty-six months before December 31, 2021 or January 1, 2021, respectively, and the corresponding historical credit losses experienced within this period which were not significant. The historical loss rates are adjusted to reflect current and forward looking information on macroeconomic factors affecting the ability of the consumers to settle the receivables. In addition, certain individual customers (where there is objective evidence of credit impairment) have been identified as having a significantly elevated credit risk and have been provided for on a specific basis. The majority of the Group’s cash and cash equivalents balance is held in money market funds which are regulated by securities and market authorities. These consist of highly rated mutual investment funds which are permitted to diversify portfolio investments through high quality debt securities meeting regulatory mandated requirements. As such, the Group is not exposed to any material credit risk in relation to the cash and cash equivalents balance. Interest rate risk The Group is not subject to significant interest rate risk as currently all of its borrowings are subject to a fixed rate of interest (refer to Note 23, Borrowings for further information). Capital risk management The Group’s objective when managing capital is to safeguard the Group’s ability to provide returns for members and benefits for other stakeholders and to maintain an optimal capital structure to reduce the cost of capital. The Group manages its capital structure and makes adjustments to it, in light of changes to economic conditions and strategic objectives of the Group. The Group raises finance through the issuance of equity and convertible senior notes to private and public investors. In line with the Group’s objectives, during the year ended December, 31, 2020, the Group issued the February 2020 Notes, April 2020 Notes and November 2020 Notes for total net proceeds of $1,241.9 million. At December 31, 2021, the Group holds restricted cash of $2.3 million (2020: $nil million). The Group is not subject to any externally imposed capital requirements. The capital structure is as follows (in thousands): 2020 (1) 2021 Total borrowings (1) $ 3,805,412 $ 1,602,741 Less: cash and cash equivalents (1,573,421 ) (1,363,128 ) Net debt (1) 2,231,991 239,613 Total (deficit)/equity (1) (1,658,642 ) 270,616 Total $ 573,349 $ 510,229 (1) Refer to Note 2, Significant accounting policies The table below reconciles the movements in our financing liabilities during the year: Non-cash movements As at December 31, 2020 (1) Cash movement Early conversion of February 2020 Notes Foreign exchange movement Finance costs Fair value changes & other As at December 31, 2021 Borrowings - leases $ 191,403 $ (35,388 ) $ - $ (8,111 ) $ 9,137 $ 57,468 $ 214,509 Non-current borrowings - convertible notes 617,789 (22,949 ) (146,673 ) - 67,638 - 515,805 Borrowings-related derivative financial instruments 2,996,220 - (484,956 ) 1 - (1,638,837 ) 872,428 Financing liabilities $ 3,805,412 (58,337 ) (631,629 ) (8,110 ) $ 76,775 (1,581,369 ) $ 1,602,742 Non-cash movements As at December 31, 2019 Cash movement Bifurcation of embedded derivative Foreign exchange movement Finance costs Fair value changes & other As at December 31, 2020 (1) Borrowings - leases $ 119,318 $ (25,808 ) $ - $ 4,539 $ 6,757 $ 86,597 $ 191,403 Non-current borrowings - convertible notes (1) - 1,223,042 (641,448 ) - 41,851 (5,656 ) 617,789 Borrowings-related derivative financial instruments - - 641,448 - - 2,354,772 2,996,220 Financing liabilities $ 119,318 $ 1,197,234 $ - $ 4,539 $ 48,608 $ 2,435,713 $ 3,805,412 (1) Refer to Note 2, Significant accounting policies Mainly as a result of the gains on items held at fair value and remeasurements during the year, the Company’s total equity increased from $(1,658.6) million as at December 31, 2020 (refer to Note 2, Significant accounting policies , for detail on the revision of prior year comparatives) to $270.6 million as at December 31, 2021. The total equity previously disclosed in our Annual Report on Form 20-F for the year ended December 31, 2020, was updated as a result of the revision referred to in Note 2.1, Basis of preparation. The gains on items held at fair value and remeasurements the year is mainly driven by the year end revaluation of the embedded derivatives relating to the convertible senior notes discussed in Note 23, Borrowings . Unless earlier converted, redeemed or repurchased in accordance with their terms, the notes may be settled, at Farfetch’s election and subject to certain exceptions and conditions, in Class A ordinary shares of Farfetch, cash, or a combination of cash and Class A ordinary shares of Farfetch. The main purpose of the Group’s financial instruments is to finance the Group’s operations . The main risks from the Group’s financial instruments are currency risk and liquidity risk. The Board reviews and approves policies, which have remained substantially unchanged for the year under review, for managing these risks. Hedge accounting classification and impact The Group designates certain forward foreign exchange contracts and foreign exchange option contracts as cash flow hedges of forecast foreign currency revenue and costs. During the current year, gains of $9.9 million (2020: losses of $16.4 million) were removed from the cash flow hedge reserve. $nil million (2020: gain of $0.1 million) was taken to revenue, a loss of $1.4 million (2020: gain of $0.8 million) was taken to cost of revenue and a gain of $13.4 million (2020: a loss of $18.5 million) was taken to selling, general and administration expenses. A loss of $2.1 million (2020: a gain of $1.2 million) was added to inventories in the Consolidated statement of financial position. The Group uses a qualitative method for assessing hedge effectiveness. The hedge is assessed at inception and throughout the life of the hedge. Effectiveness between the hedged item and hedging instrument is tested by comparing the critical terms of both items and concluding that they are offsetting. The key sources of risk that could result ineffectiveness include credit risk, a change in the economic relationship between the hedged item and the hedging instrument, a potential change in timing in relation to the hedged item, the currency basis risk, exchange rate volatility and a substantial reduction in the market liquidity for the hedging instrument. Under the Group’s hedging policy, the critical terms of the foreign currency derivatives must align with the hedged items. The contracts are denominated in the same currency as the highly probable future sales and purchases, which are expected to occur within a maximum 24-month period, which determines the hedge relationship to be 1:1. For further information on the Group’s risk management strategy and hedging activities, refer to Item 3D. “Risk Factors”. Fair value hierarchy The Group recognizes at fair value the derivative financial instruments, measured using a Level 2 valuation method. There have been no significant changes in the measurement and valuation techniques, or transfers between levels of the fair value hierarchy used in measuring the fair value of financial instruments, or changes in the classification of financial assets and liabilities. Put and call option liabilities There have been no significant changes in the measurement and valuation techniques used to value instruments in existence at December 31, 2020. The Group records the value of put and call option liabilities at the present value of probability-weighted future cash flows related to certain performance criteria and the fair value of our common stock at each reporting date. Further details of the Group’s put and call option liabilities are detailed below: Chalhoub The put and call option relating to Chalhoub is over the 20% shareholding in Farfetch International Limited (“IOM”) that the Company does not already own. The put and call options become exercisable on the earlier of December 31, 2022 and the date the agreement between Chalhoub and the Company is terminated. The options expire on the 10 th day after they become exercisable. The exercise of the options can be settled in cash or shares at the election of the Company. The estimated value of the put and call option liabilit y related to Chalhoub is based on the present value of probability-weighted future cash flows related to certain performance criteria and the fair value of our common stock at each reporting date. Changes in the value of the put and call option liability subsequent to the acquisition date, such as changes in the probability assessment and the fair value of our common stock, are recognized in earnings in the period when the change in the estimated present value occurs. During the year ended December 31, 2019, we recognized initially put and call option liabilities of $ million . Subsequently we recognized a decrease in the present value of our put and call option liabilit ies of $ million , in gains on items held at fair value and remeasurements in our consolidated s tatement of o perations, primarily due to a decrease in the fair value of our common stock. During the year ended December 31, 2020, we recognized an increase in the present value of our put and call option liabilit ies of $ million , primarily due to an increase in the fair value of our common stock. During the year ended December 31, 2021, we recognized a decrease in the present value of our put and call option liabilities of $ 156.1 million, primarily due to a decrease in the fair value of our common stock. Assumption Increase/(decrease) in profit or loss Increase/(decrease) in profit or loss 2020 2021 Share Price increases by $1 $ (11,196 ) $ (6,521 ) Expected volatility increases by 1% (1,776 ) (826 ) Credit spread increases by 50 basis points 3,413 939 Palm Angels The put and call option relating to Palm Angels is over the 40% shareholding in Palm Angels that the Company does not already own. The options are exercisable on the fifth anniversary of the acquisition date or in the event of a certain bad leaver event. The exercise of the option can be settled in cash or shares at the Company’s election. The estimated value of the put and call option liability related to Palm Angels is based on the present value of expected revenue for Palm Angels in financial year 2025 and probability-weighted future revenue growth for Palm Angels between financial year 2021 and 2025. Changes in the value of the put and call option liability subsequent to the acquisition date, such as changes in the probability assessment and the expected future revenue growth, are recognized in earnings in the period when the change in the estimated present value occurs. During the year ended December 31, 2021, we recognized initially put and call option liabilities of $144.6 million. Subsequently we recognized an increase in the present value of our put and call option liabilities of $11.4 million, in losses on items held at fair value and remeasurements in our consolidated statement of operations, primarily due to an improvement in expected performance against the performance criteria. Palm Angels – Sensitivity analysis If expected revenue in financial year 2025 increased by 10%, the value of the put and call option would increase and the related present value remeasurement loss in the consolidated statement of operations would increase by $15.1 million. Strategic arrangement with Alibaba and Richemont The put-call option related to the strategic arrangement with Alibaba and Richemont allows the holder to either purchase a further 12.5% of Farfetch China after the third year of operations, and an additional option to potentially convert or require the conversion of the investment in Farfetch China to shares in Farfetch Limited, under specific conditions. Management have concluded that the fair value of the option to purchase a further 12.5% of Farfetch China is $nil as the exercise price is at fair market value as at the date of exercise. The estimated value of the put and call option liability related to the strategic agreement with Alibaba and Richemont is based on the present value of future cash flows related to the fair value of our common stock at each reporting date. Changes in the value of the put and call option liability subsequent to the acquisition date, such as changes in the fair value of our common stock, are recognized in earnings in the period when the change in the estimated present value occurs. During the year ended December 31, 2021, we recognized initially put and call option liabilities of $744.2 million. Subsequently we recognized a decrease in the present value of our put and call option liabilities of $ 246.1 million, in gains on items held at fair value and remeasurements in our consolidated statement of operations, primarily due to a decrease in the fair value of our common stock. Strategic arrangement with Alibaba and Richemont – Sensitivity analysis Assumption Increase/ (decrease) in profit or loss Increase/ (decrease) in profit or loss 2020 2021 Share Price increases by $1 $ - $ (14,899 ) Risk free rate increases by 1% - (468 ) Credit spread increases by 50 basis points - 6,075 Financial instruments sensitivity analysis In managing currency risk the Group aims to reduce the impact of short term fluctuations on its earnings. At the end of each reporting year, the effects of hypothetical changes in currency are as follows. Foreign exchange rate sensitivity analysis The table below (in thousands) shows the Group’s sensitivity to U.S. dollars strengthening/weakening by 10%: Increase/ (decrease) in profit or loss Increase/ (decrease) in profit or loss 2020 2021 10% appreciation of U.S. dollars $ 24,118 $ (7,684 ) 10% depreciation of U.S. dollars (29,478 ) 9,392 Increase/ (decrease) in reserves Increase/ (decrease) in reserves 2020 2021 10% appreciation of U.S. dollars $ (133 ) $ (55,374 ) 10% depreciation of U.S. dollars 4,920 67,679 This analysis reflects the impact on the Consolidated statement of operations due to financial assets and liabilities held at the balance sheet date and is based on foreign currency exchange rate variances that the Group considers to be reasonably possible at the end of the reporting year. The analysis assumes that all other variables, in particular interest rates, remain constant. Increase/ (decrease) in profit or loss Increase/ (decrease) in profit or loss 2020 2021 10% appreciation of GBP $ (21,372 ) $ 2,906 10% depreciation of GBP 17,486 (3,552 ) Increase/ (decrease) in reserves Increase/ (decrease) in reserves 2020 2021 10% appreciation of GBP $ 38,430 $ 80,726 10% depreciation of GBP (27,550 ) (67,223 ) This analysis reflects the impact on the Consolidated statement of operations due to financial assets and liabilities held at the balance sheet date and is based on foreign currency exchange rate variances that the Group considers to be reasonably possible at the end of the reporting year. The analysis assumes that all other variables, in particular interest rates, remain constant. Increase/ (decrease) in profit or loss Increase/ (decrease) in profit or loss 2020 2021 10% appreciation of EUR $ (17,234 ) $ 2,987 10% depreciation of EUR 14,101 (1,858 ) Increase/ (decrease) in reserves Increase/ (decrease) in reserves 2020 2021 10% appreciation of EUR $ (3,570 ) $ 31,134 10% depreciation of EUR 2,921 (24,887 ) This analysis reflects the impact on the Consolidated statement of operations due to financial assets and liabilities held at the balance sheet date and is based on foreign currency exchange rate variances that the Group considers to be reasonably possible at the end of the reporting year. The analysis assumes that all other variables, in particular interest rates, remain constant.

Employee benefit obligations

Employee benefit obligations	12 Months Ended
	Dec. 31, 2021
Disclosure Of Information About Defined Benefit Plans [Abstract]
Employee benefit obligations	2 9 . Employee benefit obligations Other non-current liabilities consist of the following at December 31 (in thousands): 2020 2021 Cash-settled awards liability $ 24,295 $ 10,404 Employee severance liability 1,821 2,544 Total non-current liabilities $ 26,116 $ 12,948 The employee severance liability relates to a severance indemnity obligation under Italian law in respect of employees of the Group’s Italian subsidiaries. Current employee benefit obligations of $8.3 million (2020: $38.3 million) relates to employers tax liability on share based payments (2021: $7.7 million) (2020: $37.3) and cash-settled share based payments due to vest in less than one year from December 31, 2021 ($ million) (2020: $1.0 million The Group has four equity settled share option plans (section a) and a a. Equity-settled During the year ended December 31, 2021, the Group had four equity-settled share-based payment plans which are described below. Type of arrangement EMI approved share option plan Unapproved share option plan LTIP 2015 plan LTIP 2018 plan Date of first grant November 1, 2011 July 1, 2011 September 9, 2015 September 20, 2018 Number granted 5,505,600 11,332,835 38,174,980 50,669,762 Contractual life 10 years 10 years 10 years 10 years Vesting conditions Varying tranches of options vesting upon defined years of service Varying tranches of options vesting upon defined years of service Varying tranches of options vesting upon defined years of service with certain awards having non-market conditions Varying tranches of options and Restricted Stock Units (RSU) vesting upon defined years of service Movements on the share options were as follows: 2019 2020 2021 Number of options & RSUs Number of options & RSUs Number of options & RSUs Options & RSUs at beginning of year 44,218,814 39,583,858 43,063,713 Options & RSUs granted 13,585,502 19,685,173 13,933,172 Options & RSUs exercised (7,503,814 ) (11,817,074 ) (8,677,510 ) Options & RSUs forfeited (10,716,644 ) (4,388,244 ) (2,011,549 ) Options & RSUs at end of year 39,583,858 43,063,713 46,307,826 Options & RSUs exercisable at end of year 10,360,642 11,944,576 18,293,805 Weighted average exercise prices were as follows: 2019 2020 2021 Options & RSUs at beginning of year $ 6.15 $ 8.23 $ 8.00 Options & RSUs granted $ 8.94 $ 5.38 $ 8.72 Options & RSUs forfeited $ 5.70 $ 7.02 $ 5.33 Options & RSUs exercised $ 1.25 $ 5.63 $ 4.37 Options & RSUs at end of year $ 8.23 $ 8.00 $ 9.01 Options & RSUs exercisable at year end $ 6.40 $ 8.96 $ 11.43 Weighted average remaining contracted life of options & RSUs outstanding at year end 9.79 years 8.94 years 8.11 years 2019 2020 2021 Number of options & RSUs Number of options & RSUs Number of options & RSUs Exercise price of options & RSUs outstanding at year end $0.00 to $0.08 8,545,400 11,878,888 18,050,469 $0.09 to $0.56 27,340 27,340 27,340 $0.57 to $3.52 629,730 320,944 184,823 $3.53 to $5.73 3,225,120 2,020,354 1,293,101 $5.74 to $7.39 5,873,001 3,385,770 2,386,536 $7.40 to $20.00 17,402,097 21,965,750 19,389,418 $20.01 to $27.09 3,881,170 3,423,111 3,028,881 $27.10 to $40.00 - 41,556 71,784 $40.01 to $67.99 - - 1,875,474 39,583,858 43,063,713 46,307,826 Weighted average fair value of options & RSUs granted in year $ 15.54 $ 8.81 $ 23.33 Weighted average share price at the date of exercise for options exercised during the year ended December 31, 2021 was $43.36 (2020: $34.66, 2019: $22.62). Inputs in the Black Scholes model for share options granted during the year and prior year were as follows: 2019 2020 2021 Black Scholes model Weighted average share price $ 21.73 $ 12.44 $57.40 Weighted average exercise price $ 8.94 $ 5.38 $22.80 Average expected volatility 36% 40% 40% Expected life 4 years 4 years 4 years Risk free rate 2.15% 1.05% 0.51% Expected dividends $nil $nil $nil Expected volatility was determined with reference to historical volatility of publicly traded peer companies. The expected life in the model has been adjusted, based on management’s best estimate, for the effects of non-transferability, exercise restrictions and behavioral considerations. The Group recognized total expenses of $219.9 million, $168.3 million and $170.1 million related to equity-settled share-based payment transactions in 2021, 2020 and 2019, respectively. In 2019, as part of the New Guard’s acquisition, we recorded a $12.1 million liability for equity settled awards. 2021 CEO Performance Based Restricted Stock Unit (“PSU”) Award On May 24, 2021, the Board of Directors (the “Board”) of the Company unanimously approved the recommendation of the Compensation Committee of the Board to grant a long-term PSU under the Company’s 2018 Farfetch Employee Equity Plan (the “2018 Plan”) to José Neves, the Company’s Founder, Chief Executive Officer and Chairman of the Board (the “CEO”). The grant is 8,440,000 PSUs, which will only vest, if at all, based on the Company’s achievement of pre-determined increases in the Company’s stock price over an eight-year The PSUs are divided into eight tranches that are eligible to vest based on the achievement of stock price hurdles during each performance period, measured based on the average of our closing share price over a ninety-day Tranche Performance Period Number of PSUs Eligible To be Earned Stock Price Hurdle 1 1st - 5th anniversary of the grant 5% of Total Number of PSUs $ 75 2 1st - 5th anniversary of the grant 5% of Total Number of PSUs $ 100 3 2nd - 6th anniversary of the grant 10% of Total Number of PSUs $ 125 4 2nd - 6th anniversary of the grant 10% of Total Number of PSUs $ 150 5 3rd - 7th anniversary of the grant 10% of Total Number of PSUs $ 175 6 3rd - 7th anniversary of the grant 20% of Total Number of PSUs $ 200 7 4th - 8th anniversary of the grant 20% of Total Number of PSUs $ 225 8 4th - 8th anniversary of the grant 20% of Total Number of PSUs $ 250 Share-based compensation under the 2021 CEO PSU Award represents a non-cash expense and is recognized as a selling, general and administrative expense in our Consolidated statement of operations. In each quarter since the grant of the 2021 CEO PSU Award, we have recognized expense, generally on a pro-rata basis, for only the number of tranches that corresponds to the number of share price milestones that have been determined probable of being achieved in the future, in accordance with the following principles. In order to calculate the equity-settled share based payments expense for this award, on the grant date, a Monte Carlo simulation was used to determine for each tranche (i) a fixed amount of expense for such tranche and (ii) the expected vesting period for each tranche based on the expected time taken to achieve the share price milestone. The grant date fair value of this award amounted to $99.0 million. In the year ended December 31, 2021, we recognized an equity-settled share based payments expense of $15.1 million in selling, general and administrative expense related to the PSU award in our Consolidated statement of operations. b. Cash-settled Since 2016, the Group issues to certain employees share appreciation rights (“SARs”) that require the Group to pay the intrinsic value of the SAR to the employee at the date of exercise. The Group has recorded liabilities of $10.5 million in 2021 (2020: $25.3 million) through the grant of 49,000 SARs (2020: 92,000 SARs). The fair value of the SARs is determined by using the Black Scholes model using the same assumptions noted in the above table for the Group’s equity-settled share-based payments. The fair value of the liability is then reassessed at each reporting date. Included in the 2021 credit of $9.3 million (2020: $28.0 million, 2019: $10.7 million), is a revaluation loss of $1.2 million (2020: loss of $28.0 million). The total intrinsic value at December 31, 2021 was $12.7 million (2020: $36.4 million) of which $9.4 million is fully vested (2020: $17.2 million).

Share capital and share premium

Share capital and share premium	12 Months Ended
	Dec. 31, 2021
Disclosure Of Classes Of Share Capital [Abstract]
Share capital and share premium	30 . Share capital and share premium Ordinary shares issued and fully paid as at December 31, 2021 (in thousands, except number of shares): Number of shares Class Par value $ Share capital Share premium Merger reserve Total 337,923,238 Class A ordinary shares 0.04 $ 13,517 $ 1,596,165 $ 783,529 $ 2,393,211 42,858,080 Class B ordinary shares 0.04 1,714 45,509 - 47,223 380,781,318 $ 15,231 $ 1,641,674 $ 783,529 $ 2,440,434 During 2021, 26,571,174 shares were issued. All were fully paid and newly issued Class A ordinary shares. The nominal value of all shares issued is $0.04 each. The total Class A ordinary shares issued in respect of share options that were exercised and RSUs that have vested was 8,328,356. On May 17, 2021, a total of 3,190,345 Class A ordinary shares were issued on conversion of $39.1 million principal amount of February 2020 Notes On August 6, 2021, a total of 7,013,405 Class A ordinary shares were issued on conversion of $85.9 million principal amount of February 2020 Notes On October 1, 2021, a total of 6,122,250 Class A ordinary shares were issued on conversion of $75.0 million principal amount of February 2020 Notes. The total Class A ordinary shares issued in respect of acquisitions made during the year was 1,916,818 Ordinary shares issued and fully paid as at December 31, 2020 (in thousands, except number of shares): Number of shares Class Par value $ Share capital Share premium Merger reserve Total 311,352,064 Class A ordinary shares 0.04 $ 12,454 $ 882,422 $ 783,529 $ 1,678,405 42,858,080 Class B ordinary shares 0.04 1,714 45,509 - 47,223 354,210,144 $ 14,168 $ 927,931 $ 783,529 $ 1,725,628 During 2020, 14,611,136 shares were issued. All were fully paid and newly issued Class A ordinary shares. The nominal value of all shares issued is $0.04 each. The total Class A ordinary shares issued in respect of share options that were exercised and RSUs that have vested was 12,721,798. On November 17, 2020, the Company issued 1,889,338 Class A ordinary shares to Artemis representing 0.5% of existing issued share capital, for total gross proceeds of $50.0 million.

Other Reserves

Other Reserves	12 Months Ended
	Dec. 31, 2021
Disclosure Of Reserves Within Equity [Abstract]
Other Reserves	3 1 . Other Reserves Other Warrant reserve Changes in ownership Share based payments Cashflow hedge reserve Merger relief reserve Time value reserve Other Total other reserves At January 1, 2019 $ 747 $ (8,666 ) $ 72,796 $ 436 $ 2,161 $ — $ — $ 67,474 Shares issued - acquisition of a subsidiary - - - - 393,853 - - 393,853 Movement in cash flow hedge reserve - - - (3,527 ) - - - (3,527 ) Loss transferred to the cost of inventory - - - 142 - - - 142 Share-based payments - equity-settled - - 76,383 - - - - 76,383 Share-based payments - reverse vesting shares (1) - - (62,834 ) - - - - (62,834 ) Exercise of warrants (747 ) - - - - - - (747 ) Transaction with non-controlling interests - - - - - - (101,311 ) (101,311 ) Impairment loss on revaluation of investments - - - - - - (100 ) (100 ) Remeasurement loss on legally required severance plan - - - - - - (58 ) (58 ) At December 31, 2019 - (8,666 ) 86,345 (2,949 ) 396,014 - (101,469 ) 369,275 Movement in cash flow hedge reserve - - - 13,385 - 2,552 - 15,937 Gain transferred to the cost of inventory - - - (1,213 ) - - - (1,213 ) Shares issued - acquisition of a subsidiary - - - - 4,808 - - 4,808 Remeasurement loss on severance plan - - - - - - (24 ) (24 ) Share-based payment - reverse vesting shares - - 26,092 - - - - 26,092 Share-based payment - equity-settled - - 52,690 - - - - 52,690 At December 31, 2020 - (8,666 ) 165,127 9,223 400,822 2,552 (101,493 ) 467,565 Movement in cash flow hedge reserve - - - (24,776 ) - (2,552 ) - (27,328 ) Loss transferred to the cost of inventory - - - 2,066 - - - 2,066 Share-based payment - reverse vesting shares - - (24,486 ) - - - - (24,486 ) Share-based payment - equity-settled - - 61,282 - - - - 61,282 Non-controlling interest put option - - - - - - (150,070 ) (150,070 ) Farfetch China Holdings Limited put call option - - - - - - (744,163 ) (744,163 ) Capital contribution from non-controlling interests - - - - - - 488,863 488,863 Acquisition of non-controlling interest - - - - - - (11,613 ) (11,613 ) Other - - - - - - (2,596 ) (2,596 ) At December 31, 2021 $ - $ (8,666 ) $ 201,923 $ (13,487 ) $ 400,822 $ - $ (521,072 ) $ 59,520 ( 1 ) Significant accounting policies , for detail on the revision of prior year comparatives . The warrant reserve represents the cumulative expense of the shares to be issued where the Group has issued warrants. On exercise, the cumulative warrant expense is reclassified to accumulated losses. During 2019, all the warrants were exercised. The changes in ownership reserve represents transactions with former non-controlling interests of the Group. The share - based payments reserve represents the Group’s cumulative equity - settled share option expense. On exercise, the cumulative share option expense is reclassified to accumulated losses. The cash flow hedge reserve and time value reserve are used to recognize the effective portion of gains or losses on derivatives that are designated and qualify as cash flow hedges. The merger relief reserve represents the excess over nominal share capital where there has been share consideration as part of a business combination. Included in other reserves as at December 31, 2021, the transaction with non-controlling interests represents the initial recognition of the Chalhoub partnership, the non-controlling put option relates to the initial recognition of the gross liability relating to the put and call options entered into as part of the acquisition of Palm Angels for the purchase of the remaining 40 percent that New Guards does not already own and initial recognition of the gross liability relating to the put and call options entered into as part of the strategic arrangement with Alibaba and Richemont, net of transaction costs.

Group Information

Group Information	12 Months Ended
	Dec. 31, 2021
Disclosure Of Significant Investments In Subsidiaries [Abstract]
Group information	3 2 . Group information Direct Holdings Legal name of subsidiary Country of incorporation % equity interest Principal activities 2020 2021 Farfetch Holdings plc (previously Hulk Finco plc) United Kingdom 100 100 Holding company Indirect Holdings Legal name of subsidiary Country of incorporation % equity interest Principal activities 2020 2021 Alanui S.r.l. Italy 53 53 Retail Allure Systems Corp. Delaware (USA) - 100 E-commerce services Allure Systems Research France S.A.S. France - 100 E-commerce services Ambush (Shanghai) Trading Co., Ltd People's Republic of China - 70 Retail Ambush Inc. Japan 70 70 Retail Ambush Italy S.r.l. Italy 70 70 Retail APA S.r.l. Italy 100 100 Retail Beijing Qizhi Ruisi Information Consulting Co., Ltd People's Republic of China 81 81 E-commerce services Browns (South Molton Street) Limited United Kingdom 100 100 Retail County S.r.l. Italy 100 100 Retail F Concierge France S.A.S. France - 100 Retail F.F.B.R. Importacao e Exportação LTDA* Brazil 100 100 Import & Export Agent for Farfetch Fafaqi (Shanghai) Network Technology Development Co., Ltd People's Republic of China - 100 E-commerce services Farfetch (Shanghai) E-Commerce Co. Ltd People's Republic of China 100 75 E-commerce services Farfetch Australia Pty Ltd Australia 100 100 Back office support Farfetch Brasil China Exportacao Ltda Brazil - 75 E-commerce services Farfetch Canada Limited Canada 100 100 Retail Farfetch China (HK Holdings) Limited Hong Kong 100 75 Holding company Farfetch China Holdings Ltd United Kingdom 100 75 Retail Farfetch China Ltd United Kingdom 100 75 Retail Farfetch China US LLC Delaware (USA) - 75 E-commerce services Farfetch Europe Trading B.V. The Netherlands 100 100 Retail Farfetch HK Holdings Limited Hong Kong 100 100 Holding company Farfetch HK Production Limited Hong Kong 100 100 E-commerce and marketing Farfetch India Private Limited**** India 100 100 Back office support Farfetch International Limited Isle of Man 80 80 Holding company Farfetch Italia S.r.l. Italy 100 100 Back office support Farfetch Japan Co Ltd Japan 100 100 E-commerce and marketing Farfetch Mexico, S.A. de C.V.*** Mexico 100 100 Back office support Farfetch Middle East FZE UAE 80 80 Back office support Farfetch Platform Solutions Limited (previously Farfetch Black & White Limited) United Kingdom 100 100 E-commerce services Farfetch Portugal-Unipessoal LDA Portugal 100 100 Back office support Farfetch RU LLC Russian Federation 100 100 E-commerce services and back office support Farfetch Store of the Future Limited United Kingdom 100 100 Dormant company Farfetch UK FINCO Limited United Kingdom 100 100 Holding company Farfetch UK Limited United Kingdom 100 100 Marketing, providing editorial and merchant services Farfetch US Holdings, Inc. Delaware (USA) 100 100 Holding company Farfetch.com Brasil Serviços LTDA** Brazil 100 100 E-commerce, marketing and editorial services Farfetch.com Limited Isle of Man 100 100 Holding company Farfetch.com US LLC California (USA) 100 100 E-commerce and marketing Fashion Concierge HK Limited Hong Kong 100 100 E-commerce services Fashion Concierge Powered By Farfetch LLC Delaware (USA) 100 100 E-commerce services Fashion Concierge UK Limited United Kingdom 100 100 E-commerce services Heron Preston S.r.l. Italy 80 80 Retail Heron Preston Trademark S.r.l. Italy 51 51 Retail JBUX Limited United Kingdom - 100 Retail Kicks Lite, LLC New York (USA) 100 100 E-commerce services KPG S.r.l. Italy 75 75 Retail Laso. Co. Ltd Japan 100 100 E-commerce and marketing Luxclusif, Unipessoal Lda. Portugal - 100 E-commerce services Luxi (Shanghai) Trading Co., Ltd People's Republic of China - 100 Trading company Luxis Baltic OÜ Estonia - 100 E-commerce services M.A. Alliance Ltd. Japan - 100 E-commerce services New Guards Group Holding S.p.A. Italy 100 100 Retail NGG Beauty S.r.l. Italy - 100 Retail OC Italy S.r.l. Italy 100 100 Retail Off White (Shanghai) Trading Co., Ltd People's Republic of China - 75 Retail Off White Operating Holding, Corp. Delaware (USA) 75 75 Retail Off White Operating London Limited United Kingdom 75 75 Retail Off White Operating Los Angeles, LLC California (USA) 75 75 Retail Off White Operating Miami, LLC Florida (USA) 75 75 Retail Off-White Operating Milano S.r.l. Italy 75 75 Retail Off-White Operating Paris S.a.r.l. France 75 75 Retail Off White Operating Soho, LLC New York (USA) 75 75 Retail Off White Operating Spain SL Spain - 75 Retail Off-White Operating S.r.l. Italy 75 75 Retail Off-White Operating Switzerland GmbH Switzerland - 75 Retail Off White Operating Vegas, LLC Nevada (USA) 75 75 Retail Palm Angels (Shanghai) Trading Co., Ltd People's Republic of China - 100 Retail Palm Angels S.r.l. Italy - 60 Retail SGNY1 LLC New York (USA) 100 100 E-commerce services Stadium Enterprises LLC Delaware (USA) 100 100 E-commerce services There Was One S.r.l. Italy - 100 E-commerce services Unravel Project S.r.l. Italy 61 61 Retail Upteam Corporation Limited Hong Kong - 100 Holding company Venice Holding Corp. Delaware (USA) - 100 Holding company Venice Miami LLC Florida (USA) - 100 Retail Venice Retail Italy S.r.l. Italy - 100 Retail Venice S.r.l. Italy 69 100 Retail Venice Vegas LLC Nevada (USA) - 100 Retail

Non-controlling interests

Non-controlling interests	12 Months Ended
	Dec. 31, 2021
Non Controlling Interests [Abstract]
Non-controlling interests	3 3 . Non-controlling interests The effect of changes in the ownership interest of the Group on the equity attributable to owners of the Company is summarized as follows (in thousands): CuriosityChina Farfetch International Limited (IOM) New Guards Farfetch China Holdings Limited Total Balance at January 1, 2020 $ 409 $ 1,225 $ 168,592 $ - $ 170,226 Total comprehensive income/(loss) attributable to non-controlling interests 110 (3,412 ) 21,182 - 17,880 Acquisition of non-controlling interest - - 965 - 965 Dividends paid to non-controlling interests - - (20,515 ) - (20,515 ) Balance at December 31, 2020 519 (2,187 ) 170,224 - 168,556 Total comprehensive (loss)/income attributable to non-controlling interests (1,657 ) (548 ) 16,220 (12,635 ) $ 1,380 Step acquisition - - 2,434 - 2,434 Capital contribution from non-controlling interest - - - (13,875 ) (13,875 ) Non-controlling interest arising on purchase of asset - - 50,453 - 50,453 Acquisition of non-controlling interest - - (6,901 ) - (6,901 ) Dividends paid to non-controlling interests - - (23,016 ) - (23,016 ) Other - - 2,977 - 2,977 Balance at December 31, 2021 $ (1,138 ) $ (2,735 ) $ 212,391 $ (26,510 ) $ 182,008 % of non-controlling interests 19 % 20 % 23 % 22 % The Step acquisition relates to New Guards’ acquisition of Alanui (refer to Note 5, Business combinations On August 1, 2021, Alibaba and Richemont each acquired a 12.5 percent shareholding in Farfetch China Holdings Ltd for total consideration of $500.0 million. The non-controlling interest recognized of $(13.9 million) as a result of this transaction was calculated using the proportionate share of net assets method in line with the requirements of IFRS 10 - Consolidated Financial Statements Other reserves The non-controlling interest arising on purchase of asset of $50.5 million relates to the acquisition by New Guards on July 20, 2021 of 60 percent of the share capital of Palm Angels. The acquisition of non-controlling interest of $6.9 million relates to the acquisition by New Guards of the remaining 31 percent of the share capital it did not own in Venice S.r.l. The New Guards group comprises numerous legal entities with various non-controlling interests throughout the group structure, representing the co-founders of the individual fashion brands. During the year ended December 31, 2021, New Guards had paid dividends of $23.0 million to holders of minority interests. During the year ended December 31, 2020, New Guards paid dividends of $20.5 million to holders of non-controlling interest.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2021
Disclosure Of Nonadjusting Events After Reporting Period [Abstract]
Subsequent Events	3 4 . Subsequent Events On February 1, 2022, the Group completed the acquisition of Violet Grey Inc., a luxury beauty online retailer, for consideration of approximately $44.4 million, subject to customary completion accounts price adjustments, comprised of $43.5 million in cash and $0.9 million in Farfetch shares based on the Farfetch share price at the acquisition date. The share consideration includes service conditions in respect of certain members of the Violet Grey Inc. management team remaining with the Group after the acquisition. On February 22, 2022, New Guards Group entered into a commercial agreement with Authentic Brands Group LLC for the distribution rights of Reebok footwear and apparel ranges within certain countries in the European region. As part of the arrangement, the Group is committed to minimum royalty payments of approximately $374 million (€329.9 million) over the 11 year life of the agreement.

Significant accounting polici_2

Significant accounting policies (Policies)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Accounting Policies [Abstract]
Basis of preparation	2.1. The Consolidated financial statements of the Group have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). These Consolidated financial statements have been prepared under the historical cost convention, except as modified by the revaluation of certain financial assets and financial liabilities at fair value through profit and loss and fair value through other comprehensive income. The Directors have made an assessment of the Group’s ability to continue in operational existence for the foreseeable future and are satisfied that it is appropriate to continue to adopt the going concern basis of accounting in preparing the Consolidated financial statements. The Consolidated financial statements are presented in U.S. dollars (“U.S. dollars” or “USD” or “$”). All values are rounded to the nearest 1,000 dollars, except where indicated. The tables in these notes are shown in USD thousands, except where indicated. Effective January 1, 2019, we adopted the requirements of IFRS 16 - Leases
Correction of a misstatement in calculating interest expense	Correction of a misstatement in calculating interest expense During the preparation of the Group’s condensed Consolidated financial statements for the three months ended March 31, 2021, an overstatement of $17.4 million was identified in relation to the accounting for interest expense reported in our results for the year ended December 31, 2020, relating to a calculation error. As compared to what was previously reported, the correction to reduce the Finance costs line item by $17.4 million also results in a $17.4 million decrease in loss after tax, and a decrease in the basic and diluted loss per share of $0.06 for the annual period ended December 31, 2020. The correction also resulted in the reduction by $17.4 million of the Non-current borrowings line in the Consolidated statement of financial position on December 31, 2020. The results for the year ended December 31, 2019 were not impacted by this correction. This revision had no impact on gross profit or operating loss in the periods mentioned, and had no impact on total assets, total deficit and liabilities, or total cash flows in the periods mentioned. The Company evaluated these amounts and concluded that while they are immaterial to reissue the previously reported Consolidated financial statements, they should be corrected by revising the previously reported financial information when such amounts are presented for comparative purposes.
Correction of a misstatement in calculating share-based payment expense	Correction of a misstatement in calculating share-based payment expense During the preparation of the Group’s Consolidated financial statements for the year ended December 31, 2021, an understatement of $19.8 million was identified in relation to the accounting for share-based compensation expense reported in our results for the year ended December 31, 2019. This non-cash equity-based compensation error related to the incorrect timing of recognition of expense for certain awards granted to Stadium Goods and NGG employees when those businesses were acquired. The expense was initially recognized on a straight-line attribution basis. Upon further review, management determined that the non-cash equity-based compensation expense for such awards should have been recognized on a tranche-by-tranche basis ("graded vesting model") because the awards can only be exercised at certain periods if the employee remains employed with the Company. The impact of correcting the attribution shifts the non-cash equity-based compensation expense to earlier reporting periods, while the total cumulative expense expected to be recognized over the service period will remain the same. As compared to what was previously reported, the correction to increase share-based compensation expenses recorded within the Selling, general and administrative expenses line item by $19.8 million also results in a $19.8 million increase in operating loss, loss after tax, and an increase in the basic and diluted loss per share of $0.06 for the annual period ended December 31, 2019. The correction also resulted in offsetting increases by $19.8 million of both Other reserves and Accumulated losses within equity within the Consolidated statement of financial position on December 31, 2019. The impacts on the results for the years ended December 31, 2021 and 2020 were insignificant individually and in the aggregate for adjustment. This revision had no impact on gross profit, total assets, total equity and liabilities, or total cash flows as of and for the years ended December 31, 2021, 2020, and 2019. The Company evaluated these amounts and concluded that while they are immaterial to reissue the previously reported Consolidated financial statements, they should be corrected by revising the previously reported financial information when such amounts are presented for comparative purposes. The error has been corrected by revising each of the affected financial statement line items for the 2019 comparative periods presented. The tables below detail the impact of both revisions on the impacted financial statement line items for the comparative periods presented. Year ended December 31, 2020 The impact on our Consolidated statement of financial position was as follows: December 31, 2020 (as previously reported) Share Based Payment expense Adjustment Interest expense Adjustment December 31, 2020 (revised) Non-current liabilities Borrowings $ 635,237 $ - $ (17,448 ) $ 617,789 Total non-current liabilities 4,488,214 - (17,448 ) 4,470,766 Total liabilities 5,266,961 - (17,448 ) 5,249,513 Other reserves 447,753 19,812 - 467,565 Accumulated losses (4,010,756 ) (19,812 ) 17,448 (4,013,120 ) Total deficit (1,676,090 ) - 17,448 (1,658,642 ) Total deficit and liabilities $ 3,590,871 $ - $ - $ 3,590,871 The impact on our Consolidated statement of operations was as follows: Year ended December 31, 2020 (as previously reported) Share Based Payment expense Adjustment Interest expense Adjustment Year ended December 31, 2020 (revised) Finance costs $ (108,742 ) $ - $ 17,448 $ (91,294 ) Loss before tax (3,347,505 ) - 17,448 (3,330,057 ) Income tax benefit 14,434 - - 14,434 Loss after tax $ (3,333,071 ) $ - $ 17,448 $ (3,315,623 ) (Loss)/profit after tax attributable to: Equity holders of the parent (3,350,619 ) - 17,448 (3,333,171 ) Non-controlling interests $ 17,548 $ - $ - $ 17,548 The impact on our Basic and Diluted earnings per share was as follows: Year ended December 31, 2020 (as previously reported) Share Based Payment expense Adjustment Interest expense Adjustment Year ended December 31, 2020 (revised) Loss per share attributable to owners of the parent Basic (9.75 ) - 0.06 (9.69 ) Diluted (9.75 ) - 0.06 (9.69 ) Year ended December 31, 2019 The impact on our Consolidated statement of financial position was as follows: December 31, 2019 (as previously reported) Share based Payment expense Adjustment December 31, 2019 (revised) Total liabilities $ 890,047 $ - $ 890,047 Other reserves 349,463 19,812 369,275 Accumulated losses (826,135 ) (19,812 ) (845,947 ) Total equity 1,337,832 1,337,832 Total equity and liabilities $ 2,227,879 $ - $ 2,227,879 The impact on our Consolidated statement of operations was as follows: Year ended December 31, 2019 (as previously reported) Share based Payment expense Adjustment Year ended December 31, 2019 (revised) Selling, general and administrative expenses $ (869,609 ) $ (19,812 ) $ (889,421 ) Loss before tax (372,526 ) (19,812 ) (392,338 ) Income tax benefit (1,162 ) - (1,162 ) Loss after tax $ (373,688 ) $ (19,812 ) $ (393,500 ) (Loss)/profit after tax attributable to: Equity holders of the parent (385,297 ) (19,812 ) (405,109 ) Non-controlling interests $ 11,609 $ - $ 11,609 The impact on our Basic and Diluted earnings per share was as follows: Year ended December 31, 2019 (as previously reported) Share based Payment expense Adjustment Year ended December 31, 2019 (revised) Loss per share attributable to owners of the parent Basic (1.21 ) (0.06 ) (1.27 ) Diluted (1.21 ) (0.06 ) (1.27 )
Basis of consolidation	2.2. The Consolidated financial statements comprise the Consolidated financial statements of the Group and its subsidiaries. Control is achieved when the Group is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Generally, there is a presumption that a majority of voting rights results in control. To support this presumption and when the Group has less than a majority of the voting or similar rights of an investee, the Group considers all relevant facts and circumstances in assessing whether it has power over an investee, including: • The contractual arrangement with the other vote holders of the investee; • Rights arising from other contractual arrangements; and • The Group’s voting rights and potential voting rights. The Group re-assesses whether or not it controls an investee if facts and circumstances indicate that there are changes to one or more of the three elements of control. Consolidation of a subsidiary begins when the Group obtains control over the subsidiary and ceases when the Group loses control of the subsidiary. Assets, liabilities, income and expenses of a subsidiary acquired or disposed of during the year are included in the Consolidated financial statements from the date the Group gains control until the date control ce a ses . Profit or loss and each component of other comprehensive income (“OCI”) are attributed to the equity holders of the parent of the Group and to the non-controlling interests. When necessary, adjustments are made to the consolidated financial statement of subsidiaries to bring their accounting policies into line with the Group’s accounting policies. All intra-group assets and liabilities, equity, income, expenses and cash flows relating to transactions between members of the Group are eliminated in full on consolidation. A change in the ownership interest of a subsidiary, without a loss of control, is accounted for as an equity transaction.
Business combinations	a) Business combinations are accounted for using the acquisition method. The cost of an acquisition is measured as the aggregate of the consideration transferred measured at acquisition date fair value and the amount of any non-controlling interests in the acquiree. For each business combination, the Group measures the non-controlling interests in the acquiree at the proportionate share of the acquiree’s identifiable net assets. When the Group acquires a business, it assesses the financial assets and liabilities assumed for classification and designation in accordance with the contractual terms, economic circumstances and pertinent conditions as at the acquisition date. Any contingent consideration to be transferred by the Group is recognized at fair value at the acquisition date and is subsequently measured at fair value with changes in fair value recognized in profit or loss. Refer to Note 5, Business Combinations
Investment in associates	b) The Group recognizes an investment in associate when the Group has a significant influence over that entity. Significant influence is the power to participate in the financial and operating policy decisions of the investee, but is not control or joint control over those policies. The Group’s investments in its associates, Farfetch Finance Limited and Alanui S.r.l (“Alanui”) (up until March 1, 2021 – refer to Note 5. Business Combinations Under the equity method of accounting, the investments are initially recognized at cost and adjusted thereafter to recognize the Group’s share of the post-acquisition profits or losses of the investee in profit or loss, and the Group’s share of movements in other comprehensive income of the investee in other comprehensive income.
Current versus non-current classification	c) The Group presents assets and liabilities in the Consolidated statement of financial position based on current/non-current classification. An asset is current when it is: • Expected to be realized or intended to be sold or consumed in the normal operating cycle; • Held primarily for the purpose of trading; • Expected to be realized within twelve months after the reporting period; or • Cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. All other assets are classified as non-current. A liability is current when: • It is expected to be settled in the normal operating cycle; • It is held primarily for the purpose of trading; • It is due to be settled within twelve months after the reporting period; or • There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period. The Group classifies all other liabilities as non-current.
Fair value measurement	d) This section outlines the Group policies applicable to financial instruments that are recognized and measured at fair value in the Consolidated financial statements. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either: • In the principal market for the asset or liability; or • In the absence of a principal market, in the most advantageous market for the asset or liability. The principal or the most advantageous market must be accessible by the Group. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. The Group uses valuation techniques that are applicable in the circumstances and for which sufficient data is available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. All assets and liabilities for which fair value is measured or disclosed in the Consolidated financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: • Level 1: Quoted (unadjusted) market prices in active markets for identical assets or liabilities that the entity can access at the measurement date. • Level 2: Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly observable • Level 3: Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable For assets and liabilities that are recognized in the Consolidated financial statements on a recurring basis, the Group determines whether transfers have occurred between levels in the hierarchy by re-assessing categorization (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period.
Revenue recognition	e) Revenue is recognized in accordance with the five-step model under IFRS 15: 1. identifying the contracts with customers; 2. identifying the separate performance obligations; 3. determining the transaction price; 4. allocating the transaction price to the separate performance obligations; and 5. recognizing revenue when each performance obligation is satisfied. Retailing of goods Revenue, where the Group acts as a principal, is recognized when the performance obligation is satisfied which is when the goods are received by the consumer. Included within sales of goods is a provision for expected returns, discounts and rebates. Where these are not known, the Group uses historical data and patterns to calculate an estimate. Rendering of services The Group primarily acts as a commercial intermediary between sellers, being the brands and retailers, and end consumers and earns a commission for this service. For these arrangements, the sellers determine the transaction price of the goods sold on the website, being the purchase price paid by the consumer, with the Group acting as an agent for the sellers and the related revenue is recognized on a net basis. The Group also charges fees to sellers for activities related to providing this service, such as packaging, credit card processing, settlement of duties, and other transaction processing activities. These activities are not considered separate promises to the consumer, and the related fees are therefore recognized concurrently with commissions at the time the performance obligation to facilitate the transaction between the seller and end consumer is satisfied, which is when the goods are dispatched to the end consumer by the seller. A provision is made for commissions that would be refunded if the end consumer returns the goods, and the Group uses historical data and patterns to estimate its return provision. There are no significant payment terms, with the Group taking payment in full from the consumer’s chosen payment method at the time the goods are ready for dispatch by the seller. The Group also provides delivery services to end consumers, with the Group setting the transaction price, being the price paid by the consumer for goods purchased on its platform. For these services, the Group acts as the principal and recognizes as revenue amounts charged to end consumers net of any promotional incentives and discounts. Revenue for these services is recognized on delivery of goods to the end consumer, which represents the point in time at which the Group’s performance obligation is satisfied. No provision for returns is made as delivery revenue is not subject to refund. Promotional incentives, which include basket promo-code discounts, may periodically be offered to end consumers. These are treated as a deduction to revenue. Cash is collected by the Group from the end consumer using payment service providers. Within two months of the transactions, this is remitted to the relevant seller (net of commission and recoveries). Such amounts are presented within trade and other payables, unless the relevant seller is in a net receivable position and is therefore classified within trade and other receivables.
Current and deferred tax	f) Current tax is the expected tax payable based on the taxable profit for the period, and the tax laws that have been enacted or substantively enacted by the reporting date. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where required on the basis of amounts expected to be paid to the tax authorities. Deferred tax is recognized on differences between the carrying amounts of assets and liabilities in the Consolidated financial statements and the corresponding tax bases used in the computation of taxable profit, and is accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognized for all taxable temporary differences and deferred tax assets are recognized to the extent that it is probable that there are sufficient suitable deferred tax liabilities or future taxable profits will be available against which deductible temporary differences can be utilized . Such assets and liabilities are not recognized if the temporary difference arises from goodwill or from the initial recognition (other than in a business combination) of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. Current and deferred tax is charged or credited in the Consolidated statement of operations, except when it relates to items charged or credited directly to equity, in which case the current or deferred tax is also recognized directly in equity. The carrying amount of deferred tax assets is reviewed at each reporting date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates and in accordance with laws that are expected to apply in the period/jurisdiction when/where the liability is settled, or the asset is realized. Deferred tax assets and liabilities are offset where there is a legally enforceable right to offset current tax assets against current tax liabilities and when the deferred tax assets and liabilities relate to income taxes levied by the same taxation authority on either the taxable entity or different taxable entities and where there is an intention to settle the balances on a net basis. Uncertainty over Income Tax Treatment: The Group operates across a large number of jurisdictions and could be subject to periodic audit by local tax authorities on a range of tax matters during the normal course of business, including transfer pricing, indirect taxes and transaction related issues. Where the amount of tax payable or recoverable is uncertain, the Group establishes provisions based on either: the Group’s judgment of the most likely amount of the liability or recovery; or, when there is a wide range of possible outcomes, a probability weighted average approach.
Foreign currency translation	g) The Group’s Consolidated financial statements are presented in U.S. dollars. For each entity the Group determines the functional currency and items included in the Consolidated financial statements of each entity are measured using that functional currency. The functional currency of the Company is U.S. dollars. h) Transactions in foreign currencies are initially recorded by the Group’s entities at their respective functional currency spot rates at the date the transaction first qualifies for recognition. Monetary assets and liabilities denominated in foreign currencies are translated at the functional currency spot rates of exchange at the reporting date. Differences arising on settlement or translation of monetary items are recognized in profit or loss. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates at the dates of the initial transactions. Non-monetary items measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value is determined. The gain or loss arising on translation of non-monetary items measured at fair value is treated in line with the recognition of the gain or loss on the change in fair value of the item (i.e., translation differences on items whose fair value gain or loss is recognized in OCI or profit or loss are also recognized in OCI or profit or loss, respectively). On consolidation, the assets and liabilities of foreign operations are translated into U.S. dollars at the rate of exchange prevailing at the reporting date and their statements of profit or loss are translated at average exchange rates. The exchange differences arising on translation for consolidation are recognized in OCI.
Property, plant and equipment	i) Property, plant and equipment is stated at cost, net of accumulated depreciation and accumulated impairment losses, if any. All repair and maintenance costs are recognized in profit or loss as incurred. Items of property, plant and equipment are depreciated with an expense recognized in depreciation and amortization expense on a straight-line basis over their useful life. The useful lives of these items are assessed as follows: Leasehold improvements Shorter of the life of the lease or useful life Fixtures and fittings Three to ten years Motor vehicles Four to eight years Plant, machinery and equipment Three to ten years The residual values, useful lives and methods of depreciation of property, plant and equipment are reviewed at each financial year end and adjusted prospectively, if necessary. The determination of whether an arrangement is (or contains) a lease is based on the substance of the arrangement at the inception of the lease. The arrangement is, or contains, a lease if fulfilment of the arrangement is dependent on the use of a specific asset or assets and the arrangement conveys a right to use the asset or assets, even if that right is not explicitly specified in an arrangement.
Intangible assets	j) Intangible assets acquired separately are measured on initial recognition at cost. The cost of intangible assets acquired in a business combination is their fair value at the date of acquisition. Following initial recognition, intangible assets are carried at cost less any accumulated amortization and accumulated impairment losses. Internally generated intangibles, excluding capitalized development costs, are not capitalized and the related expenditure is reflected in profit or loss in the period in which the expenditure is incurred. The useful lives of intangible assets are assessed as either finite or indefinite. Intangible assets with finite lives are amortized over the useful economic life and assessed for impairment whenever there is an indication that the intangible asset may be impaired. The amortization period and the amortization method for an intangible asset with a finite useful life are reviewed at least at the end of each reporting period. Changes in the expected useful life or the expected pattern of consumption of future economic benefits embodied in the asset are considered to modify the amortization period or method, as appropriate, and are treated as changes in accounting estimates. The amortization expense on intangible assets with finite lives is recognized in the Consolidated statement of operations in the expense category that is consistent with the function of the intangible assets. Other than goodwill, there are no intangible assets with indefinite useful lives. Goodwill is not amortized but is reviewed for impairment at least annually. For the purpose of impairment testing, goodwill is allocated to the relevant Cash Generating Units (“CGUs”) which are tested for impairment annually. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit. On disposal of a cash-generating unit, the attributable amount of goodwill is included in the determination of the profit or loss on disposal. Refer to Note 2.3 (n), Summary of significant accounting policies – Impairment of non-financial assets Research and development costs Research costs are expensed as incurred. Development expenditures on an individual project are recognized as an intangible asset when the Group can demonstrate: • The technical feasibility of completing the intangible asset so that the asset will be available for use or sale; • Its intention to complete and its ability and intention to use or sell the asset; • How the asset will generate future economic benefits; • The availability of resources to complete the asset; and • The ability to measure reliably the expenditure during development. Following initial recognition of the development expenditure as an asset, the asset is carried at cost less any accumulated amortization and accumulated impairment losses. Amortization of the asset begins when development is complete and the asset is available for use. It is amortized over the period of expected future benefit. Amortization is recorded in administrative expenses. Development intangible assets under the course of construction are tested for impairment annually or more frequently if events or changes in circumstance indicate that they might be impaired. Once placed into service the asset is tested for impairment whenever events or changes in circumstance indicate that the carrying amount may not be recoverable. Subsequent costs Subsequent costs are only capitalized when there is an increase in the anticipated future economic benefit attributable to the assets in question. All other subsequent costs are recorded in the Consolidated statement of operations for the year in which they are incurred. Acquisition of Palm Angels S.r.l (Palm Angels) During the year ended December 31, 2021, the Group completed the acquisition of 60 percent of the ordinary share capital of Palm Angels for upfront cash and share consideration. As IFRS does not directly address the accounting for a partial acquisition of an asset, management have applied the principles of IFRS 3 - Business Combinations and IAS 38 - Intangible Assets in order to determine the accounting treatment for this transaction. Applying the requirements of IFRS 3 - Business Combinations, management have concluded that this transaction represents the acquisition of an asset rather than a business combination. Given the additional complexity of accounting for an asset that is 60 percent owned, management have applied both the principles of IFRS 3 - Business Combinations and IAS 38 - Intangible Assets in order to initially account for this asset purchase. On initial recognition, the asset has been recognized at cost along with a non-controlling interest in the Consolidated statement of financial position to represent the portion of the asset that the Group does not own. Subsequently, amortization of the asset will be recognized in the Consolidated statement of operations over its useful economic life. For further information, refer to Note 16, Intangible assets Amortization Amortization is charged to depreciation and amortization expense on a straight-line basis over the estimated useful life of the intangible assets, from the time that the assets are available for use. The useful lives of these items are assessed as follows: Development costs Three years Brand, trademarks & domain names Five to sixteen years Customer relationships Three to five years Acquired software Three to ten years
Leases	k) Leases At the inception date of the lease (i.e. the date when the underlying asset is available for use), a lessee recognizes a liability for the present value of the lease payments payable over the lease term and a right of use asset that represents the right to use the underlying asset over the term of the lease. Right of use assets are measured at cost less accumulated depreciation and impairment losses, and are adjusted for any remeasurement of lease liabilities. The cost of right of use assets includes the amount of initial direct costs incurred and lease payments made before the commencement date less incentives received. Right-of-use assets are depreciated on a straight-line basis over the shorter of the estimated useful life of the underlying asset and the lease term. The Group does not recognize non-lease components separately from lease components for those classes of assets in which non-lease components are significant with respect to the total value of the arrangement. Lease payments include fixed payments (including in-substance fixed payments) less any lease incentive receivable, variable lease payments that depend on an index or rate, and amounts expected to be paid as residual value guarantees. Similarly, the measurement of the lease liability includes the exercise price of a purchase option, if the lessee is reasonably certain to exercise that option, and payments of penalties for early termination, if the lease term reflects the lessee exercising such cancellation option. For the calculation of the present value of the lease payments, the Group uses the incremental borrowing rate at the start date of the lease. After the commencement date, the amount of the lease liabilities is increased to reflect the accrual of interest and reduced for the payment made. In addition to this, the carrying amount of the lease liability is remeasured in certain cases, such as changes in the lease term, changes in future lease payments resulting from a change in an index or rate used to determine those payments. The amount of such remeasurements is generally recognized against an adjustment to the right of use asset. The standard includes two recognition exemptions: “low value” asset leases and short-term leases (the Group uses this exemption for all leases with a term of twelve months or less). In such cases, lease payments are recognized as an expense on a straight-line basis over the lease term. The Group determines the lease term as the non-cancellable term of the contract, together with any period covered by an extension (or termination) option whose exercise is discretionary for the Group, if there is reasonable certainty that it will be exercised (or it will not be exercised). In its assessment, the Group considers all available information by asset class in the industry and evaluates all relevant factors (technology, regulation, competition, business model) that create an economic incentive to exercise or not a renewal/cancellation option. In particular, the Group takes into consideration the time horizon of the strategic planning of its operations. After the commencement date, the Group reassesses the lease term if there is a significant event or change in circumstances that is within its control that may affect its ability to exercise (or not to exercise) an option to extend or terminate (for example, a change in business strategy). Lessors classify all leases using the classification principles in IFRS 16 – Leases
Inventories	l ) Inventories are carried at the lower of cost and the net realizable value based on market performance, including the relative ancillary selling costs. The cost of inventories is calculated according to the First In, First Out (“FIFO”) method for each category of goods and includes purchase costs and costs incurred to bring the inventories to their present location and condition. In order to represent the value of inventories in the Consolidated statement of financial position, and to take into account impairment losses due to obsolete materials and slow inventory movement, obsolescence provisions have been directly deducted from the carrying amount of the inventories.
Financial instruments-initial recognition and subsequent measurement	m ) A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity. Financial assets The Groups financial assets comprise cash and cash equivalents, receivables and derivative financial instruments. Derivative financial instruments are comprised of forward exchange contracts and foreign exchange option contracts, which are measured at fair value through profit or loss, unless they are formally designated and measured as cash flow hedges. Trade receivables are generally accounted for at amortized cost. The Group assesses on a forward-looking basis the expected credit losses associated with its trade receivables carried at amortized cost. Financial assets measured at fair value through profit or loss are measured initially at fair value with transaction costs taken directly to the Consolidated statement of operations. Subsequently, the financial assets are remeasured, and gains and losses are recognized in the Consolidated statement of operations. Financial assets measured at fair value through other comprehensive income are measured initially at fair value. Subsequently, the financial assets are remeasured, and gains and losses are recognized in other comprehensive income. Financial liabilities The Group’s financial liabilities comprise trade and other payables, interest bearing loans and borrowings, contingent consideration, derivative instruments on convertible notes (embedded derivatives), put and call option liabilities and foreign exchange contracts. Trade and other payables are held at amortized cost. All interest bearing loans and borrowings are initially recognized at fair value net of issue costs associated with the borrowing. After initial recognition, interest bearing loans and borrowings are subsequently measured at amortized cost using the effective interest rate method. Foreign exchange contracts are measured initially at fair value through profit or loss with transaction costs taken directly to the consolidated statement of operations, unless they are formally designated and measured as cash flow hedges. Subsequently, the fair values are remeasured and gains and losses from changes therein are recognized in the consolidated statement of operations. Derivatives and hedging activities Derivatives are initially recognized at fair value on the date a derivative contract is entered into and are subsequently remeasured to their fair value at the end of each reporting period. Where the derivative is not designated as a cash-flow hedge, subsequent changes in the fair value are recognized in profit or loss. The group designates certain derivatives as cash flow hedges to hedge particular risks associated with the cash flows of highly probable forecast transactions. At inception of the hedge relationship, the Group documents the relationship between hedging instruments and hedged items including whether changes in the cash flows of the hedging instruments are expected to offset changes in the cash flows of hedged items. The Group documents its risk management objective and strategy for undertaking its hedge transactions. Currently the Group has only designated cash flow hedges. The effective portion of changes in the fair value of derivatives that are designated and qualify as cash flow hedges is recognized in the cash flow hedge reserve or time value reserve within equity. The gain or loss relating to the ineffective portion is recognized immediately in profit or loss. Any gains or losses held in the cash flow hedge reserve are recycled to the Consolidated statement of operations or inventory in the Consolidated statement of financial position when the related hedged item is recognized. If a hedge no longer meets the criteria for hedge accounting, or the forecast transaction is no longer highly probable , the cumulative gain or loss reported in equity is immediately reclassified to profit or loss. Embedded derivatives Derivatives embedded in other financial instruments or other host contracts are treated as separate derivatives when their risks and characteristics are not closely related to those of the host contracts and host contract are not carried at fair value, with unrealized gains or losses reported in the Consolidated statement of operations. Embedded derivatives are carried on the Consolidated statement of financial position at fair value from the inception of the host contract. Changes in fair value are recognized in the Consolidated statement of operations during the period in which they arise. The Company’s convertible notes embedded derivatives are accounted as financial instruments at fair value through profit and loss (“FVTPL”). The embedded derivatives were recorded at fair value on the date of debt issuance. They are subsequently remeasured at fair value at each reporting date, and the changes in the fair value are recorded in the Consolidated statement of operations within gain/(loss) on items at held at fair value and remeasurements Put and call option liabilities The Group has put and call option liabilities relating to the non-controlling interests arising from the transactions with Palm Angels and Chalhoub Group (“Chalhoub”) as well as the strategic arrangement with Alibaba Group Holding Limited (“Alibaba”) and Compagnie Financière Richemont SA (“Richemont”). Put and call option liabilities are initially recognized at present value in other reserves within equity at inception of the option deed. Subsequently, at the end of the reporting period, the liabilities are revalued to present value with remeasurement gains and losses recognized in the Consolidated statement of operations. Conversion of convertible notes When the conversion of the Company’s convertible notes are settled through the issuance of shares in the Company, the carrying amount of the non-current borrowings and the fair value of the related embedded derivative at the conversion date are derecognized and reclassified to equity.
Impairment of non-financial assets	n ) The Group assesses, at each reporting date, whether there is an indication that an asset may be impaired. If any indication exists, or when annual impairment testing for an asset is required, the Group estimates the asset’s recoverable amount. An asset’s recoverable amount is the higher of an asset’s, CGU’s or group of CGU’s fair value less costs of disposal and its value in use. The recoverable amount is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. When the carrying amount of an asset or CGU exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. In determining fair value less costs of disposal, recent market transactions are taken into account. The Group bases its impairment calculation on detailed budgets which are prepared separately for each of the Group’s CGUs to which the individual assets are allocated. These budgets and forecast calculations cover a period of five to eight years, according to the nature and maturity of each CGU. Impairment losses of continuing operations, are recognized in the Consolidated statement of operations in expense categories consistent with the function of the impaired asset. For assets excluding goodwill, an assessment is made at each reporting date to determine whether there is an indication that previously recognized impairment losses no longer exist or have decreased. If such indication exists, the Group estimates the asset’s or CGU’s recoverable amount, and reverses the previously recognized impairment loss to the extent the recoverable amount equals the carrying amount. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit. On disposal of a CGU, the attributable amount of goodwill is included in the determination of the profit or loss on disposal. Goodwill and intangible assets are tested for impairment annually as at December 31 and when circumstances indicate that the carrying value may be impaired. Impairment is determined for goodwill by assessing the recoverable amount of each CGU (or group of CGUs) to which the goodwill relates. If the recoverable amount of the CGU is less than its carrying amount, an impairment loss is recognized. Impairment losses relating to goodwill cannot be reversed in future periods. Impairment of non-financial assets Impairment exists when the carrying value of an asset CGU or group of CGU exceeds its recoverable amount, which is the higher of its fair value less costs of disposal and its value in use. The fair value less costs of disposal calculation is based on available data from binding sales transactions, conducted at arm’s length, for similar assets or observable market prices less incremental costs for disposing of the asset. The value in use calculation is based on a discounted cash flow (“DCF”) model. The cash flows are See Note 16, Intangible assets
Provisions	o ) Provisions are recognized when the Group has a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation.
Share-based payments	p ) Employees (including senior executives) of the Group receive remuneration in the form of share-based payments, whereby employees render services as consideration. The consideration is either equity or cash settled, depending on the scheme. Equity-settled transactions The cost of equity-settled transactions is determined by the fair value at the date when the grant is made using a valuation model. That cost is recognized, together with a corresponding increase in other capital reserves in equity, over the period in which the performance and/or service conditions are fulfilled in employee benefits expense. The cumulative expense recognized for equity-settled transactions at each reporting date until the vesting date reflects the extent to which the vesting period has expired and the Group’s best estimate of the number of equity instruments that will ultimately vest. The Consolidated statement of operations expense or credit for a period represents the movement in cumulative expense recognized as at the beginning and end of that period. No expense is recognized for awards that do not ultimately vest. Cash-settled transactions For cash-settled share-based payments, a liability is recognized for the goods or services acquired, measured initially at the fair value of the liability. At each balance sheet date until the liability is settled, and at the date of settlement, the fair value of the liability is remeasured, with any changes in fair value recognized in profit or loss for the year. Employment related taxes Where the Group has an obligation to settle employment related taxes on share-based payments received by employees, these are provided for based on the intrinsic value of the vested and un-vested share options at the end of the reporting period .
Cash and cash equivalents	q ) For the purpose of presentation in the Consolidated statement of cash flows, cash and cash equivalents includes cash on hand, deposits held at call with financial institutions, other short-term, highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value, and bank overdrafts. The Group has classified amounts held in money market funds as cash equivalents because those funds are short term in nature, highly liquid, readily convertible to known amounts of cash, and subject to an insignificant risk of changes in value. The Group has concluded on this classification because each of these EU-regulated funds have the highest credit rating available. From time to time the Group holds amounts of restricted cash. Restricted cash amounting to $2.3 million (2020: $nil) is classified outside of cash and cash equivalents within trade and other receivables. For further information, refer to Note 15, Trade and other receivables
Changes in accounting policies and disclosures	2.4. The accounting policies applied by the Group in these Consolidated financial statements are the same as those applied by the Group in its Consolidated financial statements for the year ended December 31, 2020, except for the accounting for the early conversion of convertible loan notes (refer to Note 9, Items held at fair value and remeasurements Financial instruments and financial risk management Borrowings Short-term investments Intangible assets Other reserves Non-controlling interests Amendments to IFRSs that are mandatorily effective for the current year The Group applied the following new and revised IFRS standards from January 1, 2021: • Interest Rate Benchmark Reform – Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) (effective January 1, 2021) “Interest Rate Benchmark Reform – Phase 2” includes amendments that address issues that might affect financial reporting after the reform of an interest rate benchmark, including its replacement with alternative benchmark rates. The changes relate to the modification of financial assets, financial liabilities and lease liabilities, specific hedge accounting requirements, and disclosure requirements applying IFRS 7 - Financial Instruments: Disclosures to accompany the amendments regarding modifications and hedge accounting. This amendment did not have a material impact on the Consolidated financial statements. • COVID-19-Related Rent Concessions (Amendment to IFRS 16) In May 2020, the IASB published “COVID-19-Related Rent Concessions (Amendment to IFRS 16)” amending the standard to provide lessees with an exemption from assessing whether a COVID-19 related rent concession is a lease modification. This amendment did not have a material impact on the Consolidated financial statements. New and revised IFRSs in issue but not yet effective • Deferred Tax related to Assets and Liabilities arising from a Single Transactions (Amendments to IAS 12) In May 2021, the IASB issued an amendment to IAS 12, Income Taxes, requiring companies to recognize deferred tax on transactions that, on initial recognition, give rise to equal amounts of taxable and deductible temporary differences. The amendment is effective for annual reporting periods beginning on or after January 1, 2023, with early adoption permitted. We are currently evaluating the impact of adoption on our Consolidated financial statements. • COVID-19-Related Rent Concessions beyond June 30, 2021 (Amendment to IFRS 16) In March 2021, the IASB extended the application period of the practical expedient in IFRS 16 - Leases • Definition of Accounting Estimates (Amendments to IAS 8) In February 2021, the IASB issued an amendment to IAS 8, Accounting Polices, Changes in Accounting Estimates and Errors - The definition of a change in accounting estimates is replaced with a definition of accounting estimates. Under the new definition, accounting estimates are “monetary amounts in financial statements that are subject to measurement uncertainty”. - Entities develop accounting estimates if accounting policies require items in financial statements to be measured in a way that involves measurement uncertainty. - A change in accounting estimate that results from new information or new developments is not the correction of an error. In addition, the effects of a change in an input or a measurement technique used to develop an accounting estimate are changes in accounting estimates if they do not result from the correction of prior period errors. - A change in an accounting estimate may affect only the current period’s profit or loss, or the profit or loss of both the current period and future periods. The effect of the change relating to the current period is recognized as income or expense in the current period. The effect, if any, on future periods is recognized as income or expense in those future periods. The amendment is effective for annual reporting periods beginning on or after January 1, 2023, with early adoption permitted. We are currently evaluating the impact of adoption on our Consolidated financial statements.
Standards not adopted	Certain other new accounting standards and interpretations issued by the IASB that are mandatorily effective for an accounting period that began on or after January 1, 2021 have not had and are not expected to have a material impact on the entity in the current or future reporting periods and on foreseeable future transactions.
Intangible assets - development costs	Intangible assets – development costs capitalization Assessing whether assets meet the required criteria for initial capitalization requires judgement. This requires an assessment of the expected future benefits from the projects to be capitalized, technical feasibility and commercial viability. In particular, internally generated intangible assets must be assessed during the development phase to identify whether the Group has the ability and intention to complete the development successfully. Determining the costs of assets to be capitalized also requires judgement. Specifically, judgement and estimation is required in determining the directly attributable costs to be allocated to the asset to enable the asset to be capable of operating in the manner intended by management.
Recognition of a deferred tax asset	Recognition of a deferred tax asset The Group has accumulated significant unutilized trading tax losses (Note 26, Deferred tax
Non-controlling interest ? Strategic arrangement with Alibaba and Richemont	Non-controlling interest – Strategic arrangement with Alibaba and Richemont During the year ended December 31, 2021, the Group formally signed an agreement to enter into a strategic arrangement with Alibaba and Richemont. As part of the agreement, Alibaba and Richemont invested $500 million in return for a combined 25% stake in Farfetch China Holdings Ltd. Management have concluded that most appropriate method to measure the non-controlling interest created from this transaction is to use the proportionate net assets method. The difference between the investment proceeds received and the non-controlling interest valuation is recorded within other reserves. For further information, refer to Note 31, Other reserves Non-controlling interests
Acquisition of Palm Angels S.r.l (?Palm Angels?)	Acquisition of Palm Angels S.r.l (“Palm Angels”) During the year ended December 31, 2021, the Group completed the acquisition of 60 percent of the ordinary share capital of Palm Angels for cash and share consideration. Applying the requirements of IFRS 3 - Business Combinations, Business Combinations Other reserves Non-controlling interests.
Identification of embedded derivative in borrowing arrangements	Identification of embedded derivative in borrowing arrangements During the year ended December 31, 2020, the Group issued senior convertible notes for amounts of $250.0 million, $400.0 million and $600.0 million. Each arrangement contains certain conversion options that are bifurcated from the contract and valued separately. For each senior convertible note, there is significant judgement in determining the options to be bifurcated and valued separately, the valuation model and valuation methodology.
Business combinations and goodwill	Business combinations We use our best estimates and assumptions to accurately assign fair value to the intangible assets acquired at the acquisition date. The estimation is primarily due to the judgmental nature of the inputs to the valuation models used to measure the fair value of these intangible asset, as well as the sensitivity of the respective fair values to the underlying significant assumptions. Where material, we use a discounted cash flow method of the income approach to measure the fair value of these intangible assets, and use specialists to assist us to develop certain estimates and assumptions. The significant estimates and assumptions used are in respect of (i) expected future revenue growth rates; (ii) anticipated operating margins; (iii) the useful lives of the acquired brand names; (iv) the discount rates to be applied to the estimated future cash flows; and (v) royalty rates used in estimating income savings. During the measurement period, which may be up to one year from the date of acquisition, the Group may record adjustments to the fair value of these tangible and intangible assets acquired and liabilities assumed, with the corresponding offset to goodwill. The Group continues to collect information and reevaluates these estimates and assumptions as deemed reasonable by management. The Group records any adjustments to these estimates and assumptions against goodwill provided they arise within the measurement period. Upon the conclusion of the measurement period or final determination of the fair value of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded in the Consolidated statement of operations. We also use our best estimates and assumptions to accurately account for the value of put options over non-controlling interests, when applicable. For details of business combinations refer to Business combinations.
Fair value of financial instruments, including embedded derivatives	Fair value of financial instruments, including embedded derivatives Where the fair value of financial assets and liabilities recorded in the financial statements cannot be derived from active markets, their fair value is determined using valuation techniques including the Black Scholes option pricing model. The inputs to these models are taken from observable markets where possible, but where this is not feasible, a degree of judgement is required in establishing fair values. The judgements include considerations of inputs such as the risk-free rate and volatility. Changes in assumptions about these factors could affect the reported fair value of financial instruments. When measuring the fair value of an asset or liability, the Group uses observable market data to the greatest extent possible. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows: Level 1: quoted prices (unadjusted) in active markets for identical assets and liabilities Level 2: inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices) Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs) For more information, including further details on assumptions and associated sensitivities, please refer to Note 28, Financial instruments and financial risk management.
2021 CEO Performance Based Restricted Stock Unit (?PSU?) Award	2021 CEO Performance-Based Restricted Stock Unit (“PSU”) Award On May 24, 2021, the Board of Directors (the “Board”) of the Company unanimously approved the recommendation of the Compensation Committee of the board to grant a long-term PSU under the Company’s 2018 Farfetch Employee Equity Plan (the “2018 Plan”) to José Neves, the Company’s Founder, Chief Executive Officer and Chairman of the Board (the “CEO”). The grant is 8,440,000 PSUs, which only vest, if at all, based on the Company’s achievement of pre-determined increases in the Company’s stock price over an eight-year Employee Benefit Obligations Given that the vesting of these awards are subject to the performance against a market-based performance measure, management have used the Monte Carlo simulation model to calculate the grant date fair value of this award in line with the requirements of IFRS 2 - Share-based Payment. Share-based Payment Management have valued the related employers tax liability for these awards using the intrinsic value method. The intrinsic value method is calculated by reference to the number of awards expected to vest and the stock price at December 31, 2021. Given that the stock price at December 31, 2021 was $33.43 and the first target stock price is $75.00, management have concluded that as at the end of the reporting period the number of awards expected to vest is nil nil

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Accounting Policies [Abstract]
Schedule of Impact of Revisions on Financial Statements	The impact on our Consolidated statement of financial position was as follows: December 31, 2020 (as previously reported) Share Based Payment expense Adjustment Interest expense Adjustment December 31, 2020 (revised) Non-current liabilities Borrowings $ 635,237 $ - $ (17,448 ) $ 617,789 Total non-current liabilities 4,488,214 - (17,448 ) 4,470,766 Total liabilities 5,266,961 - (17,448 ) 5,249,513 Other reserves 447,753 19,812 - 467,565 Accumulated losses (4,010,756 ) (19,812 ) 17,448 (4,013,120 ) Total deficit (1,676,090 ) - 17,448 (1,658,642 ) Total deficit and liabilities $ 3,590,871 $ - $ - $ 3,590,871 The impact on our Consolidated statement of operations was as follows: Year ended December 31, 2020 (as previously reported) Share Based Payment expense Adjustment Interest expense Adjustment Year ended December 31, 2020 (revised) Finance costs $ (108,742 ) $ - $ 17,448 $ (91,294 ) Loss before tax (3,347,505 ) - 17,448 (3,330,057 ) Income tax benefit 14,434 - - 14,434 Loss after tax $ (3,333,071 ) $ - $ 17,448 $ (3,315,623 ) (Loss)/profit after tax attributable to: Equity holders of the parent (3,350,619 ) - 17,448 (3,333,171 ) Non-controlling interests $ 17,548 $ - $ - $ 17,548 The impact on our Basic and Diluted earnings per share was as follows: Year ended December 31, 2020 (as previously reported) Share Based Payment expense Adjustment Interest expense Adjustment Year ended December 31, 2020 (revised) Loss per share attributable to owners of the parent Basic (9.75 ) - 0.06 (9.69 ) Diluted (9.75 ) - 0.06 (9.69 ) The impact on our Consolidated statement of financial position was as follows: December 31, 2019 (as previously reported) Share based Payment expense Adjustment December 31, 2019 (revised) Total liabilities $ 890,047 $ - $ 890,047 Other reserves 349,463 19,812 369,275 Accumulated losses (826,135 ) (19,812 ) (845,947 ) Total equity 1,337,832 1,337,832 Total equity and liabilities $ 2,227,879 $ - $ 2,227,879 The impact on our Consolidated statement of operations was as follows: Year ended December 31, 2019 (as previously reported) Share based Payment expense Adjustment Year ended December 31, 2019 (revised) Selling, general and administrative expenses $ (869,609 ) $ (19,812 ) $ (889,421 ) Loss before tax (372,526 ) (19,812 ) (392,338 ) Income tax benefit (1,162 ) - (1,162 ) Loss after tax $ (373,688 ) $ (19,812 ) $ (393,500 ) (Loss)/profit after tax attributable to: Equity holders of the parent (385,297 ) (19,812 ) (405,109 ) Non-controlling interests $ 11,609 $ - $ 11,609 The impact on our Basic and Diluted earnings per share was as follows: Year ended December 31, 2019 (as previously reported) Share based Payment expense Adjustment Year ended December 31, 2019 (revised) Loss per share attributable to owners of the parent Basic (1.21 ) (0.06 ) (1.27 ) Diluted (1.21 ) (0.06 ) (1.27 )
Useful Lives of Property, Plant and Equipment	The useful lives of these items are assessed as follows: Leasehold improvements Shorter of the life of the lease or useful life Fixtures and fittings Three to ten years Motor vehicles Four to eight years Plant, machinery and equipment Three to ten years
Estimated Useful Lives of Intangible Assets	Amortization is charged to depreciation and amortization expense on a straight-line basis over the estimated useful life of the intangible assets, from the time that the assets are available for use. The useful lives of these items are assessed as follows: Development costs Three years Brand, trademarks & domain names Five to sixteen years Customer relationships Three to five years Acquired software Three to ten years

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Abstract]
Summary of Revenue by Type of Good or Service	Revenue by type of good or service (in thousands) 2019 2020 2021 Digital Platform Services third-party revenue $ 496,040 $ 637,568 $ 845,941 Digital Platform Services first-party revenue 205,206 395,588 539,737 Digital Platform Services Revenue 701,246 1,033,156 1,385,678 Digital Platform Fulfilment Revenue 127,960 213,228 332,504 Brand Platform Revenue 164,210 390,014 467,505 In-Store Revenue 27,621 37,524 70,921 Total Revenue $ 1,021,037 $ 1,673,922 $ 2,256,608

Business Combinations (Tables)

Business Combinations (Tables)	12 Months Ended
	Dec. 31, 2021
Luxclusif
Disclosure Of Business Combinations [Line Items]
Summary of Purchase Consideration	Details of the purchase consideration, the assets acquired and goodwill are as follows (in thousands): 2021 Cash $ 7,682 Deferred payments 135 Total cash consideration $ 7,817
Summary of Net cash Inflow Arising on Acquisition	2021 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 803 Cash consideration (7,682 ) Net cash outflow $ (6,879 )
Summary of Assets and Liabilities Recognized upon Acquisition	2021 Development Costs $ 2,205 Customer relationships 1,611 Tangible assets 73 Net working capital 3,461 Net debt (2,671 ) Deferred tax liability (725 ) Total net identified assets acquired 3,954 Goodwill 3,863 Total net identified assets acquired and goodwill $ 7,817
Allure
Disclosure Of Business Combinations [Line Items]
Summary of Purchase Consideration	Details of the purchase consideration, the assets acquired and goodwill are as follows (in thousands): 2021 Cash $ 15,858 Ordinary shares issued $ 4,380 Deferred payments 1,465 Total purchase consideration $ 21,703
Summary of Net cash Inflow Arising on Acquisition	2021 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 1,840 Cash consideration (15,858 ) Net cash outflow $ (14,018 )
Summary of Assets and Liabilities Recognized upon Acquisition	2021 Development costs $ 5,412 Tangible assets 77 Net working capital 118 Net debt (1,609 ) Deferred tax liability (3,364 ) Total net identified assets acquired 634 Goodwill 21,069 Total net identified assets acquired and goodwill $ 21,703
JBUX
Disclosure Of Business Combinations [Line Items]
Summary of Purchase Consideration	Details of the cash paid, the assets acquired and goodwill are as follows (in thousands): 2021 Cash $ 4,000 Total cash consideration $ 4,000
Summary of Net cash Inflow Arising on Acquisition	2021 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 48 Cash consideration (4,000 ) Net cash outflow $ (3,952 )
Summary of Assets and Liabilities Recognized upon Acquisition	2021 Development costs $ 2,282 Tangible assets 2 Net working capital (10 ) Net debt (17 ) Deferred tax liability (331 ) Total net identified assets acquired 1,926 Goodwill 2,074 Total net identified assets acquired and goodwill $ 4,000
Alanui
Disclosure Of Business Combinations [Line Items]
Summary of Assets and Liabilities Recognized upon Acquisition	Details of the purchase consideration and the net assets acquired are as follows (in thousands): 2021 Intangible assets $ 81 Brand name 7,279 Tangible assets 55 Other non-current assets 291 Inventory 830 Net working capital (excluding inventory) (1,070 ) Non-current liabilities (28 ) Deferred tax liability (2,041 ) Total net identified assets acquired $ 5,397 Fair value of previously held equity interest (2,963 ) Non-controlling interest (2,434 ) Purchase consideration $ -
Ambush Inc.
Disclosure Of Business Combinations [Line Items]
Summary of Purchase Consideration	Details of the purchase consideration, the assets acquired, and goodwill are as follows (in thousands): 2020 Cash consideration $ 12,142 Purchase consideration $ 12,142
Summary of Net cash Inflow Arising on Acquisition	2020 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 126 Cash consideration (12,142 ) Net cash outflow $ (12,016 )
Summary of Assets and Liabilities Recognized upon Acquisition	2020 Intangible assets $ 127 Brand name 4,699 Tangible assets 1,365 Right-of-use assets 858 Other non-current assets 720 Inventory 3,374 Net working capital (excluding inventory) (2,175 ) Non-current liabilities (5,224 ) Deferred tax liability (1,311 ) Total net identified assets acquired 2,433 Goodwill 10,674 Total net identified assets acquired and goodwill 13,107 Non-controlling interest (965 ) Net assets acquired $ 12,142
Stadium Goods
Disclosure Of Business Combinations [Line Items]
Summary of Purchase Consideration	Details of the purchase consideration, the assets acquired and goodwill are as follows (in thousands): 2019 Cash consideration $ 150,200 Ordinary shares issued 28,600 Total purchase consideration $ 178,800
Summary of Net cash Inflow Arising on Acquisition	2019 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 1,678 Cash consideration (150,200 ) Net cash outflow $ (148,522 )
Summary of Assets and Liabilities Recognized upon Acquisition	The Group finalized its purchase price allocation in the first quarter 2019. The Group recognized the following assets and liabilities upon acquisition of Stadium Goods (in thousands): 2019 Intangible assets $ 2,049 Brand name 117,300 Tangible assets 319 Right-of-use assets 2,802 Other non-current assets 243 Inventory 541 Net working capital (excluding inventory) (3,642 ) Non-current liabilities (14,465 ) Total net identified assets acquired 105,147 Goodwill 73,653 Net assets acquired $ 178,800
Toplife
Disclosure Of Business Combinations [Line Items]
Summary of Purchase Consideration	Details of the purchase consideration, the assets acquired, and goodwill are as follows (in thousands): 2019 Cash consideration $ 48,503 Total purchase consideration $ 48,503
Summary of Assets and Liabilities Recognized upon Acquisition	The Group performed its purchase price allocation, which was finalized in 2020. Details of the purchase price allocation is as below (in thousands): 2019 Tangible assets $ 17 Inventory 131 Current liabilities (1,605 ) Level 1 access button 9,058 Total net identified assets acquired 7,601 Goodwill 40,902 Net assets acquired $ 48,503
Curiosity China
Disclosure Of Business Combinations [Line Items]
Summary of Purchase Consideration	Details of the total purchase consideration, the net assets acquired and goodwill are as follows (in thousands): 2019 Cash consideration $ 9,000 Total purchase consideration $ 9,000
Summary of Net cash Inflow Arising on Acquisition	2019 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 409 Cash consideration (9,000 ) Net cash outflow $ (8,591 )
Summary of Assets and Liabilities Recognized upon Acquisition	The Group finalized its purchase price allocation in the fourth quarter of 2019. The Group recognized the following assets and liabilities upon acquisition of CuriosityChina (in thousands): 2019 Tangible assets $ 78 Current assets 1,879 Current liabilities (1,005 ) Customer relationships 3,878 Backlog 202 Technology 2,059 Deferred tax liability (921 ) Total net identified assets acquired 6,170 Goodwill 3,039 Total net identified assets acquired and goodwill 9,209 Non-controlling interest (209 ) Net assets acquired $ 9,000
New Guards
Disclosure Of Business Combinations [Line Items]
Summary of Purchase Consideration	Details of the total purchase consideration, the assets acquired, and goodwill are as follows (in thousands): 2019 Cash consideration $ 358,910 Ordinary shares issued 280,705 Ordinary shares to be issued 69,284 Total purchase consideration $ 708,899
Summary of Net cash Inflow Arising on Acquisition	2019 Net cash outflow arising on acquisition Cash and cash equivalent balances acquired $ 102,835 Cash consideration (358,910 ) Net cash outflow $ (256,075 )
Summary of Assets and Liabilities Recognized upon Acquisition	The Group recognized the following assets and liabilities upon acquisition of New Guards (in thousands): 2019 Intangible assets $ 1,382 Brand name 830,150 Tangible assets 2,714 Right-of-use assets 10,727 Deferred tax assets 3,451 Other non-current assets 2,694 Inventory 36,757 Net working capital (excluding inventory) 32,027 Non-current liabilities (13,698 ) Deferred tax liabilities (231,729 ) Total net identified assets acquired 674,475 Goodwill 192,831 Total net identified assets acquired and goodwill 867,306 Non-controlling interest (158,407 ) Net assets acquired $ 708,899

Segmental and Geographical In_2

Segmental and Geographical Information (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Operating Segments [Abstract]
Reportable Operating Segments	The results of our three reportable operating segments are as follows (in thousands): Year ended December 31, 2019 2020 2021 Digital Platform: (in thousands) Services third-party revenue $ 496,040 $ 637,568 $ 845,941 Services first-party revenue 205,206 395,588 539,737 Services Revenue 701,246 1,033,156 1,385,678 Fulfilment Revenue 127,960 213,228 332,504 Revenue 829,206 1,246,384 1,718,182 Less: Cost of revenue (457,293 ) (686,178 ) (987,929 ) Gross profit 371,913 560,206 730,253 Less: Demand generation expense (151,350 ) (198,787 ) (291,821 ) Order contribution $ 220,563 $ 361,419 $ 438,432 Year ended December 31, 2019 2020 2021 Brand Platform: (in thousands) Revenue $ 164,210 $ 390,014 $ 467,505 Less: Cost of revenue (89,203 ) (199,208 ) (225,989 ) Gross profit or order contribution $ 75,007 $ 190,806 $ 241,516 Year ended December 31, 2019 2020 2021 In-Store: (in thousands) Revenue $ 27,621 $ 37,524 $ 70,921 Less: Cost of revenue (14,695 ) (17,608 ) (26,179 ) Gross profit or order contribution $ 12,926 $ 19,916 $ 44,742 2019 (1) 2020 (1) 2021 Group: Revenue $ 1,021,037 $ 1,673,922 $ 2,256,608 Less: Cost of revenue (561,191 ) (902,994 ) (1,240,097 ) Gross profit 459,846 770,928 1,016,511 Less: Demand generation expense (151,350 ) (198,787 ) (291,821 ) Order contribution 308,496 572,141 724,690 Selling, general and administrative expenses (excluding demand generation expense) (1) (738,071 ) (1,152,696 ) (1,189,147 ) Impairment losses on tangible assets - (2,991 ) - Impairment losses on intangible assets - (36,269 ) (11,779 ) Operating loss (429,575 ) (619,815 ) (476,236 ) Gain/(loss) on items held at fair value and remeasurements 21,721 (2,643,573 ) 2,023,743 Share of results of associates 366 (74 ) (52 ) Finance income 34,382 24,699 12,599 Finance costs (1) (19,232 ) (91,294 ) (86,441 ) (Loss)/profit before tax $ (392,338 ) $ (3,330,057 ) $ 1,473,613 (1) Refer to Note 2, Significant accounting policies , for detail on the revision of prior year comparatives .
Summary of Revenue from External Consumers and Segment Assets	The Group’s revenue from external consumers on a demand basis, based on the billing location of the consumer, is detailed below (in thousands): 2019 2020 2021 Revenue from external consumers (demand basis) United States $ 210,482 $ 314,596 $ 475,684 United Kingdom 78,628 151,875 221,264 Other Countries 731,927 1,207,451 1,559,660 Revenue $ 1,021,037 $ 1,673,922 $ 2,256,608 The Group’s revenue from external consumers on a supply basis, based on the location of the Farfetch legal entity which earned the revenue, is detailed below (in thousands): 2019 2020 2021 Revenue from external consumers (supply basis) United Kingdom $ 728,321 $ 1,021,240 $ 1,363,167 Italy 180,988 485,882 624,585 Other Countries 111,728 166,800 268,856 Revenue $ 1,021,037 $ 1,673,922 $ 2,256,608 The Group’s non-current assets other than deferred tax assets, broken down by geographic location of the assets, are detailed below (in thousands): 2020 2021 Non-current assets excluding deferred tax assets Italy $ 915,553 $ 917,646 United Kingdom 338,015 372,889 United States 225,137 249,529 Other Countries 137,610 161,436 Total $ 1,616,315 $ 1,701,500

Employees and directors (Tables

Employees and directors (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Directors And Employees [Abstract]
Schedule of Employees and Directors Expenses	Included within employees and directors expenses are (in thousands): 2019 (1) 2020 2021 Wages and salaries $ 206,092 $ 307,527 $ 344,587 Social security costs 36,314 42,972 56,277 Other pension costs 2,569 4,161 6,393 Share-based payments (equity-settled) (1) 170,145 168,347 219,933 Share-based payments (cash-settled) 10,675 28,041 (9,265 ) Share-based payments (employment related taxes) (2,586 ) 95,245 (14,501 ) Total employees and directors expenses $ 423,209 $ 646,293 $ 603,424

Selling, general and administ_2

Selling, general and administrative expenses (Tables)	12 Months Ended
	Dec. 31, 2021
Expense By Nature [Abstract]
Summary of Selling, General and Administrative Expenses	Included within Selling, general and administrative expenses 2019 2020 2021 Demand generation expenses $ 151,350 $ 198,787 $ 291,821 Technology expenses 84,207 115,227 131,408 Depreciation and amortization 113,591 217,223 251,198 Share-based payments (1) 178,234 291,633 196,167 General and administrative 345,665 504,346 591,644 Other items 16,374 24,267 18,730 Selling, general and administrative expenses $ 889,421 $ 1,351,483 $ 1,480,968

Items held at fair value and _2

Items held at fair value and remeasurements (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Fair Value Measurement Of Gains Losses [Abstract]
Summary of Gain/(Loss) on Items Held at Fair Value and Remeasurements	Included within gain/(loss) on items held at fair value and remeasurements are (in thousands): 2019 2020 2021 Change on remeasurement of put and call option and contingent consideration liabilities $ 43,247 $ (288,853 ) $ 384,122 Change in fair value of convertible note embedded derivatives - (2,354,720 ) 1,638,837 Change in fair value of acquisition related consideration (21,526 ) - - Fair value remeasurement of previously held equity interest - - 784 Gains/(losses) on items held at fair value and remeasurements $ 21,721 $ (2,643,573 ) $ 2,023,743

Finance income and costs (Table

Finance income and costs (Table)	12 Months Ended
	Dec. 31, 2021
Net Finance Cost [Abstract]
Summary of Finance Income and Finance Costs	Included within Finance income Finance costs 2019 2020 (1) 2021 Unrealized exchange gains $ 22,856 $ 19,729 $ 9,289 Interest on cash and cash equivalents 11,526 4,970 3,310 Finance income 34,382 24,699 12,599 Unrealized exchange losses (10,977 ) (39,940 ) (9,135 ) Interest on leases (3,472 ) (6,684 ) (9,137 ) Convertible note interest (1) - (41,851 ) (67,638 ) Other interest expense (4,783 ) (2,819 ) (531 ) Finance costs (19,232 ) (91,294 ) (86,441 ) Net finance income/(costs) $ 15,150 $ (66,595 ) $ (73,842 ) (1) Refer to Note 2, Significant accounting policies , for detail on the revision of prior year comparatives .

Material gain or loss (Tables)

Material gain or loss (Tables)	12 Months Ended
	Dec. 31, 2021
Profit Loss [Abstract]
Summary of Material Gain or Loss	These are listed separately here to provide a better understanding of the financial performance of the group (in thousands): Note 2019 2020 2021 Research and development costs expensed (15,777 ) (22,484 ) (13,599 ) Amortization - Intangible assets 16 (85,055 ) (177,857 ) (201,634 ) Depreciation - Property, plant and equipment 17 (8,972 ) (12,094 ) (15,533 ) Depreciation - Right-of-use assets 18 (19,564 ) (27,272 ) (34,031 ) Impairment losses on intangible assets 16 - (36,269 ) (11,779 ) Impairment losses on right-of-use assets 18 - (2,234 ) - Transaction related legal and advisory expenses (15,374 ) (24,598 ) (18,596 ) (Losses)/gains on items at present value remeasurements 9 (43,247 ) 288,853 384,122 Gains related to conversion of convertible notes - - 78,467 (Losses)/gains from fair value remeasurements of convertible note embedded derivatives 9 - (2,354,720 ) 1,560,370 Change in fair value of acquisition related consideration 9 (21,526 ) - -

Taxation (Tables)

Taxation (Tables)	12 Months Ended
	Dec. 31, 2021
Major Components Of Tax Expense Income [Abstract]
Summary of Income Tax Expense/(Benefit)	a) Income tax expense/(benefit) (in thousands) 2019 2020 2021 Current tax: Corporate tax $ 15,676 $ 32,430 $ 33,105 Prior year adjustments (1,652 ) (96 ) 3,567 Total current tax 14,024 32,334 36,672 Total deferred tax benefit, net (12,862 ) (46,768 ) (33,670 ) Income tax expense/(benefit) $ 1,162 $ (14,434 ) $ 3,002
Summary of Reconciliation of Effective Tax Rate	The tax on the Group’s (loss)/profit before tax differs from the theoretical amount that would arise using the weighted average tax rate applicable to profit of the consolidated entities as follows (in thousands): 2019 (1)(2) 2020 (1)(2) 2021 (Loss)/profit before tax (1) $ (392,338 ) $ (3,330,057 ) $ 1,473,613 Tax at the UK tax rate of 19.00% (2020: 19.00%, 2019:19.00%) (74,544 ) (632,711 ) 279,986 Tax effects of: Sundry non-taxable income (4,414 ) (9,555 ) (45,567 ) Sundry non-taxable expense 6,338 22,262 20,493 Non-taxable items evaluated at fair value - 548,524 (311,379 ) Taxes paid overseas and rate difference 3,853 5,816 (6,260 ) Adjustments in respect of change in tax rates - - (937 ) Adjustments in respect of prior year (1,652 ) (96 ) 3,567 Unrecognized deferred tax assets 71,581 51,326 63,099 Income tax expense/(benefit) $ 1,162 $ (14,434 ) $ 3,002 (2) Refer to Note 2, Significant accounting policies , for detail on the revision of prior year comparatives . (3) Previously reported comparatives for the years ended December 31, 2020 and 2019 have been re-presented for comparability with condensed disclosure for the year ended December 31, 2021.

Loss Per Share (Tables)

Loss Per Share (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Summary of Basic (Loss)/Earnings Per Share and Diluted Loss Per Share	The calculation of basic (loss)/earnings per share and diluted loss per share is as follows (in thousands): 2019 (1) 2020 (1) 2021 In $ thousands, except share and per share data Diluted (loss)/income (Loss)/profit after tax attributable to equity holders of the parent: Used in calculating basic (loss)/earnings per share $ (405,109 ) $ (3,333,171 ) $ 1,466,487 Adjustments: Convertible note interest - - 67,638 Gain on items held at fair value and remeasurements - - (2,041,013 ) Loss after tax attributable to equity holders of the parent used in calculating diluted loss per share $ (405,109 ) $ (3,333,171 ) $ (506,888 ) Weighted average number of basic shares 318,843,239 343,829,481 364,696,712 Dilutive securities: Options - - 20,257,787 Restricted Stock Units (RSUs) - - 8,014,788 Other awards - - 1,200,105 Acquisition related deferred shares 180,369 February 2020 notes - - 14,216,896 May 2020 notes - - 24,794,680 November 2020 notes - - 18,583,620 Chalhoub liability - - 3,984,014 Farfetch China Holdings Ltd liability - - 16,429,024 Weighted average number of dilutive shares 318,843,239 343,829,481 472,357,995 (Loss)/earnings per share attributable to equity holders of the parent: Basic $ (1.27 ) $ (9.69 ) $ 4.02 Diluted $ (1.27 ) $ (9.69 ) $ (1.07 ) (1) Refer to Note 2, Significant accounting policies
Summary of Potential Ordinary Shares Excluded from Diluted Earnings Per Share Calculations	Potential ordinary shares excluded from Diluted earnings per share as their conversion would have an antidilutive effect are as follows (in thousands): 2019 2020 2021 Convertible Notes - 63,758 - Employee options & RSU's 9,105 40,890 1,114 Contingent consideration - - 136 Put Call options - - 3,786

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2021
Classes Of Inventories [Abstract]
Summary of Inventories	Inventories as at December 31 comprised the following (in thousands): 2020 2021 Finished goods $ 167,225 $ 278,345 Obsolete stock provision (21,916 ) (22,681 ) Total inventories $ 145,309 $ 255,664

Trade and Other Receivables (Ta

Trade and Other Receivables (Tables)	12 Months Ended
	Dec. 31, 2021
Trade And Other Receivables [Abstract]
Summary of Trade and Other Receivables	Trade and other receivables comprised the following at December 31 (in thousands): 2020 2021 Non-current Other receivables $ 58,081 $ 31,225 Non-current other receivables $ 58,081 $ 31,225 Current Trade receivables $ 49,833 $ 63,046 Other current receivables 123,492 179,964 Sales taxes 26,642 117,234 Allowance for expected credit losses (4,062 ) (5,208 ) Prepayments and accrued income 14,041 19,670 Current trade and other receivables $ 209,946 $ 374,706

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2021
Intangible Assets And Goodwill [Abstract]
Estimated Useful Lives of Intangible Assets	Intangible assets consist of the following (in thousands): Goodwill Brand, trademarks & domain names Customer relationships Development costs Total Cost At January 1, 2020 $ 341,067 $ 965,317 $ 6,010 $ 163,933 $ 1,476,327 Additions - 14,000 - 89,282 103,282 Additions acquired through business combinations (1) 15,474 4,826 - - 20,300 Foreign exchange movements (20 ) 4,265 850 216 5,311 At December 31, 2020 356,521 988,408 6,860 253,431 1,605,220 Additions - 131,161 395 118,661 250,217 Additions acquired through business combinations (1) 27,006 7,279 1,692 9,899 45,876 Disposals - (3 ) - (11 ) (14 ) Foreign exchange movements (1,242 ) (2,116 ) (52 ) (122 ) (3,532 ) At December 31, 2021 382,285 1,124,729 8,895 381,858 1,897,767 Accumulated amortization and impairment At January 1, 2020 - (57,014 ) (1,786 ) (54,560 ) (113,360 ) Amortization for year - (125,325 ) (34 ) (52,498 ) (177,857 ) Impairment for year - (36,269 ) - - (36,269 ) Foreign exchange movements - 1,593 (1,806 ) 1,807 1,594 At December 31, 2020 - (217,015 ) (3,626 ) (105,251 ) (325,892 ) Amortization for year - (132,592 ) (451 ) (68,591 ) (201,634 ) Impairment for year - (11,779 ) - - (11,779 ) Disposals - 3 - (30 ) (27 ) Foreign exchange movements - 1,115 (64 ) 171 1,222 At December 31, 2021 - (360,268 ) (4,141 ) (173,701 ) (538,110 ) Net book value At December 31, 2020 356,521 771,393 3,234 148,180 1,279,328 At December 31, 2021 $ 382,285 $ 764,461 $ 4,754 $ 208,157 $ 1,359,657 (1) Refer to Note 5, Business combinations
Summary of Goodwill by Cash Generating Unit	The goodwill amounts for each CGU or group of CGU consists of the following at December 31 (in thousands): 2020 2021 CGU Marketplace (FF.com) $ 153,086 $ 176,776 Browns - Platform 19,015 19,015 CuriosityChina 3,039 3,039 Brand Platform - New Guards 181,381 181,381 Farfetch Platform Solutions — 2,074 Total Goodwill $ 356,521 $ 382,285
Summary of Key Assumptions of Change to Recoverable Amount of Each Cash Generating Unit	The recoverable amount of each CGU would equal its carrying amount if the key assumptions were to change as follows: Marketplace (FF.com) Browns – Platform CuriosityChina Brand Platform – New Guards Budgeted annual revenue growth (change in pp) (5.4 ) (3.3 ) (0.7 ) (13.6 ) Post-tax discount rate (change in pp) 1.4 1.2 0.2 3.8 Budgeted gross profit margin (change in pp) (1.1 ) (0.5 ) (3.5 ) (11.9 ) Long term growth rate (change in pp) (1.4 ) (3.6 ) (0.3 ) (3.7 )

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Property Plant And Equipment [Abstract]
Summary of Property, Plant and Equipment	Property, plant and equipment comprised the following (in thousands): Freehold land Leasehold improvements Fixtures and fittings Motor vehicles Plant, machinery and equipment Totals Cost At January 1, 2020 $ 17,818 $ 43,135 $ 12,968 $ 193 $ 16,944 $ 91,058 Additions - 18,039 4,799 - 4,228 27,066 Additions acquired through business combinations (1) - 1,052 - - 313 1,365 Disposals - - (80 ) - (212 ) (292 ) Transfers - (174 ) 513 - (533 ) (194 ) Foreign exchange movements 1,751 3,396 995 8 1,146 7,296 At December 31, 2020 19,569 65,448 19,195 201 21,886 126,299 Additions - 12,264 8,167 108 7,895 28,434 Additions acquired through business combinations (1) - 6 43 - 159 208 Disposals - (3,219 ) (1,045 ) - (1,037 ) (5,301 ) Transfers - (2,383 ) 85 - 2,305 7 Foreign exchange movements (1,545 ) (2,851 ) (1,370 ) (7 ) (991 ) (6,764 ) At December 31, 2021 18,024 69,265 25,075 302 30,217 142,883 Accumulated depreciation and impairment At January 1, 2020 - (10,517 ) (4,660 ) (100 ) (7,782 ) (23,059 ) Depreciation for year - (5,175 ) (2,605 ) (22 ) (4,293 ) (12,094 ) Impairment for year - (620 ) (135 ) - (2 ) (757 ) Disposals - - 83 - 189 272 Transfers - 77 (14 ) - 150 212 Foreign exchange movements - (792 ) (369 ) (8 ) (621 ) (1,791 ) At December 31, 2020 - (17,027 ) (7,701 ) (130 ) (12,359 ) (37,217 ) Depreciation for year - (6,615 ) (3,589 ) (29 ) (5,300 ) (15,533 ) Disposals - 3,095 1,008 - 998 5,101 Foreign exchange movements - 919 446 7 457 1,829 At December 31, 2021 - (19,628 ) (9,836 ) (152 ) (16,204 ) (45,820 ) Net book value At December 31, 2020 19,569 48,421 11,494 71 9,527 89,082 At December 31, 2021 $ 18,024 $ 49,637 $ 15,239 $ 150 $ 14,013 $ 97,063 (1) Business combinations

Right-of-use assets and lease_2

Right-of-use assets and lease liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
Presentation Of Leases For Lessee [Abstract]
Summary of Right-of-Use Assets	Right-of-use assets comprised the following (in thousands): Property Vehicles Totals 2020 At January 1, 2020 $ 114,618 $ 558 $ 115,176 Additions 90,240 162 90,402 Remeasurements 13 (8 ) 5 Depreciation charge for the year (27,048 ) (224 ) (27,272 ) Impairment charge for the year (2,234 ) - (2,234 ) Foreign exchange 3,149 1 3,150 At December 31, 2020 $ 178,738 $ 489 $ 179,227 2021 At January 1, 2021 $ 178,738 $ 489 $ 179,227 Additions 42,931 300 43,231 Remeasurements 15,242 1 15,243 Depreciation charge for the year (33,727 ) (304 ) (34,031 ) Foreign exchange (8,095 ) (26 ) (8,121 ) At December 31, 2021 $ 195,089 $ 460 $ 195,549
Summary of Lease liabilities	Lease liabilities comprised the following as at December 31 (in thousands): 2020 2021 Current lease liabilities $ 26,128 $ 33,594 Non-current lease liabilities 165,275 180,915 Total lease liabilities $ 191,403 $ 214,509

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Significant Investments In Associates [Abstract]
Summary of Investments	The details of investments are as follows (in thousands): Investments - held at fair value through other comprehensive income (FVTOCI) Investments - held at amortized cost Investments - held at fair value through profit or loss (FVTPL) At January 1, 2020 $ 5,141 $ 10,588 $ 500 Additions 372 - 2,500 Impairment (235 ) - - Acquisition of intangible asset - (10,588 ) - At December 31, 2020 5,278 - 3,000 Additions 40 - 9,787 Impairment (168 ) - - At December 31, 2021 $ 5,150 $ - $ 12,787
Summary of Group's Shareholdings in Associates Entities and Principal Activities	The table below (in thousands) illustrates the summarized financial information of the Group’s investments in Farfetch Finance Limited and Alanui (up to March 1, 2021). The Group’s shareholdings in Alanui and its principal activities can be found in Note 32, Group information Business Combinations At January 1, 2020 $ 2,466 Dividends received from associate (60 ) Share of loss after tax (74 ) Foreign exchange (13 ) At December 31, 2020 2,319 Step acquisition (2,198 ) Share of loss after tax (52 ) At December 31, 2021 $ 69

Cash and cash equivalents (Tabl

Cash and cash equivalents (Tables)	12 Months Ended
	Dec. 31, 2021
Cash And Cash Equivalents [Abstract]
Summary of Cash and Cash Equivalents	Cash and cash equivalents consist of the following at December 31 (in thousands): 2020 2021 Cash held in banks $ 173,206 $ 141,130 Money market funds 1,011,330 810,453 Short-term deposits 333,353 353,539 Amounts held by payment service providers 55,532 58,006 Cash and cash equivalents $ 1,573,421 $ 1,363,128

Short-term investments (Tables)

Short-term investments (Tables)	12 Months Ended
	Dec. 31, 2021
Short Term Investment [Abstract]
Summary of Short Term Investments	Short-term investments consist of the following at December 31 (in thousands): 2020 2021 Short-term investments $ - $ 99,971 Short-term investments $ - $ 99,971

Trade and Other Payables (Table

Trade and Other Payables (Tables)	12 Months Ended
	Dec. 31, 2021
Trade And Other Current Payables [Abstract]
Summary of Trade and Other Payable	Trade and other payables consisted of the following at December 31 (in thousands): 2020 2021 Trade payables $ 277,827 $ 342,938 Other payables 16,642 22,208 Social security and other taxes 76,820 69,053 Deferred revenue 30,957 60,486 Accruals 263,898 311,721 Trade and other payables $ 666,144 $ 806,406

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Detailed Information About Borrowings [Abstract]
Schedule of Convertible Borrowings Presented in Consolidated Statement of Financial Position	The convertible borrowings are presented in the Consolidated statement of financial position as follows (in thousands): 2020 (1) 2021 At January 1 $ - $ 617,789 Face value of notes issued 1,250,000 - Value of embedded derivatives (641,448 ) - 608,552 617,789 Transaction costs (13,539 ) - Interest expense 41,851 67,638 Interest paid (19,075 ) (22,950 ) Conversion of February 2020 Notes - (146,673 ) Total non-current borrowings $ 617,789 $ 515,804 (1) Refer to Note 2, Significant accounting policies , for detail on the revision of prior year comparatives.

Provisions (Tables)

Provisions (Tables)	12 Months Ended
	Dec. 31, 2021
Provisions [Abstract]
Summary of Provisions	Provisions consist of the following (in thousands): Dilapidations provision Share-based payments employment taxes provision Provision for withholding taxes Other provisions Total Current liabilities At January 1, 2020 $ - $ - $ - $ - $ - Additional provision in the year - - - 12,498 12,498 Release of provision in the year - - - (800 ) (800 ) Utilized provision in the year - - - (1,630 ) (1,630 ) Transfer from non-current provisions - 12,105 4,100 873 17,078 At December 31, 2020 - 12,105 4,100 10,941 27,146 Additional provision in the year 178 2 - 3,606 3,786 Release of provision in the year - (4,427 ) - (584 ) (5,011 ) Utilized provision in the year (308 ) - (3,500 ) (9,233 ) (13,041 ) Transfer from non-current provisions 277 - 1,901 - 2,178 Foreign exchange (5 ) - - (468 ) (473 ) At December 31, 2021 $ 142 $ 7,680 $ 2,501 $ 4,262 $ 14,585 Non-current liabilities At January 1, 2020 $ 3,352 $ 7,979 $ 11,500 $ 873 $ 23,704 Additional provision in the year 3,039 131,836 - 1,011 135,886 Transfer to current provisions - (12,105 ) (4,100 ) (873 ) (17,078 ) Release of provision in the year (757 ) (945 ) - - (1,702 ) Utilized provision in the year - (11,758 ) - - (11,758 ) Foreign exchange 36 25 - - 61 At December 31, 2020 5,670 115,032 7,400 1,011 129,113 Additional provision in the year 2,125 2,135 - - 4,260 Transfer to current provisions (277 ) - (1,901 ) - (2,178 ) Release of provision in the year (284 ) (45,987 ) (500 ) (168 ) (46,939 ) Utilized provision in the year (4 ) (22,516 ) - (841 ) (23,361 ) Foreign exchange (292 ) (60 ) - 2 (350 ) At December 31, 2021 $ 6,938 $ 48,604 $ 4,999 $ 4 $ 60,545

Deferred Tax (Tables)

Deferred Tax (Tables)	12 Months Ended
	Dec. 31, 2021
Deferred Tax Assets And Liabilities [Abstract]
Schedule of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities consist of the following at December 31 (in thousands): Note Deferred tax assets Deferred tax liabilities At January 1, 2020 $ 5,324 $ 219,789 Deferred tax released to profit or loss (1) 5 7,682 (39,087 ) Foreign exchange 614 (4 ) Reclassifications to balance sheet (64 ) - Deferred tax recognized on acquisitions to balance sheet 5 - 1,765 At December 31, 2020 $ 13,556 $ 182,463 Deferred tax released to profit or loss 393 (33,275) Foreign exchange (913 ) (296 ) Reclassifications to balance sheet 298 672 Deferred tax recognized on acquisitions to balance sheet 5 - 6,461 At December 31, 2021 $ 13,334 $ 156,025 Deferred tax, net liability at December 31, 2021 $ 142,691 (1) Previously reported comparatives for the years ended December 31, 2020 and 2019 have been re-presented for comparability with condensed disclosure for the year ended December 31, 2021
Summary of Trading Losses	Local currency 2020 2020 2021 2021 Local ’000 $’000 Local ’000 $’000 UK trading losses GBP 709,446 739,879 882,753 1,191,629 US Net Operating Losses (“NOL”) USD 195,565 195,565 276,649 276,649 Brazil trading losses BRL 72,760 14,107 74,570 13,377 Japan trading losses JPY 301,340 2,902 525,141 4,560 Hong Kong trading losses HKD 5,149 664 11,795 1,512 953,117 1,487,727

Related party disclosures (Tabl

Related party disclosures (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Transactions Between Related Parties [Abstract]
Summary of Expense Recognized in Consolidated Statement of Operations	Key management includes members of the Company’s senior management and the board of directors. The disclosure amounts below (in thousands) are based on the expense recognized in the Consolidated statement of operations in the respective year. 2020 2021 Short-term employee benefits $ 1,676 $ 2,456 Termination benefits 32 36 Share-based compensation 26,300 37,742 $ 28,008 $ 40,234

Financial Instruments and Fin_2

Financial Instruments and Financial Risk Management (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Financial Instruments [Abstract]
Summary of Assumptions Used in Measuring Fair Value of Financial Instruments	February 2020 Notes assumptions 2020 2021 Embedded derivative Closing share price $ 63.81 $ 33.43 Risk free rate 0.36 % 1.12 % Expected volatility 36.93 % 38.46 % Remaining life (years) 5.00 4.00 February 2020 Notes – sensitivity analysis Assumption Increase/(decrease) in profit or loss Increase/(decrease) in profit or loss 2020 2021 Share Price increases by $1 $ (20,259 ) $ (3,931 ) Risk free rate increases by 1% (11,366 ) (1,516 ) Expected volatility increases by 1% (633 ) (228 ) April 2020 Notes assumptions 2020 2021 Embedded derivative Closing share price $ 63.81 $ 33.43 Risk free rate 0.65 % 1.29 % Expected volatility 37.22 % 36.68 % Remaining life (years) 6.33 5.33 April 2020 Notes – sensitivity analysis Assumption Increase/(decrease) in profit or loss Increase/(decrease) in profit or loss 2020 2021 Share Price increases by $1 $ (24,215 ) $ (25,113 ) Risk free rate increases by 1% (20,233 ) (13,104 ) Expected volatility increases by 1% (2,296 ) (2,898 ) November 2020 Notes assumptions 2020 2021 Embedded derivative Closing share price $ 63.81 $ 33.43 Risk free rate 0.92 % 1.56 % Expected volatility 36.89 % 35.97 % Credit spread (basis points) 344.47 350.00 November 2020 Notes – sensitivity analysis Assumption Increase/(decrease) in profit or loss Increase/(decrease) in profit or loss 2020 2021 Share Price increases by $1 $ (13,673 ) $ (10,044 ) Credit spread increases by 50 basis points (2,504 ) (5,469 ) Expected volatility increases by 1% (5,203 ) (2,451 )
Summary of Categories of Financial Instruments	Details of the significant accounting policies and methods adopted (including the criteria for recognition, the basis of measurement and the bases for recognition of income and expenses) for each class of financial asset, financial liability and equity instrument are disclosed in Note 2, Significant accounting policies Categories of financial instruments Financial assets (in thousands) Amortized cost Amortized cost 2020 2021 Current Trade receivables $ 49,833 $ 63,046 Other receivables 123,492 179,964 Cash and cash equivalents 1,573,421 1,363,128 Non-current Other receivables 58,081 31,225 Total $ 1,804,827 $ 1,637,363 Fair value Fair value 2020 2021 Foreign currency derivatives - held at FVTPL $ 1,260 $ 410 Foreign currency derivatives - held as cash flow hedges 28,982 7,600 Derivative financial assets $ 30,242 $ 8,010 Fair value Fair value 2020 2021 Short term investments - held at FVTPL $ - $ 99,971 Short term investments $ - $ 99,971 Financial liabilities (in thousands) Amortized cost Amortized cost 2020 2021 Trade payables $ 277,827 $ 342,938 Other payables 16,642 22,208 Total $ 294,469 $ 365,146 Fair value Fair value 2020 2021 Foreign currency derivatives - held at FVTPL $ 238 $ 35 Foreign currency derivatives - held as cash flow hedges 17,189 21,083 Current derivative financial liabilities $ 17,427 $ 21,118 Fair value Fair value 2020 2021 $250.0 million 5% convertible note embedded derivative - held at FVTPL $ 1,060,167 $ 90,682 $400.0 million 3.75% convertible note embedded derivative - held at FVTPL 1,217,491 492,801 $600.0 million 0.00% convertible note embedded derivative - held at FVTPL 718,562 288,945 Non-current derivative financial liabilities $ 2,996,220 $ 872,428 Present value Present value 2020 2021 Put and call option liabilities - non-current $ 348,937 $ 836,609 Put and call option liabilities - current - 8,321 Total Put and call option liabilities $ 348,937 $ 844,930
Disclosure of Carrying Value and Fair Value of Non-current Borrowings Explanatory	2020 (1) 2020 2021 2021 Carrying value Fair value Carrying value Fair value At December 31 Non-current borrowings $ 617,789 $ 1,058,306 $ 515,804 $ 859,132 (1) Refer to Note 2, Significant accounting policies
Summary of Notional Amounts of Outstanding Foreign Currency Derivatives	The notional amounts of the Group’s outstanding foreign currency derivatives at year end are: Notional Notional 2020 2021 Foreign currency derivatives $ 1,120,038 $ 1,616,383
Financial Assets/(Liabilities) at Fair Value through Profit or Loss	Fair value through profit or loss Asset Liability 2020 2021 2020 2021 Forward foreign exchange contracts $ 1,260 $ 410 $ 238 $ 35 Total $ 1,260 $ 410 $ 238 $ 35 Cashflow hedges Asset Liability 2020 2021 2020 2021 Forward foreign exchange contracts $ 28,982 $ 7,600 $ 17,189 $ 21,083 Total $ 28,982 $ 7,600 $ 17,189 $ 21,083
Summary of Analyses Group's Financial Liabilities into Groupings of Remaining Period from Reporting Date to Contractual Maturity Date	The table below (in thousands) analyses the Group’s financial liabilities into relevant groupings based on the remaining period from the reporting date to the contractual maturity date. Amounts due within twelve months equal their carrying balances, as the impact of discounting is not significant. Less than one year Less than one year 2020 2021 Trade and other payables $ 294,469 $ 365,146 Put and call option liabilities - 8,321 Total current $ 294,469 $ 373,467 More than one year More than one year 2020 (1) 2021 Put and call option liabilities $ 348,937 $ 836,609 Borrowings 617,789 515,804 Total non-current $ 966,726 $ 1,352,413 (1) Refer to Note 2, Significant accounting policies
Summary of Non-derivative Financial Liabilities and Gross and Net Settled Derivative Financial Instruments Into Relevant Maturity Groupings	The following table analyses the Group’s non-derivative financial liabilities and gross and net settled derivative financial instruments into relevant maturity groupings, based on the remaining period at the balance sheet to the contractual maturity date. The amounts disclosed in the table are the contracted cash flows and may therefore not reconcile to the amounts disclosed in the Consolidated statement of financial position for borrowings and derivative financial instruments. Less than twelve months Between one and three years Between three and five years More than five years At December 31, 2021 Non derivative financial liabilities Convertible bonds - $250.0 million $ - $ - $ 50,000 $ - Convertible bonds - $400.0 million - - - 400,000 Convertible bonds - $600.0 million - - - 600,000 Put and call option liabilities 8,321 188,261 656,640 - Contingent consideration 8,822 9,064 - - Obligations under leases 54,216 73,685 51,124 90,801 Trade and other payables 434,199 - - - Net settled derivatives Outflow 1,219 - - - Gross settled derivatives Inflow (1,570,026 ) - - - Outflow 1,590,865 - - - Less than twelve months Between one and three years Between three and five years More than five years At December 31, 2020 Non derivative financial liabilities Convertible bonds - $250.0 million $ 12,500 $ 25,000 $ 275,000 $ - Convertible bonds - $400.0 million 15,000 30,000 30,000 422,500 Convertible bonds - $600.0 million - - - 600,000 Put and call option liabilities - 348,937 - - Obligations under leases 33,703 61,296 50,800 61,430 Trade and other payables 371,289 - - - Net settled derivatives Outflow 1,900 - - - Gross settled derivatives Inflow (1,375,542 ) - - - Outflow 1,366,819 - - - Comparative amounts for gross settled derivatives inflow and outflows were previously disclosed on a net basis and have been represented on a gross basis. Previously these were disclosed as financial assets of $30.2 million and financial liabilities of $15.5 million.
Schedule of Capital Structure	2020 (1) 2021 Total borrowings (1) $ 3,805,412 $ 1,602,741 Less: cash and cash equivalents (1,573,421 ) (1,363,128 ) Net debt (1) 2,231,991 239,613 Total (deficit)/equity (1) (1,658,642 ) 270,616 Total $ 573,349 $ 510,229 (1) Refer to Note 2, Significant accounting policies
Summary of Movements in Financing Liabilities	The table below reconciles the movements in our financing liabilities during the year: Non-cash movements As at December 31, 2020 (1) Cash movement Early conversion of February 2020 Notes Foreign exchange movement Finance costs Fair value changes & other As at December 31, 2021 Borrowings - leases $ 191,403 $ (35,388 ) $ - $ (8,111 ) $ 9,137 $ 57,468 $ 214,509 Non-current borrowings - convertible notes 617,789 (22,949 ) (146,673 ) - 67,638 - 515,805 Borrowings-related derivative financial instruments 2,996,220 - (484,956 ) 1 - (1,638,837 ) 872,428 Financing liabilities $ 3,805,412 (58,337 ) (631,629 ) (8,110 ) $ 76,775 (1,581,369 ) $ 1,602,742 Non-cash movements As at December 31, 2019 Cash movement Bifurcation of embedded derivative Foreign exchange movement Finance costs Fair value changes & other As at December 31, 2020 (1) Borrowings - leases $ 119,318 $ (25,808 ) $ - $ 4,539 $ 6,757 $ 86,597 $ 191,403 Non-current borrowings - convertible notes (1) - 1,223,042 (641,448 ) - 41,851 (5,656 ) 617,789 Borrowings-related derivative financial instruments - - 641,448 - - 2,354,772 2,996,220 Financing liabilities $ 119,318 $ 1,197,234 $ - $ 4,539 $ 48,608 $ 2,435,713 $ 3,805,412 (1) Refer to Note 2, Significant accounting policies
Summary of Sensitivity Analysis Used in Measuring Fair Value of Financial Instruments	Assumption Increase/(decrease) in profit or loss Increase/(decrease) in profit or loss 2020 2021 Share Price increases by $1 $ (11,196 ) $ (6,521 ) Expected volatility increases by 1% (1,776 ) (826 ) Credit spread increases by 50 basis points 3,413 939 Assumption Increase/ (decrease) in profit or loss Increase/ (decrease) in profit or loss 2020 2021 Share Price increases by $1 $ - $ (14,899 ) Risk free rate increases by 1% - (468 ) Credit spread increases by 50 basis points - 6,075
Schedule of Foreign Exchange Rate Sensitivity Analysis	Increase/ (decrease) in profit or loss Increase/ (decrease) in profit or loss 2020 2021 10% appreciation of U.S. dollars $ 24,118 $ (7,684 ) 10% depreciation of U.S. dollars (29,478 ) 9,392 Increase/ (decrease) in reserves Increase/ (decrease) in reserves 2020 2021 10% appreciation of U.S. dollars $ (133 ) $ (55,374 ) 10% depreciation of U.S. dollars 4,920 67,679 Increase/ (decrease) in profit or loss Increase/ (decrease) in profit or loss 2020 2021 10% appreciation of GBP $ (21,372 ) $ 2,906 10% depreciation of GBP 17,486 (3,552 ) Increase/ (decrease) in reserves Increase/ (decrease) in reserves 2020 2021 10% appreciation of GBP $ 38,430 $ 80,726 10% depreciation of GBP (27,550 ) (67,223 ) Increase/ (decrease) in profit or loss Increase/ (decrease) in profit or loss 2020 2021 10% appreciation of EUR $ (17,234 ) $ 2,987 10% depreciation of EUR 14,101 (1,858 ) Increase/ (decrease) in reserves Increase/ (decrease) in reserves 2020 2021 10% appreciation of EUR $ (3,570 ) $ 31,134 10% depreciation of EUR 2,921 (24,887 )

Employee benefit obligations (T

Employee benefit obligations (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Information About Defined Benefit Plans [Abstract]
Summary of Other Non-current Liabilities	Other non-current liabilities consist of the following at December 31 (in thousands): 2020 2021 Cash-settled awards liability $ 24,295 $ 10,404 Employee severance liability 1,821 2,544 Total non-current liabilities $ 26,116 $ 12,948
Summary of Equity Settled Share Based Payment Plans	During the year ended December 31, 2021, the Group had four equity-settled share-based payment plans which are described below. Type of arrangement EMI approved share option plan Unapproved share option plan LTIP 2015 plan LTIP 2018 plan Date of first grant November 1, 2011 July 1, 2011 September 9, 2015 September 20, 2018 Number granted 5,505,600 11,332,835 38,174,980 50,669,762 Contractual life 10 years 10 years 10 years 10 years Vesting conditions Varying tranches of options vesting upon defined years of service Varying tranches of options vesting upon defined years of service Varying tranches of options vesting upon defined years of service with certain awards having non-market conditions Varying tranches of options and Restricted Stock Units (RSU) vesting upon defined years of service
Summary of Movements on Share Options and Weighted Average Exercise Prices	Movements on the share options were as follows: 2019 2020 2021 Number of options & RSUs Number of options & RSUs Number of options & RSUs Options & RSUs at beginning of year 44,218,814 39,583,858 43,063,713 Options & RSUs granted 13,585,502 19,685,173 13,933,172 Options & RSUs exercised (7,503,814 ) (11,817,074 ) (8,677,510 ) Options & RSUs forfeited (10,716,644 ) (4,388,244 ) (2,011,549 ) Options & RSUs at end of year 39,583,858 43,063,713 46,307,826 Options & RSUs exercisable at end of year 10,360,642 11,944,576 18,293,805 Weighted average exercise prices were as follows: 2019 2020 2021 Options & RSUs at beginning of year $ 6.15 $ 8.23 $ 8.00 Options & RSUs granted $ 8.94 $ 5.38 $ 8.72 Options & RSUs forfeited $ 5.70 $ 7.02 $ 5.33 Options & RSUs exercised $ 1.25 $ 5.63 $ 4.37 Options & RSUs at end of year $ 8.23 $ 8.00 $ 9.01 Options & RSUs exercisable at year end $ 6.40 $ 8.96 $ 11.43 Weighted average remaining contracted life of options & RSUs outstanding at year end 9.79 years 8.94 years 8.11 years 2019 2020 2021 Number of options & RSUs Number of options & RSUs Number of options & RSUs Exercise price of options & RSUs outstanding at year end $0.00 to $0.08 8,545,400 11,878,888 18,050,469 $0.09 to $0.56 27,340 27,340 27,340 $0.57 to $3.52 629,730 320,944 184,823 $3.53 to $5.73 3,225,120 2,020,354 1,293,101 $5.74 to $7.39 5,873,001 3,385,770 2,386,536 $7.40 to $20.00 17,402,097 21,965,750 19,389,418 $20.01 to $27.09 3,881,170 3,423,111 3,028,881 $27.10 to $40.00 - 41,556 71,784 $40.01 to $67.99 - - 1,875,474 39,583,858 43,063,713 46,307,826 Weighted average fair value of options & RSUs granted in year $ 15.54 $ 8.81 $ 23.33
Summary of Inputs in Black Scholes Model for Share Options Granted	Inputs in the Black Scholes model for share options granted during the year and prior year were as follows: 2019 2020 2021 Black Scholes model Weighted average share price $ 21.73 $ 12.44 $57.40 Weighted average exercise price $ 8.94 $ 5.38 $22.80 Average expected volatility 36% 40% 40% Expected life 4 years 4 years 4 years Risk free rate 2.15% 1.05% 0.51% Expected dividends $nil $nil $nil
Summary of 2020 CEO Performance Based Restricted Stock Unit Award	Tranche Performance Period Number of PSUs Eligible To be Earned Stock Price Hurdle 1 1st - 5th anniversary of the grant 5% of Total Number of PSUs $ 75 2 1st - 5th anniversary of the grant 5% of Total Number of PSUs $ 100 3 2nd - 6th anniversary of the grant 10% of Total Number of PSUs $ 125 4 2nd - 6th anniversary of the grant 10% of Total Number of PSUs $ 150 5 3rd - 7th anniversary of the grant 10% of Total Number of PSUs $ 175 6 3rd - 7th anniversary of the grant 20% of Total Number of PSUs $ 200 7 4th - 8th anniversary of the grant 20% of Total Number of PSUs $ 225 8 4th - 8th anniversary of the grant 20% of Total Number of PSUs $ 250

Share capital and share premi_2

Share capital and share premium (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Classes Of Share Capital [Abstract]
Summary of Ordinary Shares Issued and Fully Paid	Ordinary shares issued and fully paid as at December 31, 2021 (in thousands, except number of shares): Number of shares Class Par value $ Share capital Share premium Merger reserve Total 337,923,238 Class A ordinary shares 0.04 $ 13,517 $ 1,596,165 $ 783,529 $ 2,393,211 42,858,080 Class B ordinary shares 0.04 1,714 45,509 - 47,223 380,781,318 $ 15,231 $ 1,641,674 $ 783,529 $ 2,440,434 Ordinary shares issued and fully paid as at December 31, 2020 (in thousands, except number of shares): Number of shares Class Par value $ Share capital Share premium Merger reserve Total 311,352,064 Class A ordinary shares 0.04 $ 12,454 $ 882,422 $ 783,529 $ 1,678,405 42,858,080 Class B ordinary shares 0.04 1,714 45,509 - 47,223 354,210,144 $ 14,168 $ 927,931 $ 783,529 $ 1,725,628

Other Reserves (Tables)

Other Reserves (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Reserves Within Equity [Abstract]
Summary of Other Reserves	Other Warrant reserve Changes in ownership Share based payments Cashflow hedge reserve Merger relief reserve Time value reserve Other Total other reserves At January 1, 2019 $ 747 $ (8,666 ) $ 72,796 $ 436 $ 2,161 $ — $ — $ 67,474 Shares issued - acquisition of a subsidiary - - - - 393,853 - - 393,853 Movement in cash flow hedge reserve - - - (3,527 ) - - - (3,527 ) Loss transferred to the cost of inventory - - - 142 - - - 142 Share-based payments - equity-settled - - 76,383 - - - - 76,383 Share-based payments - reverse vesting shares (1) - - (62,834 ) - - - - (62,834 ) Exercise of warrants (747 ) - - - - - - (747 ) Transaction with non-controlling interests - - - - - - (101,311 ) (101,311 ) Impairment loss on revaluation of investments - - - - - - (100 ) (100 ) Remeasurement loss on legally required severance plan - - - - - - (58 ) (58 ) At December 31, 2019 - (8,666 ) 86,345 (2,949 ) 396,014 - (101,469 ) 369,275 Movement in cash flow hedge reserve - - - 13,385 - 2,552 - 15,937 Gain transferred to the cost of inventory - - - (1,213 ) - - - (1,213 ) Shares issued - acquisition of a subsidiary - - - - 4,808 - - 4,808 Remeasurement loss on severance plan - - - - - - (24 ) (24 ) Share-based payment - reverse vesting shares - - 26,092 - - - - 26,092 Share-based payment - equity-settled - - 52,690 - - - - 52,690 At December 31, 2020 - (8,666 ) 165,127 9,223 400,822 2,552 (101,493 ) 467,565 Movement in cash flow hedge reserve - - - (24,776 ) - (2,552 ) - (27,328 ) Loss transferred to the cost of inventory - - - 2,066 - - - 2,066 Share-based payment - reverse vesting shares - - (24,486 ) - - - - (24,486 ) Share-based payment - equity-settled - - 61,282 - - - - 61,282 Non-controlling interest put option - - - - - - (150,070 ) (150,070 ) Farfetch China Holdings Limited put call option - - - - - - (744,163 ) (744,163 ) Capital contribution from non-controlling interests - - - - - - 488,863 488,863 Acquisition of non-controlling interest - - - - - - (11,613 ) (11,613 ) Other - - - - - - (2,596 ) (2,596 ) At December 31, 2021 $ - $ (8,666 ) $ 201,923 $ (13,487 ) $ 400,822 $ - $ (521,072 ) $ 59,520

Group Information (Tables)

Group Information (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure Of Significant Investments In Subsidiaries [Abstract]
Summary of Subsidiaries	Direct Holdings Legal name of subsidiary Country of incorporation % equity interest Principal activities 2020 2021 Farfetch Holdings plc (previously Hulk Finco plc) United Kingdom 100 100 Holding company Indirect Holdings Legal name of subsidiary Country of incorporation % equity interest Principal activities 2020 2021 Alanui S.r.l. Italy 53 53 Retail Allure Systems Corp. Delaware (USA) - 100 E-commerce services Allure Systems Research France S.A.S. France - 100 E-commerce services Ambush (Shanghai) Trading Co., Ltd People's Republic of China - 70 Retail Ambush Inc. Japan 70 70 Retail Ambush Italy S.r.l. Italy 70 70 Retail APA S.r.l. Italy 100 100 Retail Beijing Qizhi Ruisi Information Consulting Co., Ltd People's Republic of China 81 81 E-commerce services Browns (South Molton Street) Limited United Kingdom 100 100 Retail County S.r.l. Italy 100 100 Retail F Concierge France S.A.S. France - 100 Retail F.F.B.R. Importacao e Exportação LTDA* Brazil 100 100 Import & Export Agent for Farfetch Fafaqi (Shanghai) Network Technology Development Co., Ltd People's Republic of China - 100 E-commerce services Farfetch (Shanghai) E-Commerce Co. Ltd People's Republic of China 100 75 E-commerce services Farfetch Australia Pty Ltd Australia 100 100 Back office support Farfetch Brasil China Exportacao Ltda Brazil - 75 E-commerce services Farfetch Canada Limited Canada 100 100 Retail Farfetch China (HK Holdings) Limited Hong Kong 100 75 Holding company Farfetch China Holdings Ltd United Kingdom 100 75 Retail Farfetch China Ltd United Kingdom 100 75 Retail Farfetch China US LLC Delaware (USA) - 75 E-commerce services Farfetch Europe Trading B.V. The Netherlands 100 100 Retail Farfetch HK Holdings Limited Hong Kong 100 100 Holding company Farfetch HK Production Limited Hong Kong 100 100 E-commerce and marketing Farfetch India Private Limited**** India 100 100 Back office support Farfetch International Limited Isle of Man 80 80 Holding company Farfetch Italia S.r.l. Italy 100 100 Back office support Farfetch Japan Co Ltd Japan 100 100 E-commerce and marketing Farfetch Mexico, S.A. de C.V.*** Mexico 100 100 Back office support Farfetch Middle East FZE UAE 80 80 Back office support Farfetch Platform Solutions Limited (previously Farfetch Black & White Limited) United Kingdom 100 100 E-commerce services Farfetch Portugal-Unipessoal LDA Portugal 100 100 Back office support Farfetch RU LLC Russian Federation 100 100 E-commerce services and back office support Farfetch Store of the Future Limited United Kingdom 100 100 Dormant company Farfetch UK FINCO Limited United Kingdom 100 100 Holding company Farfetch UK Limited United Kingdom 100 100 Marketing, providing editorial and merchant services Farfetch US Holdings, Inc. Delaware (USA) 100 100 Holding company Farfetch.com Brasil Serviços LTDA** Brazil 100 100 E-commerce, marketing and editorial services Farfetch.com Limited Isle of Man 100 100 Holding company Farfetch.com US LLC California (USA) 100 100 E-commerce and marketing Fashion Concierge HK Limited Hong Kong 100 100 E-commerce services Fashion Concierge Powered By Farfetch LLC Delaware (USA) 100 100 E-commerce services Fashion Concierge UK Limited United Kingdom 100 100 E-commerce services Heron Preston S.r.l. Italy 80 80 Retail Heron Preston Trademark S.r.l. Italy 51 51 Retail JBUX Limited United Kingdom - 100 Retail Kicks Lite, LLC New York (USA) 100 100 E-commerce services KPG S.r.l. Italy 75 75 Retail Laso. Co. Ltd Japan 100 100 E-commerce and marketing Luxclusif, Unipessoal Lda. Portugal - 100 E-commerce services Luxi (Shanghai) Trading Co., Ltd People's Republic of China - 100 Trading company Luxis Baltic OÜ Estonia - 100 E-commerce services M.A. Alliance Ltd. Japan - 100 E-commerce services New Guards Group Holding S.p.A. Italy 100 100 Retail NGG Beauty S.r.l. Italy - 100 Retail OC Italy S.r.l. Italy 100 100 Retail Off White (Shanghai) Trading Co., Ltd People's Republic of China - 75 Retail Off White Operating Holding, Corp. Delaware (USA) 75 75 Retail Off White Operating London Limited United Kingdom 75 75 Retail Off White Operating Los Angeles, LLC California (USA) 75 75 Retail Off White Operating Miami, LLC Florida (USA) 75 75 Retail Off-White Operating Milano S.r.l. Italy 75 75 Retail Off-White Operating Paris S.a.r.l. France 75 75 Retail Off White Operating Soho, LLC New York (USA) 75 75 Retail Off White Operating Spain SL Spain - 75 Retail Off-White Operating S.r.l. Italy 75 75 Retail Off-White Operating Switzerland GmbH Switzerland - 75 Retail Off White Operating Vegas, LLC Nevada (USA) 75 75 Retail Palm Angels (Shanghai) Trading Co., Ltd People's Republic of China - 100 Retail Palm Angels S.r.l. Italy - 60 Retail SGNY1 LLC New York (USA) 100 100 E-commerce services Stadium Enterprises LLC Delaware (USA) 100 100 E-commerce services There Was One S.r.l. Italy - 100 E-commerce services Unravel Project S.r.l. Italy 61 61 Retail Upteam Corporation Limited Hong Kong - 100 Holding company Venice Holding Corp. Delaware (USA) - 100 Holding company Venice Miami LLC Florida (USA) - 100 Retail Venice Retail Italy S.r.l. Italy - 100 Retail Venice S.r.l. Italy 69 100 Retail Venice Vegas LLC Nevada (USA) - 100 Retail

Non-controlling interests (Tabl

Non-controlling interests (Tables)	12 Months Ended
	Dec. 31, 2021
Non Controlling Interests [Abstract]
Summary of Effect of Changes in Ownership Interest	The effect of changes in the ownership interest of the Group on the equity attributable to owners of the Company is summarized as follows (in thousands): CuriosityChina Farfetch International Limited (IOM) New Guards Farfetch China Holdings Limited Total Balance at January 1, 2020 $ 409 $ 1,225 $ 168,592 $ - $ 170,226 Total comprehensive income/(loss) attributable to non-controlling interests 110 (3,412 ) 21,182 - 17,880 Acquisition of non-controlling interest - - 965 - 965 Dividends paid to non-controlling interests - - (20,515 ) - (20,515 ) Balance at December 31, 2020 519 (2,187 ) 170,224 - 168,556 Total comprehensive (loss)/income attributable to non-controlling interests (1,657 ) (548 ) 16,220 (12,635 ) $ 1,380 Step acquisition - - 2,434 - 2,434 Capital contribution from non-controlling interest - - - (13,875 ) (13,875 ) Non-controlling interest arising on purchase of asset - - 50,453 - 50,453 Acquisition of non-controlling interest - - (6,901 ) - (6,901 ) Dividends paid to non-controlling interests - - (23,016 ) - (23,016 ) Other - - 2,977 - 2,977 Balance at December 31, 2021 $ (1,138 ) $ (2,735 ) $ 212,391 $ (26,510 ) $ 182,008 % of non-controlling interests 19 % 20 % 23 % 22 %

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Details) - USD ($)		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Disclosure of Significant Accounting Policies [Line Items]
Finance costs	[1]	$ (86,441,000)		$ (91,294,000)		$ (19,232,000)
(Loss)/profit after tax for the year		1,470,611,000		(3,315,623,000)	[1]	(393,500,000)	[1]
Borrowings				617,789,000
Share-based payments	[2]	196,167,000		291,633,000		178,234,000
Selling, general and administrative expense	[1]	1,480,968,000		1,351,483,000		889,421,000
loss after tax		(1,470,611,000)		3,315,623,000	[1]	393,500,000	[1]
Other reserves (1)		59,520,000	[2]	467,565,000	[2]	369,275,000
Accumulated losses (1)		$ (2,386,802,000)	[2]	(4,013,120,000)	[2]	(845,947,000)
Promotional incentives remittance period after transactions		2 months
Intangible assets with indefinite useful lives		$ 0
Leases of low-value asset leases and short term leases using recognition exemption		The standard includes two recognition exemptions: “low value” asset leases and short-term leases (the Group uses this exemption for all leases with a term of twelve months or less). In such cases, lease payments are recognized as an expense on a straight-line basis over the lease term
Restricted cash		$ 2,300,000
Bottom of Range
Disclosure of Significant Accounting Policies [Line Items]
Budgets and forecast calculations period		5 years
Top of Range
Disclosure of Significant Accounting Policies [Line Items]
Budgets and forecast calculations period		8 years
Palm Angels
Disclosure of Significant Accounting Policies [Line Items]
Percent of ordinary share acquired		60.00%
Interest Expense Adjustment
Disclosure of Significant Accounting Policies [Line Items]
Interest expense				17,400,000
Finance costs				17,448,000
(Loss)/profit after tax for the year				$ 17,448,000
basic and diluted loss per share				$ 0.06
Borrowings				$ (17,448,000)
loss after tax				(17,448,000)
Accumulated losses (1)				17,448,000
Share Based Payment Expense Adjustment
Disclosure of Significant Accounting Policies [Line Items]
(Loss)/profit after tax for the year						$ (19,812,000)
basic and diluted loss per share						$ 0.06
Share-based payments						$ 19,800,000
Selling, general and administrative expense						19,812,000
loss after tax						19,812,000
Other reserves (1)				19,812,000		19,812,000
Accumulated losses (1)				$ (19,812,000)		$ (19,812,000)
[1]	Refer to Note 2, Significant accounting policies
[2]	Refer to Note 2, Significant accounting policies .

Significant Accounting Polici_5

Significant Accounting Policies - Schedule of Impact on Consolidated Statement of Financial Position (Details) - USD ($) $ in Thousands	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018
Non-current liabilities
Borrowings			$ 617,789
Total non-current liabilities	$ 2,648,641		4,470,766	[1]
Total liabilities	3,555,898		5,249,513	[1]	$ 890,047
Other reserves (1)	59,520	[1]	467,565	[1]	369,275
Accumulated losses (1)	(2,386,802)	[1]	(4,013,120)	[1]	(845,947)
Total deficit	270,616		(1,658,642)	[1]	1,337,832	$ 1,128,431
Total (deficit)/equity and liabilities	$ 3,826,514		3,590,871	[1]	2,227,879
As Previously Reported
Non-current liabilities
Borrowings			635,237
Total non-current liabilities			4,488,214
Total liabilities			5,266,961		890,047
Other reserves (1)			447,753		349,463
Accumulated losses (1)			(4,010,756)		(826,135)
Total deficit			(1,676,090)		1,337,832
Total (deficit)/equity and liabilities			3,590,871		2,227,879
Share Based Payment Expense Adjustment
Non-current liabilities
Other reserves (1)			19,812		19,812
Accumulated losses (1)			(19,812)		$ (19,812)
Interest Expense Adjustment
Non-current liabilities
Borrowings			(17,448)
Total non-current liabilities			(17,448)
Total liabilities			(17,448)
Accumulated losses (1)			17,448
Total deficit			$ 17,448
[1]	Refer to Note 2, Significant accounting policies .

Significant Accounting Polici_6

Significant Accounting Policies - Schedule of Impact on Consolidated Statement of Operations (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Schedule Of Error Correction Impact On Financial Statements [Line Items]
Selling, general and administrative expenses	[1]	$ (1,480,968)	$ (1,351,483)		$ (889,421)
Finance costs	[1]	(86,441)	(91,294)		(19,232)
Loss before tax	[2]	1,473,613	(3,330,057)	[1],[3]	(392,338)	[1],[3]
Income tax (expense)/benefit		(3,002)	14,434	[1],[2],[3]	(1,162)	[1],[2],[3]
(Loss)/profit after tax for the year		1,470,611	(3,315,623)	[1]	(393,500)	[1]
(Loss)/profit after tax attributable to:
Equity holders of the parent		1,466,487	(3,333,171)	[1]	(405,109)	[1]
Non-controlling interests		$ 4,124	17,548	[1]	11,609	[1]
As Previously Reported
Schedule Of Error Correction Impact On Financial Statements [Line Items]
Selling, general and administrative expenses					(869,609)
Finance costs			(108,742)
Loss before tax			(3,347,505)		(372,526)
Income tax (expense)/benefit			14,434		(1,162)
(Loss)/profit after tax for the year			(3,333,071)		(373,688)
(Loss)/profit after tax attributable to:
Equity holders of the parent			(3,350,619)		(385,297)
Non-controlling interests			17,548		11,609
Share Based Payment Expense Adjustment
Schedule Of Error Correction Impact On Financial Statements [Line Items]
Selling, general and administrative expenses					(19,812)
Loss before tax					(19,812)
(Loss)/profit after tax for the year					(19,812)
(Loss)/profit after tax attributable to:
Equity holders of the parent					$ (19,812)
Interest Expense Adjustment
Schedule Of Error Correction Impact On Financial Statements [Line Items]
Finance costs			17,448
Loss before tax			17,448
(Loss)/profit after tax for the year			17,448
(Loss)/profit after tax attributable to:
Equity holders of the parent			$ 17,448
[1]	Refer to Note 2, Significant accounting policies
[2]	Refer to Note 2, Significant accounting policies .
[3]	Previously reported comparatives for the years ended December 31, 2020 and 2019 have been re-presented for comparability with condensed disclosure for the year ended December 31, 2021.

Significant Accounting Polici_7

Significant Accounting Policies - Schedule of Impact on Basic and Diluted Earnings per Share (Details) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
(Loss)/earnings per share attributable to owners of the parent
Basic	$ 4.02	$ (9.69)	[1],[2]	$ (1.27)	[1]
Diluted	$ (1.07)	(9.69)	[1],[2]	(1.27)	[1]
As Previously Reported
(Loss)/earnings per share attributable to owners of the parent
Basic		(9.75)		(1.21)
Diluted		(9.75)		(1.21)
Share Based Payment Expense Adjustment
(Loss)/earnings per share attributable to owners of the parent
Basic				(0.06)
Diluted				$ (0.06)
Interest Expense Adjustment
(Loss)/earnings per share attributable to owners of the parent
Basic		0.06
Diluted		$ 0.06
[1]	Refer to Note 2, Significant accounting policies
[2]	Refer to Note 2, Significant accounting policies .

Significant Accounting Polici_8

Significant Accounting Policies - Useful Lives of Property, Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2021
Leasehold Improvements
Disclosure Of Property Plant And Equipment [Line Items]
Useful lives of property, plant and equipment	Shorter of the life of the lease or useful life
Fixtures and Fittings | Bottom of Range
Disclosure Of Property Plant And Equipment [Line Items]
Useful lives of property, plant and equipment	3 years
Fixtures and Fittings | Top of Range
Disclosure Of Property Plant And Equipment [Line Items]
Useful lives of property, plant and equipment	10 years
Motor Vehicles | Bottom of Range
Disclosure Of Property Plant And Equipment [Line Items]
Useful lives of property, plant and equipment	4 years
Motor Vehicles | Top of Range
Disclosure Of Property Plant And Equipment [Line Items]
Useful lives of property, plant and equipment	8 years
Plant, Machinery and Equipment | Bottom of Range
Disclosure Of Property Plant And Equipment [Line Items]
Useful lives of property, plant and equipment	3 years
Plant, Machinery and Equipment | Top of Range
Disclosure Of Property Plant And Equipment [Line Items]
Useful lives of property, plant and equipment	10 years

Significant Accounting Polici_9

Significant Accounting Policies - Estimated Useful Lives of Intangible Assets (Details)	12 Months Ended
	Dec. 31, 2021
Development Costs
Disclosure Of Intangible Assets [Line Items]
Estimated useful lives of intangible assets	3 years
Brand, Trademarks & Domain Names | Bottom of Range
Disclosure Of Intangible Assets [Line Items]
Estimated useful lives of intangible assets	5 years
Brand, Trademarks & Domain Names | Top of Range
Disclosure Of Intangible Assets [Line Items]
Estimated useful lives of intangible assets	16 years
Customer Relationships | Bottom of Range
Disclosure Of Intangible Assets [Line Items]
Estimated useful lives of intangible assets	3 years
Customer Relationships | Top of Range
Disclosure Of Intangible Assets [Line Items]
Estimated useful lives of intangible assets	5 years
Acquired Software | Bottom of Range
Disclosure Of Intangible Assets [Line Items]
Estimated useful lives of intangible assets	3 years
Acquired Software | Top of Range
Disclosure Of Intangible Assets [Line Items]
Estimated useful lives of intangible assets	10 years

Critical Accounting Judgments_2

Critical Accounting Judgments and Key Sources of Estimation Uncertainty - Additional Information (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)sharesTranche$ / shares	Dec. 31, 2020USD ($)	Apr. 30, 2020USD ($)
Disclosure Of Accounting Judgments And Estimates [Line Items]
Notes issued		$ 617,789
Projected cash flows forecast period	3 years
Share price | $ / shares	$ 33.43
2021 CEO Performance Based Restricted Stock Unit ("PSU") | Jose Neves, the Company' Founder, Chief Executive Officer and Chairman of the Board (the "CEO")
Disclosure Of Accounting Judgments And Estimates [Line Items]
Number of PSU granted | shares	8,440,000
Performance period	8 years
Number of tranche | Tranche	8
Target stock price | $ / shares	$ 75
Number of awards expected to vest | shares
Employer tax liability
Palm Angels
Disclosure Of Accounting Judgments And Estimates [Line Items]
Acquisition of percent of ordinary share capital	60.00%
Alibaba and Richemont
Disclosure Of Accounting Judgments And Estimates [Line Items]
Capital contribution from investors	$ 500,000
April 2020 Notes
Disclosure Of Accounting Judgments And Estimates [Line Items]
Notes issued	$ 400,000	400,000	$ 400,000
Senior Convertible Notes | February 2020 Notes
Disclosure Of Accounting Judgments And Estimates [Line Items]
Notes issued		250,000
Senior Convertible Notes | April 2020 Notes
Disclosure Of Accounting Judgments And Estimates [Line Items]
Notes issued		400,000
Senior Convertible Notes | November 2020 Notes
Disclosure Of Accounting Judgments And Estimates [Line Items]
Notes issued		$ 600,000
Farfetch China Holdings Ltd | Alibaba and Richemont
Disclosure Of Accounting Judgments And Estimates [Line Items]
Percentage if investment	25.00%
Bottom of Range
Disclosure Of Accounting Judgments And Estimates [Line Items]
Projected cash flows forecast period		5 years
Top of Range
Disclosure Of Accounting Judgments And Estimates [Line Items]
Projected cash flows forecast period		8 years

Revenue - Summary of Revenue by

Revenue - Summary of Revenue by Type of Good or Service (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Line Items]
Total Revenue	$ 2,256,608	$ 1,673,922	[1]	$ 1,021,037	[1]
Digital Platform Services Revenue
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Line Items]
Total Revenue	1,385,678	1,033,156		701,246
Digital Platform Services Revenue | Third-Party
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Line Items]
Total Revenue	845,941	637,568		496,040
Digital Platform Services Revenue | First-Party
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Line Items]
Total Revenue	539,737	395,588		205,206
Digital Platform Fulfilment Revenue
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Line Items]
Total Revenue	332,504	213,228		127,960
Brand Platform Revenue
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Line Items]
Total Revenue	467,505	390,014		164,210
In-Store Revenue
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Line Items]
Total Revenue	$ 70,921	$ 37,524		$ 27,621
[1]	Refer to Note 2, Significant accounting policies

Revenue - Additional Informatio

Revenue - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Digital Platform Services Revenue | Principal
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Line Items]
Deferred revenue balance at year end	$ 1,100,000	$ 1,000,000	$ 1,800,000
Revenue expected to be recognized term	30 days
Description of performance obligation	The Group expects to fulfill any remaining performance obligations outstanding at December 31, 2021 within the next ninety days from the reporting period.
Previously deferred amounts recognized as revenue in the year	$ 1,000,000	1,800,000	2,000,000
Digital Platform Fulfilment Revenue | Commercial intermediary
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Line Items]
Revenue expected to be recognized term	90 days
Previously deferred amounts recognized as revenue in the year	$ 5,400,000	2,700,000	500,000
Revenue from performance obligations not satisfied	7,700,000	5,400,000	2,700,000
Receivables from contracts with customers	0	0	0
Brand Platform Revenue
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Line Items]
Deferred revenue balance at year end	6,500,000	2,100,000	2,900,000
Previously deferred amounts recognized as revenue in the year	$ 2,100,000	$ 2,900,000	$ 0

Business Combinations - Additio

Business Combinations - Additional Information (Details)

Dec. 06, 2021USD ($)Subsidiary

May 08, 2020

Feb. 05, 2020USD ($)

Sep. 23, 2019USD ($)

May 28, 2019USD ($)

Apr. 03, 2019USD ($)

Jan. 04, 2019USD ($)shares

Nov. 30, 2020USD ($)

Dec. 31, 2019USD ($)

Dec. 31, 2021USD ($)

Dec. 31, 2020USD ($)

Dec. 31, 2019USD ($)

Dec. 20, 2021USD ($)

Sep. 14, 2021USD ($)

Mar. 16, 2021

Sep. 30, 2020USD ($)shares

Aug. 02, 2019USD ($)shares

Disclosure Of Business Combinations [Line Items]

Deferred tax

$ 5,324,000

$ 13,334,000

$ 13,556,000

[1]

$ 5,324,000

Goodwill

$ 382,285,000

356,521,000

Luxclusif

Disclosure Of Business Combinations [Line Items]

Percent of ordinary share acquired

100.00%

Number of fully owned subsidiaries | Subsidiary

4

Total consideration transferred

$ 26,800,000

Cash

7,800,000

Deferred cash

5,900,000

Value of ordinary shares issued or issuable

13,100,000

Amortization period of developed costs

3 years

Amortization period of customer relationships

5 years

Acquisition-related costs

$ 1,500,000

Deferred payments

135,000

Goodwill

$ 3,863,000

Allure US

Disclosure Of Business Combinations [Line Items]

Percent of ordinary share acquired

100.00%

Allure

Disclosure Of Business Combinations [Line Items]

Total consideration transferred

$ 21,703,000

Cash

15,858,000

Value of ordinary shares issued or issuable

4,380,000

Amortization period of developed costs

3 years

Acquisition-related costs

$ 600,000

Deferred payments

1,465,000

Contingent consideration

0

Goodwill

$ 21,069,000

JBUX

Disclosure Of Business Combinations [Line Items]

Percent of ordinary share acquired

100.00%

Total consideration transferred

$ 4,000,000

Cash

4,000,000

Acquisition-related costs

700,000

Goodwill

$ 2,074,000

JBUX Previous Owners

Disclosure Of Business Combinations [Line Items]

Percent of ordinary share acquired

100.00%

Alanui

Disclosure Of Business Combinations [Line Items]

Percent of ordinary share acquired

53.00%

Ambush Inc.

Disclosure Of Business Combinations [Line Items]

Percent of ordinary share acquired

70.00%

Total consideration transferred

$ 12,142,000

Cash

12,142,000

Acquisition-related costs

700,000

Goodwill

$ 10,674,000

Stadium Goods

Disclosure Of Business Combinations [Line Items]

Percent of ordinary share acquired

100.00%

Total consideration transferred

$ 178,800,000

Cash

150,200,000

Value of ordinary shares issued or issuable

80,700,000

Acquisition-related costs

4,000,000

Total consideration including amount transferrable in the future

230,900,000

Share consideration that does not satisfy IFRS 3 definition of consideration

$ 52,100,000

Service condition term

4 years

Ordinary shares issued

$ 28,600,000

Deferred tax

0

0

Goodwill

73,653,000

Stadium Goods | Merger Reserve

Disclosure Of Business Combinations [Line Items]

Acquisition-related costs

1,500,000

Stadium Goods | Selling, General and Administrative Expenses

Disclosure Of Business Combinations [Line Items]

Acquisition-related costs

2,500,000

Stadium Goods | In accordance with IFRS 3

Disclosure Of Business Combinations [Line Items]

Total consideration transferred

178,800,000

Cash

150,200,000

Ordinary shares issued

$ 28,600,000

Stadium Goods | Class A Ordinary Shares

Disclosure Of Business Combinations [Line Items]

Number of ordinary shares issued or issuable | shares

4,641,554

Toplife

Disclosure Of Business Combinations [Line Items]

Percent of ordinary share acquired

100.00%

Total consideration transferred

$ 48,503,000

Cash

48,503,000

Acquisition-related costs

700,000

Cash or cash equivalents acquired

0

Goodwill

$ 40,902,000

Toplife | Level 1 Access

Disclosure Of Business Combinations [Line Items]

Amortization period of intangible assets

4 years

Impairment of intangible assets

$ 5,800,000

Curiosity China

Disclosure Of Business Combinations [Line Items]

Percent of ordinary share acquired

78.00%

Total consideration transferred

$ 9,000,000

Cash

$ 9,000,000

Acquisition-related costs

400,000

Percentage of outstanding shares, that was not initially acquired

22.00%

Call option liabilities

$ 4,300,000

Revaluation loss of present value of call option

900,000

1,600,000

Carrying value related to remaining non-controlling interest classified as put and call option liability and trade and other payable

5,700,000

6,900,000

Goodwill

$ 3,039,000

$ 3,039,000

$ 3,039,000

Curiosity China | Farfetch China (HK Holdings) Limited

Disclosure Of Business Combinations [Line Items]

Percentage of outstanding shares transferred

3.00%

Percentage of non-controlling interest

19.00%

22.00%

Curiosity China | Customer Relationships

Disclosure Of Business Combinations [Line Items]

Amortization period of intangible assets other than goodwill

10 years

Curiosity China | Backlog

Disclosure Of Business Combinations [Line Items]

Amortization period of intangible assets other than goodwill

2 years

Curiosity China | Technology

Disclosure Of Business Combinations [Line Items]

Amortization period of intangible assets other than goodwill

10 years

New Guards

Disclosure Of Business Combinations [Line Items]

Percent of ordinary share acquired

100.00%

Total consideration transferred

$ 708,899,000

Cash

358,910,000

Value of ordinary shares issued or issuable

$ 345,200,000

Acquisition-related costs

4,100,000

Number of ordinary shares issued or issuable | shares

3,554,855

Ordinary shares issued

$ 280,705,000

Total consideration transferred gross

704,100,000

Goodwill

$ 192,831,000

Revaluation loss of fair value of shares issued as part of consideration paid

$ 21,500,000

Revenue of acquiree since acquisition date

183,000,000

Profit (loss) of acquiree since acquisition date

$ 23,100,000

New Guards | Merger Reserve

Disclosure Of Business Combinations [Line Items]

Acquisition-related costs

2,000,000

New Guards | Selling, General and Administrative Expenses

Disclosure Of Business Combinations [Line Items]

Acquisition-related costs

$ 2,100,000

New Guards | Class A Ordinary Shares

Disclosure Of Business Combinations [Line Items]

Value of ordinary shares issued or issuable

$ 4,800,000

Number of ordinary shares issued or issuable | shares

181,870

17,710,526

Goodwill

$ 4,800,000

[1]

Refer to Note 2, Significant accounting policies .

Business Combinations - Summary

Business Combinations - Summary of Purchase Consideration, Net Assets Acquired and Goodwill (Details) - USD ($) $ in Thousands	Dec. 20, 2021	Dec. 06, 2021	Sep. 14, 2021	Feb. 05, 2020	Aug. 02, 2019	May 28, 2019	Apr. 03, 2019	Jan. 04, 2019
Luxclusif
Purchase consideration
Cash		$ 7,682
Deferred payments		135
Total cash or purchase consideration		7,817
Cash		7,800
Ordinary shares issued		13,100
Total cash or purchase consideration		$ 26,800
Allure
Purchase consideration
Deferred payments	$ 1,465
Cash	15,858
Ordinary shares issued	4,380
Total cash or purchase consideration	$ 21,703
JBUX
Purchase consideration
Cash			$ 4,000
Total cash or purchase consideration			$ 4,000
Ambush Inc.
Purchase consideration
Cash				$ 12,142
Total cash or purchase consideration				$ 12,142
Stadium Goods
Purchase consideration
Ordinary shares issued								$ 28,600
Cash								150,200
Ordinary shares issued								80,700
Total cash or purchase consideration								$ 178,800
Toplife
Purchase consideration
Cash						$ 48,503
Total cash or purchase consideration						$ 48,503
Curiosity China
Purchase consideration
Cash							$ 9,000
Total cash or purchase consideration							$ 9,000
New Guards
Purchase consideration
Ordinary shares issued					$ 280,705
Cash					358,910
Ordinary shares issued					345,200
Total cash or purchase consideration					708,899
Ordinary shares to be issued					$ 69,284

Business Combinations - Summa_2

Business Combinations - Summary of Net cash Outflow Arising on Acquisition (Details) - USD ($) $ in Thousands	Dec. 20, 2021	Dec. 06, 2021	Sep. 14, 2021	Feb. 05, 2020	Aug. 02, 2019	Apr. 03, 2019	Jan. 04, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows from investing activities
Net cash outflow								$ (27,295)	$ (12,016)	$ (461,691)
Luxclusif
Cash flows from investing activities
Cash and cash equivalent balances acquired		$ 803
Cash consideration		(7,682)
Net cash outflow		$ (6,879)
Allure
Cash flows from investing activities
Cash and cash equivalent balances acquired	$ 1,840
Cash consideration	(15,858)
Net cash outflow	$ (14,018)
JBUX
Cash flows from investing activities
Cash and cash equivalent balances acquired			$ 48
Cash consideration			(4,000)
Net cash outflow			$ (3,952)
Ambush Inc.
Cash flows from investing activities
Cash and cash equivalent balances acquired				$ 126
Cash consideration				(12,142)
Net cash outflow				$ (12,016)
Stadium Goods
Cash flows from investing activities
Cash and cash equivalent balances acquired							$ 1,678
Cash consideration							(150,200)
Net cash outflow							$ (148,522)
Curiosity China
Cash flows from investing activities
Cash and cash equivalent balances acquired						$ 409
Cash consideration						(9,000)
Net cash outflow						$ (8,591)
New Guards
Cash flows from investing activities
Cash and cash equivalent balances acquired					$ 102,835
Cash consideration					(358,910)
Net cash outflow					$ (256,075)

Business Combinations - Summa_3

Business Combinations - Summary of Assets and Liabilities Recognized upon Acquisition (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 20, 2021	Dec. 06, 2021	Sep. 14, 2021	Mar. 16, 2021	Dec. 31, 2020	Feb. 05, 2020	Aug. 02, 2019	May 28, 2019	Apr. 03, 2019	Jan. 04, 2019
Disclosure Of Business Combinations [Line Items]
Deferred tax liability	$ (6,500)
Goodwill	382,285					$ 356,521
Luxclusif
Disclosure Of Business Combinations [Line Items]
Development Costs			$ 2,205
Customer relationships			1,611
Tangible assets			73
Net working capital			3,461
Net debt			(2,671)
Deferred tax liability			(725)
Total net identified assets acquired			3,954
Goodwill			3,863
Total net identified assets acquired and goodwill			7,817
Total cash or purchase consideration			$ 26,800
Allure
Disclosure Of Business Combinations [Line Items]
Development Costs		$ 5,412
Tangible assets		77
Net working capital		118
Net debt		(1,609)
Deferred tax liability		(3,364)
Total net identified assets acquired		634
Goodwill		21,069
Total net identified assets acquired and goodwill		21,703
Total cash or purchase consideration		$ 21,703
JBUX
Disclosure Of Business Combinations [Line Items]
Development Costs				$ 2,282
Tangible assets				2
Net working capital				(10)
Net debt				(17)
Deferred tax liability				(331)
Total net identified assets acquired				1,926
Goodwill				2,074
Total net identified assets acquired and goodwill				4,000
Total cash or purchase consideration				$ 4,000
Alanui
Disclosure Of Business Combinations [Line Items]
Intangible assets					$ 81
Brand name					7,279
Tangible assets					55
Other non-current assets					291
Inventory					830
Net working capital					(1,070)
Non-current liabilities					(28)
Deferred tax liability					(2,041)
Total net identified assets acquired					5,397
Fair value of previously held equity interest					(2,963)
Non-controlling interest					$ (2,434)
Ambush Inc.
Disclosure Of Business Combinations [Line Items]
Intangible assets							$ 127
Brand name							4,699
Tangible assets							1,365
Right-of-use assets							858
Other non-current assets							720
Inventory							3,374
Net working capital							(2,175)
Non-current liabilities							(5,224)
Deferred tax liability						(1,300)	(1,311)
Total net identified assets acquired							2,433
Goodwill							10,674
Total net identified assets acquired and goodwill							13,107
Non-controlling interest							(965)
Total cash or purchase consideration							12,142
Net assets acquired							$ 12,142
Stadium Goods
Disclosure Of Business Combinations [Line Items]
Intangible assets											$ 2,049
Brand name											117,300
Tangible assets											319
Right-of-use assets											2,802
Other non-current assets											243
Inventory											541
Net working capital											(3,642)
Non-current liabilities											(14,465)
Total net identified assets acquired											105,147
Goodwill											73,653
Total cash or purchase consideration											178,800
Net assets acquired											$ 178,800
Toplife
Disclosure Of Business Combinations [Line Items]
Tangible assets									$ 17
Inventory									131
Current liabilities									(1,605)
Level 1 access button									9,058
Total net identified assets acquired									7,601
Goodwill									40,902
Total cash or purchase consideration									48,503
Net assets acquired									$ 48,503
Curiosity China
Disclosure Of Business Combinations [Line Items]
Customer relationships										$ 3,878
Tangible assets										78
Current assets										1,879
Current liabilities										(1,005)
Level 1 access button										2,059
Backlog										202
Deferred tax liability										(921)
Total net identified assets acquired										6,170
Goodwill	$ 3,039					$ 3,039				3,039
Total net identified assets acquired and goodwill										9,209
Non-controlling interest										(209)
Total cash or purchase consideration										9,000
Net assets acquired										$ 9,000
New Guards
Disclosure Of Business Combinations [Line Items]
Intangible assets								$ 1,382
Brand name								830,150
Tangible assets								2,714
Right-of-use assets								10,727
Deferred tax assets								3,451
Other non-current assets								2,694
Inventory								36,757
Net working capital								32,027
Non-current liabilities								(13,698)
Deferred tax liability								(231,729)
Total net identified assets acquired								674,475
Goodwill								192,831
Total net identified assets acquired and goodwill								867,306
Non-controlling interest								(158,407)
Total cash or purchase consideration								708,899
Net assets acquired								$ 708,899

Segmental and Geographical In_3

Segmental and Geographical Information - Additional Information (Details)	12 Months Ended
	Dec. 31, 2021USD ($)SegmentCustomer	Dec. 31, 2020USD ($)Customer		Dec. 31, 2019USD ($)Customer
Disclosure Of Operating Segments [Line Items]
Number of reportable operating segments | Segment	3
Number of operating segments | Segment	0
Concentration risk, number of customers accounted for more than 10% of revenue | Customer	0	0		0
Percentage of concentration risk	10.00%
Revenue	$ 2,256,608,000	$ 1,673,922,000	[1]	$ 1,021,037,000	[1]
Non-current assets excluding deferred tax assets	1,701,500,000	1,616,315,000
Demand Basis
Disclosure Of Operating Segments [Line Items]
Revenue	2,256,608,000	1,673,922,000		1,021,037,000
Supply Basis
Disclosure Of Operating Segments [Line Items]
Revenue	2,256,608,000	1,673,922,000		1,021,037,000
Cayman Islands
Disclosure Of Operating Segments [Line Items]
Non-current assets excluding deferred tax assets
Cayman Islands | Demand Basis
Disclosure Of Operating Segments [Line Items]
Revenue	81,000	37,000		16,000
Cayman Islands | Supply Basis
Disclosure Of Operating Segments [Line Items]
Revenue
[1]	Refer to Note 2, Significant accounting policies

Segmental and Geographical In_4

Segmental and Geographical Information - Summary of Revenue By Reportable Operating Segments (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Disclosure Of Operating Segments [Line Items]
Revenue		$ 2,256,608	$ 1,673,922	[1]	$ 1,021,037	[1]
Cost of revenue		(1,240,097)	(902,994)	[1]	(561,191)	[1]
Gross profit		1,016,511	770,928	[1]	459,846	[1]
Less: Demand generation expense		(291,821)	(198,787)	[1]	(151,350)	[1]
Order contribution		724,690	572,141	[1]	308,496	[1]
Selling, general and administrative expenses (excluding demand generation expense)	[1]	(1,189,147)	(1,152,696)		(738,071)
Impairment losses on tangible assets		0	(2,991)	[1]	0	[1]
Impairment losses on intangible assets		(11,779)	(36,269)	[1]	0	[1]
Operating loss	[2]	(476,236)	(619,815)	[1]	(429,575)	[1]
Gain/(loss) on items held at fair value and remeasurements		2,023,743	(2,643,573)	[1]	21,721	[1]
Share of results of associates		(52)	(74)	[1]	366	[1]
Finance income		12,599	24,699	[1]	34,382	[1]
Finance costs	[1]	(86,441)	(91,294)		(19,232)
(Loss)/profit before tax	[3]	1,473,613	(3,330,057)	[1],[4]	(392,338)	[1],[4]
Digital Platform
Disclosure Of Operating Segments [Line Items]
Revenue		1,718,182	1,246,384		829,206
Cost of revenue		(987,929)	(686,178)		(457,293)
Gross profit		730,253	560,206		371,913
Less: Demand generation expense		(291,821)	(198,787)		(151,350)
Order contribution		438,432	361,419		220,563
Digital Platform | Third-party Revenue
Disclosure Of Operating Segments [Line Items]
Revenue		845,941	637,568		496,040
Digital Platform | Platform Services Revenue
Disclosure Of Operating Segments [Line Items]
Revenue		1,385,678	1,033,156		701,246
Digital Platform | First-party Revenue
Disclosure Of Operating Segments [Line Items]
Revenue		539,737	395,588		205,206
Digital Platform | Platform Fulfillment Revenue
Disclosure Of Operating Segments [Line Items]
Revenue		332,504	213,228		127,960
Brand Platform
Disclosure Of Operating Segments [Line Items]
Revenue		467,505	390,014		164,210
Cost of revenue		(225,989)	(199,208)		(89,203)
Gross profit		241,516	190,806		75,007
In-Stores
Disclosure Of Operating Segments [Line Items]
Revenue		70,921	37,524		27,621
Cost of revenue		(26,179)	(17,608)		(14,695)
Gross profit		$ 44,742	$ 19,916		$ 12,926
[1]	Refer to Note 2, Significant accounting policies
[2]	( 1 ) Significant accounting policies , for detail on the revision of prior year comparatives .
[3]	Refer to Note 2, Significant accounting policies .
[4]	Previously reported comparatives for the years ended December 31, 2020 and 2019 have been re-presented for comparability with condensed disclosure for the year ended December 31, 2021.

Segmental and Geographical In_5

Segmental and Geographical Information - Summary of Revenue from External Consumers and Segment Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Disclosure Of Operating Segments [Line Items]
Revenue from external consumers	$ 2,256,608	$ 1,673,922	[1]	$ 1,021,037	[1]
Non-current assets excluding deferred tax assets	1,701,500	1,616,315
Demand Basis
Disclosure Of Operating Segments [Line Items]
Revenue from external consumers	2,256,608	1,673,922		1,021,037
Supply Basis
Disclosure Of Operating Segments [Line Items]
Revenue from external consumers	2,256,608	1,673,922		1,021,037
United States
Disclosure Of Operating Segments [Line Items]
Non-current assets excluding deferred tax assets	249,529	225,137
United States | Demand Basis
Disclosure Of Operating Segments [Line Items]
Revenue from external consumers	475,684	314,596		210,482
United Kingdom
Disclosure Of Operating Segments [Line Items]
Non-current assets excluding deferred tax assets	372,889	338,015
United Kingdom | Demand Basis
Disclosure Of Operating Segments [Line Items]
Revenue from external consumers	221,264	151,875		78,628
United Kingdom | Supply Basis
Disclosure Of Operating Segments [Line Items]
Revenue from external consumers	1,363,167	1,021,240		728,321
Italy
Disclosure Of Operating Segments [Line Items]
Non-current assets excluding deferred tax assets	917,646	915,553
Italy | Supply Basis
Disclosure Of Operating Segments [Line Items]
Revenue from external consumers	624,585	485,882		180,988
Other Countries
Disclosure Of Operating Segments [Line Items]
Non-current assets excluding deferred tax assets	161,436	137,610
Other Countries | Demand Basis
Disclosure Of Operating Segments [Line Items]
Revenue from external consumers	1,559,660	1,207,451		731,927
Other Countries | Supply Basis
Disclosure Of Operating Segments [Line Items]
Revenue from external consumers	$ 268,856	$ 166,800		$ 111,728
[1]	Refer to Note 2, Significant accounting policies

Employees and Directors - Sched

Employees and Directors - Schedule of Employees and Directors Expenses (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Directors And Employees [Abstract]
Wages and salaries		$ 344,587	$ 307,527	$ 206,092	[1]
Social security costs		56,277	42,972	36,314	[1]
Other pension costs		6,393	4,161	2,569	[1]
Share-based payments (equity-settled)	[1]	219,933	168,347	170,145
Share-based payments (cash-settled)		(9,265)	28,041	10,675	[1]
Share-based payments (employment related taxes)		(14,501)	95,245	(2,586)	[1]
Total employees and directors expenses		$ 603,424	$ 646,293	$ 423,209	[1]
[1]	Refer to Note 2, Significant accounting policies

Selling, General and Administ_3

Selling, General and Administrative Expenses - Summary of Selling General and Administrative Expenses (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Selling General And Administrative Expense [Abstract]
Demand generation expenses		$ 291,821	$ 198,787	$ 151,350
Technology expenses		131,408	115,227	84,207
Depreciation and amortization		251,198	217,223	113,591
Share-based payments	[1]	196,167	291,633	178,234
General and administrative		591,644	504,346	345,665
Other items		18,730	24,267	16,374
Selling, general and administrative expenses	[2]	$ 1,480,968	$ 1,351,483	$ 889,421
[1]	Refer to Note 2, Significant accounting policies .
[2]	Refer to Note 2, Significant accounting policies

Items Held at Fair Value and _3

Items Held at Fair Value and Remeasurements - Summary of Gain/(Loss) on Items Held at Fair Value and Remeasurements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Gains Losses On Change In Fair Value Of Derivatives [Abstract]
Change on remeasurement of put and call option and contingent consideration liabilities	$ 384,122	$ (288,853)		$ 43,247
Change in fair value of convertible note embedded derivatives	1,638,837	(2,354,720)
Change in fair value of acquisition related consideration				(21,526)
Fair value remeasurement of previously held equity interest	784
Gains/(losses) on items held at fair value and remeasurements	$ 2,023,743	$ (2,643,573)	[1]	$ 21,721	[1]
[1]	Refer to Note 2, Significant accounting policies

Items Held at Fair Value and _4

Items Held at Fair Value and Remeasurements - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Chalhoub
Change On Remeasurment Of Put And Call Option And Contingent Consideration Liabilities [Line Items]
Gain (loss) on remeasurement of put and call option liabilities	$ 156.1	$ (287.9)	$ 44.8
Alibaba and Richemont
Change On Remeasurment Of Put And Call Option And Contingent Consideration Liabilities [Line Items]
Gain (loss) on remeasurement of put and call option liabilities	246.1
Palm Angels
Change On Remeasurment Of Put And Call Option And Contingent Consideration Liabilities [Line Items]
Gain (loss) on remeasurement of put and call option liabilities	$ (11.3)
Percentage of asset acquisition	60.00%
Percentage of share capital, that does not own	40.00%
Gain (loss) on remeasurement of contingent consideration	$ (2.8)
Alanui S R L
Change On Remeasurment Of Put And Call Option And Contingent Consideration Liabilities [Line Items]
Gain (loss) on remeasurement of put and call option liabilities	$ (3.9)

Items Held at Fair Value and _5

Items Held at Fair Value and Remeasurements - Additional Information1 (Details) - USD ($) $ in Thousands	Feb. 05, 2020	Dec. 31, 2021	Dec. 31, 2020	Nov. 17, 2020	Apr. 30, 2020
Change In Fair Value Of Convertible Note Embedded Derivatives [Line Items]
Gain (loss) on remeasurement of embedded derivatives.		$ 78,500
Secured borrowings			$ 617,789
February 2020 Notes
Change In Fair Value Of Convertible Note Embedded Derivatives [Line Items]
Gain (loss) on remeasurement of embedded derivatives.		484,500	(978,300)
Convertible senior notes issued	$ 250,000	250,000	250,000
April 2020 Notes
Change In Fair Value Of Convertible Note Embedded Derivatives [Line Items]
Gain (loss) on remeasurement of embedded derivatives.		724,700	(1,104,000)
Secured borrowings		400,000	400,000		$ 400,000
Alibaba Group and Richemont of Convertible Notes | November 2020 Notes
Change In Fair Value Of Convertible Note Embedded Derivatives [Line Items]
Gain (loss) on remeasurement of embedded derivatives.		429,600	(272,400)
Secured borrowings		$ 600,000	$ 600,000	$ 600,000

Items Held at Fair Value and _6

Items Held at Fair Value and Remeasurements - Additional Information2 (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Aug. 06, 2021	May 17, 2021	Dec. 31, 2020	Feb. 05, 2020
Disclosure Of Conversion Of February2020 Notes [Line Items]
Secured borrowings				$ 617,789
Conversion of February 2020 Notes | Private Investors
Disclosure Of Conversion Of February2020 Notes [Line Items]
Secured borrowings					$ 250,000
Convertible senior notes conversion amount	$ 75,000	$ 85,900	$ 39,100
Total convertible senior notes	$ 125,000	125,000	$ 125,000
Equated percentage of overall convertible notes holding	60.00%		31.00%
Fair value of convertible senior notes converted.	$ 152,800	241,600	$ 90,600
Gain on revaluation of convertible notes converted	$ 6,700	$ 30,100	$ 41,700

Finance income and costs - Summ

Finance income and costs - Summary of Finance Income and Finance Costs (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Net Finance Cost [Abstract]
Unrealized exchange gains		$ 9,289	$ 19,729		$ 22,856
Interest on cash and cash equivalents		3,310	4,970		11,526
Finance income		12,599	24,699	[1]	34,382	[1]
Unrealized exchange losses		(9,135)	(39,940)		(10,977)
Interest on leases		(9,137)	(6,684)		(3,472)
Convertible note interest	[2]	(67,638)	(41,851)
Other interest expense		(531)	(2,819)		(4,783)
Finance costs	[1]	(86,441)	(91,294)		(19,232)
Net finance income/(costs)		$ (73,842)	$ (66,595)		$ 15,150
[1]	Refer to Note 2, Significant accounting policies
[2]	Refer to Note 2, Significant accounting policies .

Material gain or loss - Summary

Material gain or loss - Summary of Material Gain or Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Profit Loss [Line Items]
Research and development costs expensed	$ (13,599)	$ (22,484)		$ (15,777)
Amortization - Intangible assets	(201,634)	(177,857)		(85,055)
Depreciation - Property, plant and equipment	(15,533)	(12,094)		(8,972)
Depreciation - Right-of-use assets	(34,031)	(27,272)		(19,564)
Impairment losses on intangible assets	(11,779)	(36,269)	[1]	0	[1]
Impairment losses on right-of-use assets		(2,234)
Transaction related legal and advisory expenses	(18,596)	(24,598)		(15,374)
(Losses)/gains on items at present value remeasurements	384,122	288,853		(43,247)
Gains related to conversion of convertible notes	78,467
Gain/(loss) on items held at fair value and remeasurements	2,023,743	(2,643,573)	[1]	21,721	[1]
Change in fair value of acquisition related consideration				$ (21,526)
Convertible Notes
Profit Loss [Line Items]
Gain/(loss) on items held at fair value and remeasurements	$ 1,560,370	$ (2,354,720)
[1]	Refer to Note 2, Significant accounting policies

Taxation - Income Tax Expense_(

Taxation - Income Tax Expense/(Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Current tax:
Corporate tax	$ 33,105	$ 32,430		$ 15,676
Prior year adjustments	3,567	(96)		(1,652)
Total current tax	36,672	32,334		14,024
Total deferred tax benefit, net	(33,670)	(46,768)		(12,862)
Income tax expense/(benefit)	$ 3,002	$ (14,434)	[1],[2],[3]	$ 1,162	[1],[2],[3]
[1]	Previously reported comparatives for the years ended December 31, 2020 and 2019 have been re-presented for comparability with condensed disclosure for the year ended December 31, 2021.
[2]	Refer to Note 2, Significant accounting policies
[3]	Refer to Note 2, Significant accounting policies .

Taxation - Reconciliation of Ef

Taxation - Reconciliation of Effective Tax Rate (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	[2]	Dec. 31, 2019	[2]
Major Components Of Tax Expense Income [Abstract]
(Loss)/profit before tax	[1]	$ 1,473,613	$ (3,330,057)	[3]	$ (392,338)	[3]
Tax at the UK tax rate of 19.00% (2020: 19.00%, 2019:19.00%)		279,986	(632,711)	[1]	(74,544)	[1]
Tax effects of:
Sundry non-taxable income		(45,567)	(9,555)	[1]	(4,414)	[1]
Sundry non-taxable expense		20,493	22,262	[1]	6,338	[1]
Non-taxable items evaluated at fair value		(311,379)	548,524	[1]
Taxes paid overseas and rate difference		(6,260)	5,816	[1]	3,853	[1]
Adjustments in respect of change in tax rates		(937)
Adjustments in respect of prior year		3,567	(96)	[1]	(1,652)	[1]
Unrecognized deferred tax assets		63,099	51,326	[1]	71,581	[1]
Income tax expense/(benefit)		$ 3,002	$ (14,434)	[1],[3]	$ 1,162	[1],[3]
[1]	Refer to Note 2, Significant accounting policies .
[2]	Previously reported comparatives for the years ended December 31, 2020 and 2019 have been re-presented for comparability with condensed disclosure for the year ended December 31, 2021.
[3]	Refer to Note 2, Significant accounting policies

Taxation - Reconciliation of _2

Taxation - Reconciliation of Effective Tax Rate (Parenthetical) (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Major Components Of Tax Expense Income [Abstract]
UK tax rate	19.00%	19.00%	19.00%

Taxation - Additional Informati

Taxation - Additional Information (Details) - USD ($) $ in Thousands		Mar. 03, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Line Items]
Share-based payments	[1]		$ 196,167	$ 291,633	$ 178,234
UK Corporation tax rate			19.00%	19.00%	19.00%
Tax presented within other comprehensive (loss) income
Changes in Tax Rate Announced in Budget
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Line Items]
UK Corporation tax rate		25.00%
Tax Year 2020
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Line Items]
UK Corporation tax rate			19.00%
Increase (decrease) due to corrections of prior period errors [member]
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Line Items]
Interest expense				$ 17,400
Share-based payments					$ 19,800
[1]	Refer to Note 2, Significant accounting policies .

Loss Per Share - Summary of Bas

Loss Per Share - Summary of Basic (Loss)/Earnings Per Share and Diluted Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	[1]	Dec. 31, 2019
(Loss)/profit after tax attributable to equity holders of the parent:
Used in calculating basic (loss)/earnings per share	$ 1,466,487	$ (3,333,171)		$ (405,109)
Convertible note interest	67,638
Gain on items held at fair value and remeasurements	(2,041,013)
Loss after tax attributable to equity holders of the parent used in calculating diluted loss per share	$ (506,888)	$ (3,333,171)		$ (405,109)
Weighted average number of basic shares	364,696,712	343,829,481	[2]	318,843,239	[2]
Weighted average number of dilutive shares	472,357,995	343,829,481	[2]	318,843,239	[2]
Basic	$ 4.02	$ (9.69)	[2]	$ (1.27)	[2]
Diluted	$ (1.07)	$ (9.69)	[2]	$ (1.27)	[2]
Options
(Loss)/profit after tax attributable to equity holders of the parent:
Weighted average number of dilutive shares	20,257,787
Restricted Stock Units (RSUs)
(Loss)/profit after tax attributable to equity holders of the parent:
Weighted average number of dilutive shares	8,014,788
Other Awards
(Loss)/profit after tax attributable to equity holders of the parent:
Weighted average number of dilutive shares	1,200,105
Acquisition Related Deferred Shares
(Loss)/profit after tax attributable to equity holders of the parent:
Weighted average number of dilutive shares	180,369
February 2020 Notes
(Loss)/profit after tax attributable to equity holders of the parent:
Weighted average number of dilutive shares	14,216,896
May 2020 Notes
(Loss)/profit after tax attributable to equity holders of the parent:
Weighted average number of dilutive shares	24,794,680
November 2020 Notes
(Loss)/profit after tax attributable to equity holders of the parent:
Weighted average number of dilutive shares	18,583,620
Chalhoub
(Loss)/profit after tax attributable to equity holders of the parent:
Weighted average number of dilutive shares	3,984,014
Farfetch China Holdings Ltd
(Loss)/profit after tax attributable to equity holders of the parent:
Weighted average number of dilutive shares	16,429,024
[1]	Refer to Note 2, Significant accounting policies .
[2]	Refer to Note 2, Significant accounting policies

Loss Per Share - Summary of Pot

Loss Per Share - Summary of Potential Ordinary Shares Excluded from Diluted Earnings Per Share Calculations (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Convertible Notes
Earnings Per Share [Line Items]
Potential dilutive securities that are not included in the diluted per share calculations		63,758
Employee Options & RSU's
Earnings Per Share [Line Items]
Potential dilutive securities that are not included in the diluted per share calculations	1,114	40,890	9,105
Contingent Consideration
Earnings Per Share [Line Items]
Potential dilutive securities that are not included in the diluted per share calculations	136
Put Call options
Earnings Per Share [Line Items]
Potential dilutive securities that are not included in the diluted per share calculations	3,786

Inventories - Summary of Invent

Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Classes Of Inventories [Abstract]
Finished goods	$ 278,345	$ 167,225
Obsolete stock provision	(22,681)	(21,916)
Total inventories	$ 255,664	$ 145,309	[1]
[1]	Refer to Note 2, Significant accounting policies .

Inventories - Additional Inform

Inventories - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Classes Of Inventories [Abstract]
Cost of inventories recognised as expense	$ 516.2	$ 411.7	$ 232.6
Provision for inventory write down	$ 22.7	$ 21.9

Trade and Other Receivables - S

Trade and Other Receivables - Summary of Trade and Other Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Non-current
Other receivables	$ 31,225	$ 58,081	[1]
Non-current other receivables	31,225	58,081
Current
Trade receivables	63,046	49,833
Other current receivables	179,964	123,492
Sales taxes	117,234	26,642
Allowance for expected credit losses	(5,208)	(4,062)
Prepayments and accrued income	19,670	14,041
Current trade and other receivables	$ 374,706	$ 209,946
[1]	Refer to Note 2, Significant accounting policies .

Trade and Other Receivables - A

Trade and Other Receivables - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Trade And Other Receivables [Abstract]
Restricted cash	$ 2,300,000
Expected credit losses	$ 900,000	$ 4,300,000

Intangible Assets - Summary of

Intangible Assets - Summary of Intangible Assets (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Intangible Assets [Line Items]
Beginning balance	[1]	$ 1,279,328
Impairment for year		11,800	$ 36,300
Ending balance		1,359,657	1,279,328	[1]
Cost
Disclosure Of Intangible Assets [Line Items]
Beginning balance		1,605,220	1,476,327
Additions		250,217	103,282
Additions acquired through business combinations		45,876	20,300
Disposals		(14)
Foreign exchange movements		(3,532)	5,311
Ending balance		1,897,767	1,605,220
Accumulated Amortization and Impairment
Disclosure Of Intangible Assets [Line Items]
Beginning balance		(325,892)	(113,360)
Amortization for year		(201,634)	(177,857)
Impairment for year		(11,779)	(36,269)
Disposals		(27)
Foreign exchange movements		1,222	1,594
Ending balance		(538,110)	(325,892)
Goodwill
Disclosure Of Intangible Assets [Line Items]
Beginning balance		356,521
Ending balance		382,285	356,521
Goodwill | Cost
Disclosure Of Intangible Assets [Line Items]
Beginning balance		356,521	341,067
Additions acquired through business combinations		27,006	15,474
Foreign exchange movements		(1,242)	(20)
Ending balance		382,285	356,521
Brand, Trademarks & Domain Names
Disclosure Of Intangible Assets [Line Items]
Beginning balance		771,393
Ending balance		764,461	771,393
Brand, Trademarks & Domain Names | Cost
Disclosure Of Intangible Assets [Line Items]
Beginning balance		988,408	965,317
Additions		131,161	14,000
Additions acquired through business combinations		7,279	4,826
Disposals		(3)
Foreign exchange movements		(2,116)	4,265
Ending balance		1,124,729	988,408
Brand, Trademarks & Domain Names | Accumulated Amortization and Impairment
Disclosure Of Intangible Assets [Line Items]
Beginning balance		(217,015)	(57,014)
Amortization for year		(132,592)	(125,325)
Impairment for year		(11,779)	(36,269)
Disposals		3
Foreign exchange movements		1,115	1,593
Ending balance		(360,268)	(217,015)
Customer Relationships
Disclosure Of Intangible Assets [Line Items]
Beginning balance		3,234
Ending balance		4,754	3,234
Customer Relationships | Cost
Disclosure Of Intangible Assets [Line Items]
Beginning balance		6,860	6,010
Additions		395
Additions acquired through business combinations		1,692
Foreign exchange movements		(52)	850
Ending balance		8,895	6,860
Customer Relationships | Accumulated Amortization and Impairment
Disclosure Of Intangible Assets [Line Items]
Beginning balance		(3,626)	(1,786)
Amortization for year		(451)	(34)
Foreign exchange movements		(64)	(1,806)
Ending balance		(4,141)	(3,626)
Development Costs
Disclosure Of Intangible Assets [Line Items]
Beginning balance		148,180
Ending balance		208,157	148,180
Development Costs | Cost
Disclosure Of Intangible Assets [Line Items]
Beginning balance		253,431	163,933
Additions		118,661	89,282
Additions acquired through business combinations		9,899
Disposals		(11)
Foreign exchange movements		(122)	216
Ending balance		381,858	253,431
Development Costs | Accumulated Amortization and Impairment
Disclosure Of Intangible Assets [Line Items]
Beginning balance		(105,251)	(54,560)
Amortization for year		(68,591)	(52,498)
Disposals		(30)
Foreign exchange movements		171	1,807
Ending balance		$ (173,701)	$ (105,251)
[1]	Refer to Note 2, Significant accounting policies .

Intangible Assets - Additional

Intangible Assets - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Feb. 05, 2020
Disclosure Of Intangible Assets [Line Items]
Intangible assets, net carrying amount	$ 1,359,657	$ 1,279,328	[1]
Impairment charge	11,800	36,300
Goodwill	$ 382,285	$ 356,521
Growth rate used to extrapolate cash flow projections	2.00%	2.00%
Projected cash flows forecast period	3 years
Bottom of Range
Disclosure Of Intangible Assets [Line Items]
Pre-tax discount rates	8.90%	9.60%
Projected cash flows forecast period		5 years
Projected cash flows forecast extended period	5 years
Top of Range
Disclosure Of Intangible Assets [Line Items]
Pre-tax discount rates	10.90%	11.20%
Projected cash flows forecast period		8 years
Projected cash flows forecast extended period	8 years
Brand Platform New Guards
Disclosure Of Intangible Assets [Line Items]
Goodwill	$ 181,381	$ 181,381
Marketplace
Disclosure Of Intangible Assets [Line Items]
Goodwill	176,776	153,086
New Guards | Marketplace
Disclosure Of Intangible Assets [Line Items]
Goodwill	17,700
Ambush Inc.
Disclosure Of Intangible Assets [Line Items]
Goodwill				$ 10,674
Ambush Inc. | Brand Platform New Guards
Disclosure Of Intangible Assets [Line Items]
Goodwill	6,300
Ambush Inc. | Marketplace
Disclosure Of Intangible Assets [Line Items]
Goodwill	4,400
Brand, Trademarks & Domain Names
Disclosure Of Intangible Assets [Line Items]
Development costs of assets	$ 37,800	36,600
Brand, Trademarks & Domain Names | Bottom of Range
Disclosure Of Intangible Assets [Line Items]
Estimated useful lives of intangible assets	5 years
Brand, Trademarks & Domain Names | Top of Range
Disclosure Of Intangible Assets [Line Items]
Estimated useful lives of intangible assets	16 years
Brand, Trademarks & Domain Names | Off-White
Disclosure Of Intangible Assets [Line Items]
Intangible assets, net carrying amount	$ 415,100
Estimated useful lives of intangible assets	4 years
Brand, Trademarks & Domain Names | Stadium Goods
Disclosure Of Intangible Assets [Line Items]
Intangible assets, net carrying amount	$ 93,800
Estimated useful lives of intangible assets	12 years
Brand, Trademarks & Domain Names | Marcelo Burlon County of Milan
Disclosure Of Intangible Assets [Line Items]
Intangible assets, net carrying amount	$ 59,300
Estimated useful lives of intangible assets	13 years 7 months 6 days
Brand, Trademarks & Domain Names | Palm Angels
Disclosure Of Intangible Assets [Line Items]
Intangible assets, net carrying amount	$ 125,300
Estimated useful lives of intangible assets	9 years 7 months 6 days
Brand, Trademarks & Domain Names | Palm Angels
Disclosure Of Intangible Assets [Line Items]
Intangible assets, net carrying amount	$ 25,600
Estimated useful lives of intangible assets	4 years 7 months 6 days
Brand, Trademarks & Domain Names | Heron Preston
Disclosure Of Intangible Assets [Line Items]
Intangible assets, net carrying amount	$ 21,300
Estimated useful lives of intangible assets	5 years 7 months 6 days
Brand, Trademarks & Domain Names | Ambush Inc.
Disclosure Of Intangible Assets [Line Items]
Intangible assets, net carrying amount	$ 4,100
Estimated useful lives of intangible assets	8 years 3 months 18 days
New Guards Brand Portfolio
Disclosure Of Intangible Assets [Line Items]
Impairment charge		30,500
Direct Consumer-facing Channels and Farfetch Level 1 Access Button
Disclosure Of Intangible Assets [Line Items]
Impairment charge		$ 5,800
[1]	Refer to Note 2, Significant accounting policies .

Intangible Assets - Summary o_2

Intangible Assets - Summary of Goodwill by Cash Generating Unit (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Apr. 03, 2019
Intangible Assets Other Than Goodwill [Abstract]
Goodwill	$ 382,285	$ 356,521
Marketplace (FF.com)
Intangible Assets Other Than Goodwill [Abstract]
Goodwill	176,776	153,086
Browns - Platform
Intangible Assets Other Than Goodwill [Abstract]
Goodwill	19,015	19,015
Curiosity China
Intangible Assets Other Than Goodwill [Abstract]
Goodwill	3,039	3,039	$ 3,039
Brand Platform New Guards
Intangible Assets Other Than Goodwill [Abstract]
Goodwill	181,381	$ 181,381
Farfetch Platform Solutions
Intangible Assets Other Than Goodwill [Abstract]
Goodwill	$ 2,074

Intangible Assets - Summary o_3

Intangible Assets - Summary of Key Assumptions of Change to Recoverable Amount of Each Cash Generating Unit (Details)	Dec. 31, 2021
Marketplace (FF.com)
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items]
Budgeted annual revenue growth (change in pp)	(5.40%)
Post-tax discount rate (change in pp)	1.40%
Long term growth rate (change in pp)	(1.40%)
Browns - Platform
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items]
Budgeted annual revenue growth (change in pp)	(3.30%)
Post-tax discount rate (change in pp)	1.20%
Budgeted gross profit margin (change in pp)	(0.50%)
Long term growth rate (change in pp)	(3.60%)
Curiosity China
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items]
Budgeted annual revenue growth (change in pp)	(0.70%)
Post-tax discount rate (change in pp)	0.20%
Long term growth rate (change in pp)	(0.30%)
Brand Platform New Guards
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items]
Budgeted annual revenue growth (change in pp)	(13.60%)
Post-tax discount rate (change in pp)	3.80%
Long term growth rate (change in pp)	(3.70%)

Property, Plant and Equipment -

Property, Plant and Equipment - Summary of Property, Plant and Equipment (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance	[1]	$ 89,082
Depreciation for year		(15,533)	$ (12,094)		$ (8,972)
Ending balance		97,063	89,082	[1]
Cost
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		126,299	91,058
Additions		28,434	27,066
Additions acquired through business combinations		208	1,365
Disposals		(5,301)	(292)
Transfers		7	(194)
Foreign exchange movements		(6,764)	7,296
Ending balance		142,883	126,299		91,058
Accumulated Amortization and Impairment
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		(37,217)	(23,059)
Depreciation for year		(15,533)	(12,094)
Impairment for year			(757)
Disposals		5,101	272
Transfers			212
Foreign exchange movements		1,829	(1,791)
Ending balance		(45,820)	(37,217)		(23,059)
Freehold Land
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		19,569
Ending balance		18,024	19,569
Freehold Land | Cost
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		19,569	17,818
Foreign exchange movements		(1,545)	1,751
Ending balance		18,024	19,569		17,818
Leasehold Improvements
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		48,421
Ending balance		49,637	48,421
Leasehold Improvements | Cost
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		65,448	43,135
Additions		12,264	18,039
Additions acquired through business combinations		6	1,052
Disposals		(3,219)
Transfers		(2,383)	(174)
Foreign exchange movements		(2,851)	3,396
Ending balance		69,265	65,448		43,135
Leasehold Improvements | Accumulated Amortization and Impairment
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		(17,027)	(10,517)
Depreciation for year		(6,615)	(5,175)
Impairment for year			(620)
Disposals		3,095
Transfers			77
Foreign exchange movements		919	(792)
Ending balance		(19,628)	(17,027)		(10,517)
Fixtures and Fittings
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		11,494
Ending balance		15,239	11,494
Fixtures and Fittings | Cost
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		19,195	12,968
Additions		8,167	4,799
Additions acquired through business combinations		43
Disposals		(1,045)	(80)
Transfers		85	513
Foreign exchange movements		(1,370)	995
Ending balance		25,075	19,195		12,968
Fixtures and Fittings | Accumulated Amortization and Impairment
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		(7,701)	(4,660)
Depreciation for year		(3,589)	(2,605)
Impairment for year			(135)
Disposals		1,008	83
Transfers			(14)
Foreign exchange movements		446	(369)
Ending balance		(9,836)	(7,701)		(4,660)
Motor Vehicles
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		71
Ending balance		150	71
Motor Vehicles | Cost
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		201	193
Additions		108
Foreign exchange movements		(7)	8
Ending balance		302	201		193
Motor Vehicles | Accumulated Amortization and Impairment
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		(130)	(100)
Depreciation for year		(29)	(22)
Foreign exchange movements		7	(8)
Ending balance		(152)	(130)		(100)
Plant Machinery and Equipment
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		9,527
Ending balance		14,013	9,527
Plant Machinery and Equipment | Cost
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		21,886	16,944
Additions		7,895	4,228
Additions acquired through business combinations		159	313
Disposals		(1,037)	(212)
Transfers		2,305	(533)
Foreign exchange movements		(991)	1,146
Ending balance		30,217	21,886		16,944
Plant Machinery and Equipment | Accumulated Amortization and Impairment
Disclosure Of Property Plant And Equipment [Line Items]
Beginning balance		(12,359)	(7,782)
Depreciation for year		(5,300)	(4,293)
Impairment for year			(2)
Disposals		998	189
Transfers			150
Foreign exchange movements		457	(621)
Ending balance		$ (16,204)	$ (12,359)		$ (7,782)
[1]	Refer to Note 2, Significant accounting policies .

Property, Plant and Equipment_2

Property, Plant and Equipment - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Impairment of Assets Due to COVID-19
Disclosure Of Property Plant And Equipment [Line Items]
Impairment losses on property, plant and equipment	$ 0	$ 800,000
Leasehold Improvements
Disclosure Of Property Plant And Equipment [Line Items]
Construction in progress	$ 9,200,000	$ 1,700,000

Right-of-use Assets and Lease_3

Right-of-use Assets and Lease Liabilities - Additional Information (Details)	12 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)Retail	Dec. 31, 2019USD ($)
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Impairment charge		$ 2,234,000
Principal elements of lease payments	$ 26,251,000	19,051,000	$ 19,127,000
Charges recognized in relation to short-term and low value leases	6,700,000	$ 6,400,000
Right of Use Assets
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Impairment charge	$ 0
Right of Use Assets | In-Stores
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Number of smaller retail locations | Retail		1
Right of Use Assets | Reduction in Carrying Value
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Impairment charge		$ 2,200,000
Right of Use Assets | Reduction in Carrying Value | In-Stores
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Impairment charge		1,500,000
Right of Use Assets | Reduction in Carrying Value | Brand Platform
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Impairment charge		$ 700,000
Bottom of Range
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Lease contracts term	3 years
Top of Range
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Lease contracts term	12 years

Right-of-use Assets and Lease_4

Right-of-use Assets and Lease Liabilities - Summary of Right-of-Use Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Beginning balance	$ 179,227	[1]	$ 115,176
Additions	43,231		90,402
Remeasurements	15,243		5
Depreciation charge for the year	(34,031)		(27,272)		$ (19,564)
Impairment charge for the year			(2,234)
Foreign exchange	(8,121)		3,150
Ending balance	195,549		179,227	[1]	115,176
Property, plant and equipment [member]
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Beginning balance	178,738		114,618
Additions	42,931		90,240
Remeasurements	15,242		13
Depreciation charge for the year	(33,727)		(27,048)
Impairment charge for the year			(2,234)
Foreign exchange	(8,095)		3,149
Ending balance	195,089		178,738		114,618
Vehicles
Disclosure Of Quantitative Information About Rightofuse Assets [Line Items]
Beginning balance	489		558
Additions	300		162
Remeasurements	1		(8)
Depreciation charge for the year	(304)		(224)
Foreign exchange	(26)		1
Ending balance	$ 460		$ 489		$ 558
[1]	Refer to Note 2, Significant accounting policies .

Right-of-use Assets and Lease_5

Right-of-use Assets and Lease Liabilities - Summary of Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Quantitative Information About Rightofuse Assets [Abstract]
Current lease liabilities	$ 33,594	$ 26,128	[1]
Non-current lease liabilities	180,915	165,275	[1]
Total lease liabilities	$ 214,509	$ 191,403
[1]	Refer to Note 2, Significant accounting policies .

Investments - Additional Inform

Investments - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	[1]
Disclosure Of Significant Investments In Associates [Line Items]
Investments in associates	$ 69	$ 2,319
Farfetch Finance Limited
Disclosure Of Significant Investments In Associates [Line Items]
Name of associate	Farfetch Finance Limited
The Diem Association
Disclosure Of Significant Investments In Associates [Line Items]
Investments in associates	$ 9,000
Alanui
Disclosure Of Significant Investments In Associates [Line Items]
Name of associate	Alanui
[1]	Refer to Note 2, Significant accounting policies .

Investments - Summary of Invest

Investments - Summary of Investments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Investments - held at fair value through other comprehensive income (FVTOCI)
Disclosure Of Fair Value Of Investments In Equity Instruments Designated As Measured At Fair Value [Line Items]
At January 1	$ 5,278	$ 5,141
Additions	40	372
Impairment	(168)	(235)
At December 31	5,150	5,278
Investments - held at amortized cost
Disclosure Of Fair Value Of Investments In Equity Instruments Designated As Measured At Fair Value [Line Items]
At January 1		10,588
Acquisition of intangible asset		(10,588)
Investments - held at fair value through profit or loss (FVTPL)
Disclosure Of Fair Value Of Investments In Equity Instruments Designated As Measured At Fair Value [Line Items]
At January 1	3,000	500
Additions	9,787	2,500
At December 31	$ 12,787	$ 3,000

Investments - Summary of Group'

Investments - Summary of Group's Shareholdings in Associates Entities and Principal Activities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Disclosure Of Significant Investments In Associates [Line Items]
Share of loss after tax	$ (52)	$ (74)	[1]	$ 366	[1]
Associates [member]
Disclosure Of Significant Investments In Associates [Line Items]
Beginning balance	2,319	2,466
Dividends received from associate		(60)
Step acquisition	(2,198)
Share of loss after tax	(52)	(74)
Foreign exchange		(13)
Ending balance	$ 69	$ 2,319		$ 2,466
[1]	Refer to Note 2, Significant accounting policies

Cash and Cash Equivalents - Sum

Cash and Cash Equivalents - Summary of Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018
Cash And Cash Equivalents [Abstract]
Cash held in banks	$ 141,130	$ 173,206
Money market funds	810,453	1,011,330
Short-term deposits	353,539	333,353
Amounts held by payment service providers	58,006	55,532
Cash and cash equivalents	$ 1,363,128	$ 1,573,421	[1]	$ 322,429	$ 1,044,786
[1]	Refer to Note 2, Significant accounting policies .

Summary of Short-term Investmen

Summary of Short-term Investments (Details) $ in Thousands	Dec. 31, 2021USD ($)
Short Term Investment [Abstract]
Short-term investments	$ 99,971

Trade and Other Payables - Summ

Trade and Other Payables - Summary of Trade and Other Payable (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Trade And Other Payables [Abstract]
Trade payables	$ 342,938	$ 277,827
Other payables	22,208	16,642
Social security and other taxes	69,053	76,820
Deferred revenue	60,486	30,957
Accruals	311,721	263,898
Trade and other payables	$ 806,406	$ 666,144	[1]
[1]	Refer to Note 2, Significant accounting policies .

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($)	Oct. 01, 2021	Aug. 06, 2021	May 17, 2021	Nov. 17, 2020	Apr. 30, 2020	Feb. 05, 2020	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Detailed Information About Borrowings [Line Items]
Principal amount								$ 617,789,000
Proceeds from issue of notes								1,240,400,000
Debt issuance costs								9,600,000
Carrying value of noncurrent borrowings							$ 515,804,000	617,789,000	[1]
Derivative financial liabilities							21,118,000	17,427,000
Fair value gain (loss) on remeasurement							$ 1,638,800,000	$ (2,354,700,000)
Decrease in fair value of conversion options							$ 33.43	$ 63.81
February 2020 Notes
Disclosure Of Detailed Information About Borrowings [Line Items]
Number of shares issued on conversion	6,122,250	7,013,405	3,190,345
Principal amount of conversion of notes	$ 75,000,000	$ 85,900,000	$ 39,100,000
Gain or loss on recognized on conversion of shares	0	0	0
Carrying value of noncurrent borrowings	55,200,000	63,100,000	28,400,000
Fair value of non-current derivative financial liabilities	152,800,000	241,600,000	90,600,000
Increase to share capital	200,000	300,000	100,000
Increase to share premium	$ 207,700,000	$ 304,400,000	$ 118,900,000
April 2020 Notes
Disclosure Of Detailed Information About Borrowings [Line Items]
Principal amount					$ 400,000,000		$ 400,000,000	$ 400,000,000
Private Placement of Convertible Notes | February 2020 Notes
Disclosure Of Detailed Information About Borrowings [Line Items]
Principal amount						$ 250,000,000
Interest rate of notes						5.00%
Maturity date of notes						December 31, 2025
Unsecured notes, frequency of payment terms							quarterly
Principal amount of initial conversion of notes						$ 1,000
Notes initially convertible into shares of common stock						81.63
Initial conversion price						$ 12.25
Percentage of premium on repurchase on change of control						50.00%
Notes repurchase description							If a change of control (as defined in the indenture) occurs prior to the applicable maturity date, holders of the February 2020 Notes, as applicable, may require the Group to repurchase all of their notes for cash at a 50% premium and any unpaid interest, or an equity equivalent based on a pre-set make whole calculation based on the prevailing share price at the time.
Redemption price percentage of notes by issuer								165.00%
Notes redemption description							The Group may redeem the February 2020 Notes, in whole, at any time on or after February 5, 2024 at a price equal to 165% of the principal amount of the February 2020 Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the repurchase date.
Derivative financial liabilities						$ 81,900,000
Effective interest rate						13.20%
Private Placement of Convertible Notes | February 2020 Notes | Derivative Financial Liability
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt issuance costs						$ 800,000
Private Placement of Convertible Notes | February 2020 Notes | Debt Issuance Costs Amortized to Finance Costs
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt issuance costs						$ 1,700,000
Private Placement of Convertible Notes | April 2020 Notes
Disclosure Of Detailed Information About Borrowings [Line Items]
Principal amount					$ 400,000,000
Interest rate of notes					3.75%
Maturity date of notes					May 1, 2027
Unsecured notes, frequency of payment terms							bi-annually
Principal amount of initial conversion of notes					$ 1,000
Notes initially convertible into shares of common stock					61.99
Initial conversion price					$ 16.13
Redemption price percentage of notes by issuer					130.00%
Notes redemption description							The Group may redeem the April 2020 Notes, in whole, at any time on or after May 6, 2024, only if the share price is 130% of the note conversion price for thirty consecutive trading days prior, in addition to the principal being subject to “make-whole” conversion rate adjustments. If the Group experiences a fundamental change triggering event (as defined in the Indenture), the Group might be required by the holders of the April 2020 Notes to repurchase their notes at a cash repurchase price equal to the principal amount of the April 2020 Notes to be repurchased, plus accrued and unpaid interest, if any, up to, but excluding, the fundamental change repurchase date.
Derivative financial liabilities					$ 113,500,000
Effective interest rate					9.70%
Private Placement of Convertible Notes | April 2020 Notes | Derivative Financial Liability
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt issuance costs					$ 3,000,000
Private Placement of Convertible Notes | April 2020 Notes | Debt Issuance Costs Amortized to Finance Costs
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt issuance costs					$ 7,600,000
Alibaba Group and Richemont of Convertible Notes | November 2020 Notes
Disclosure Of Detailed Information About Borrowings [Line Items]
Principal amount				$ 600,000,000			$ 600,000,000	$ 600,000,000
Interest rate of notes				0.00%
Maturity date of notes				November 15, 2030
Principal amount of initial conversion of notes				$ 1,000
Notes initially convertible into shares of common stock				30.97
Initial conversion price				$ 32.29
Redemption price percentage of notes by issuer				100.00%
Notes redemption description							Alibaba and Richemont may require the Group to repurchase all or part of their respective November 2020 Notes on June 30, 2026 at a repurchase price equal to 100% of the principal amount of the Notes to be repurchased, plus accrued and unpaid special interest, if any, up to, but excluding, such repurchase date.
Derivative financial liabilities				$ 446,000,000
Effective interest rate				14.90%
Description of terms and conditions of notes redemption							The Group will not be able to redeem the November 2020 Notes prior to November 15, 2023, except in the event of certain tax law changes. On or after November 15, 2023, the Group may redeem, for cash, all or part of the relevant November 2020 Notes if the last reported sale price of its Class A ordinary shares has been at least 130% (or 200%, if over 5% of the relevant November 2020 Notes are held at the time by Alibaba or Richemont) of the conversion price then in effect for at least twenty trading days (whether or not consecutive) during any thirty consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which the Group provides notice of the redemption, at a redemption price equal to 100% of the principal amount of the November 2020 Notes to be redeemed, plus accrued and unpaid special interest, if any, up to, but excluding, the redemption date.
Alibaba Group and Richemont of Convertible Notes | November 2020 Notes | Derivative Financial Liability
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt issuance costs				$ 12,200,000
Alibaba Group and Richemont of Convertible Notes | November 2020 Notes | Debt Issuance Costs Amortized to Finance Costs
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt issuance costs				$ 4,200,000
[1]	Refer to Note 2, Significant accounting policies .

Borrowings - Schedule of Conver

Borrowings - Schedule of Convertible Borrowings Presented in Consolidated Statement of Financial Position (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Financial Liabilities [Line Items]
At January 1			$ 617,789
Interest expense	[1]	$ 67,638	41,851
Total non-current borrowings	[1]	515,804	617,789
Convertible Senior Notes
Disclosure Of Financial Liabilities [Line Items]
At January 1			617,789
Face value of notes issued	[1]		1,250,000
Value of embedded derivatives	[1]		(641,448)
Gross financial liabilities		617,789	608,552	[1]
Transaction costs	[1]		(13,539)
Interest expense		67,638	41,851	[1]
Interest paid		(22,950)	(19,075)	[1]
Conversion of February 2020 Notes		(146,673)
Total non-current borrowings		$ 515,804	$ 617,789	[1]
[1]	Refer to Note 2, Significant accounting policies .

Provisions - Summary of Provisi

Provisions - Summary of Provisions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Current Liabilities
Disclosure Of Other Provisions [Line Items]
Provisions, Beginning balance	$ 27,146
Additional provision in the year	3,786	$ 12,498
Release of provision in the year	(5,011)	(800)
Utilized provision in the year	(13,041)	(1,630)
Transfer from non-current provisions	2,178	17,078
Foreign exchange	(473)
Provisions, Ending balance	14,585	27,146
Non Current Liabilities
Disclosure Of Other Provisions [Line Items]
Provisions, Beginning balance	129,113	23,704
Additional provision in the year	4,260	135,886
Transfer to current provisions	(2,178)	(17,078)
Release of provision in the year	(46,939)	(1,702)
Utilized provision in the year	(23,361)	(11,758)
Foreign exchange	(350)	61
Provisions, Ending balance	60,545	129,113
Dilapidations Provision | Current Liabilities
Disclosure Of Other Provisions [Line Items]
Additional provision in the year	178
Utilized provision in the year	(308)
Transfer from non-current provisions	277
Foreign exchange	(5)
Provisions, Ending balance	142
Dilapidations Provision | Non Current Liabilities
Disclosure Of Other Provisions [Line Items]
Provisions, Beginning balance	5,670	3,352
Additional provision in the year	2,125	3,039
Transfer to current provisions	(277)
Release of provision in the year	(284)	(757)
Utilized provision in the year	(4)
Foreign exchange	(292)	36
Provisions, Ending balance	6,938	5,670
Share Based Payments Employment Taxes Provision
Disclosure Of Other Provisions [Line Items]
Provisions, Beginning balance	127,100
Provisions, Ending balance	56,300	127,100
Share Based Payments Employment Taxes Provision | Current Liabilities
Disclosure Of Other Provisions [Line Items]
Provisions, Beginning balance	12,105
Additional provision in the year	2
Release of provision in the year	(4,427)
Transfer from non-current provisions		12,105
Provisions, Ending balance	7,680	12,105
Share Based Payments Employment Taxes Provision | Non Current Liabilities
Disclosure Of Other Provisions [Line Items]
Provisions, Beginning balance	115,032	7,979
Additional provision in the year	2,135	131,836
Transfer to current provisions		(12,105)
Release of provision in the year	(45,987)	(945)
Utilized provision in the year	(22,516)	(11,758)
Foreign exchange	(60)	25
Provisions, Ending balance	48,604	115,032
Provision for Witholding Taxes | Current Liabilities
Disclosure Of Other Provisions [Line Items]
Provisions, Beginning balance	4,100
Utilized provision in the year	(3,500)
Transfer from non-current provisions	1,901	4,100
Provisions, Ending balance	2,501	4,100
Provision for Witholding Taxes | Non Current Liabilities
Disclosure Of Other Provisions [Line Items]
Provisions, Beginning balance	7,400	11,500
Transfer to current provisions	(1,901)	(4,100)
Release of provision in the year	(500)
Provisions, Ending balance	4,999	7,400
Other Provisions | Current Liabilities
Disclosure Of Other Provisions [Line Items]
Provisions, Beginning balance	10,941
Additional provision in the year	3,606	12,498
Release of provision in the year	(584)	(800)
Utilized provision in the year	(9,233)	(1,630)
Transfer from non-current provisions		873
Foreign exchange	(468)
Provisions, Ending balance	4,262	10,941
Other Provisions | Non Current Liabilities
Disclosure Of Other Provisions [Line Items]
Provisions, Beginning balance	1,011	873
Additional provision in the year		1,011
Transfer to current provisions		(873)
Release of provision in the year	(168)
Utilized provision in the year	(841)
Foreign exchange	2
Provisions, Ending balance	$ 4	$ 1,011

Provisions - Additional Informa

Provisions - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Other Provisions [Line Items]
Cost to restore leasehold property liability	$ 7.1	$ 5.7
Average term leases	8 years
Average remaining length of contracts	5 years
Share Based Payments Employment Taxes Provision
Disclosure Of Other Provisions [Line Items]
Liabilities from share-based payment transactions	$ 56.3	127.1
Transferred from provisions to trade and other payables	$ 22.5	$ 11.8
Provision Fully Utilized
Disclosure Of Other Provisions [Line Items]
Weighted average remaining contracted life of options outstanding	8 years 1 month 9 days	8 years 11 months 8 days

Deferred Tax - Additional Infor

Deferred Tax - Additional Information (Details) $ in Thousands, £ in Millions	Jan. 02, 2018	Dec. 31, 2021USD ($)	Dec. 31, 2021GBP (£)	Dec. 31, 2020USD ($)	Dec. 31, 2018	Dec. 31, 2017	Feb. 05, 2020USD ($)	Dec. 31, 2019USD ($)
Deferred Tax Assets And Liabilities [Line Items]
Deferred tax liability		$ 6,500
Deferred tax release		200
Deferred tax assets relate to inventory write off and exchange difference		12,000		$ 5,700
Deferred tax assets relate to tax incentives credits		1,300		4,100
Accumulated unutilized trading tax losses carried forward		$ 1,487,727		953,117
Description of impact on NOL due to CARES Act		(i) removes the 80% limitation on the use of NOLs enacted by the Tax Cuts and Jobs Act of 2017 (the “TCJA”) with respect to NOLs carried to any taxable year beginning before January 1, 2021, and thus, NOLs (whether carried forward or carried back) can generally be used to offset fully taxable income in these taxable years; and (ii) provides for a carryback of any NOL arising in a taxable year beginning after December 31, 2017 and before January 1, 2021, to each of the five taxable years preceding the taxable year in which the NOL arose	(i) removes the 80% limitation on the use of NOLs enacted by the Tax Cuts and Jobs Act of 2017 (the “TCJA”) with respect to NOLs carried to any taxable year beginning before January 1, 2021, and thus, NOLs (whether carried forward or carried back) can generally be used to offset fully taxable income in these taxable years; and (ii) provides for a carryback of any NOL arising in a taxable year beginning after December 31, 2017 and before January 1, 2021, to each of the five taxable years preceding the taxable year in which the NOL arose
Unrecognized gross deferred tax asset in future tax deduction on share options		$ 872,800		1,638,800
Net deferred tax asset		214,700		319,100
Unrecognized gross deferred tax asset in future tax deductions on goodwill		5,300		5,300
United States
Deferred Tax Assets And Liabilities [Line Items]
Accumulated unutilized trading tax losses carried forward		$ 276,600		$ 195,600
Net operating losses carried forward term				20 years
Net operating losses carried forward expiration date				Dec. 31, 2030
Maximum offset percentage of carry forward operating loss	80.00%
Brazil
Deferred Tax Assets And Liabilities [Line Items]
Trading losses carried forward utilization restriction percentage		30.00%	30.00%
Japan
Deferred Tax Assets And Liabilities [Line Items]
Net operating losses carried forward term					10 years	9 years
Trading losses carried forward utilization restriction percentage		50.00%	50.00%
UK Group profits exceeding ?5.0m | United Kingdom
Deferred Tax Assets And Liabilities [Line Items]
Additional percentage of restricted total profit offset by brought forward losses		50.00%	50.00%
Total profit offset by brought forward losses | £			£ 5
R&D
Deferred Tax Assets And Liabilities [Line Items]
Tax incentives credits carryforward term		10 years	10 years
Fixed Assets Investments
Deferred Tax Assets And Liabilities [Line Items]
Tax incentives credits carryforward term		8 years	8 years
New Guards and Curiosity China
Deferred Tax Assets And Liabilities [Line Items]
Deferred tax liability								$ 232,600
New Guards Brand Portfolio
Deferred Tax Assets And Liabilities [Line Items]
Deferred tax release		$ 84,200
Impairment of intangible assets		32,200
Ambush Inc.
Deferred Tax Assets And Liabilities [Line Items]
Deferred tax liability				$ 1,300			$ 1,311
Deferred tax release		400
Deferred tax release, current period		$ 300

Deferred Tax - Schedule of Defe

Deferred Tax - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020
Deferred tax assets
Beginning balance	$ 13,556	[1]	$ 5,324
Deferred tax released to profit or loss	393		7,682	[2]
Foreign exchange	(913)		614
Reclassifications to balance sheet	298		(64)
Ending balance	13,334		13,556	[1]
Deferred tax liabilities
Beginning balance	182,463	[1]	219,789
Deferred tax released to profit or loss(1)	(33,275)		(39,087)
Foreign exchange			(4)
Reclassifications to balance sheet	672
Deferred tax recognized on acquisitions to balance sheet	6,461		1,765
Ending balance	156,025		$ 182,463	[1]
Foreign exchange	(296)
Deferred tax, net liability	$ 142,691
[1]	Refer to Note 2, Significant accounting policies .
[2]	Previously reported comparatives for the years ended December 31, 2020 and 2019 have been re-presented for comparability with condensed disclosure for the year ended December 31, 2021

Deferred Tax - Summary of Tradi

Deferred Tax - Summary of Trading Losses (Details) ¥ in Thousands, £ in Thousands, R$ in Thousands, $ in Thousands, $ in Thousands	Dec. 31, 2021USD ($)	Dec. 31, 2021GBP (£)	Dec. 31, 2021BRL (R$)	Dec. 31, 2021JPY (¥)	Dec. 31, 2021HKD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2020GBP (£)	Dec. 31, 2020BRL (R$)	Dec. 31, 2020JPY (¥)	Dec. 31, 2020HKD ($)
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Line Items]
Trading losses	$ 1,487,727					$ 953,117
United Kingdom
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Line Items]
Trading losses	1,191,629	£ 882,753				739,879	£ 709,446
United States
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Line Items]
Trading losses	276,649					195,565
Brazil
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Line Items]
Trading losses	13,377		R$ 74570			14,107		R$ 72760
Japan
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Line Items]
Trading losses	4,560			¥ 525,141		2,902			¥ 301,340
Hong Kong
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Line Items]
Trading losses	$ 1,512				$ 11,795	$ 664				$ 5,149

Related party disclosures - Add

Related party disclosures - Additional Information (Details) - USD ($) $ in Millions	Mar. 16, 2021	Mar. 01, 2021	Dec. 31, 2021	Dec. 31, 2020
Platforme International Limited
Disclosure Of Transactions Between Related Parties [Line Items]
Commission generated			$ 0.4	$ 0.6
Purchases			0.1
Receivable from related party			$ 0.2
Payable to related party				0.2
Alanui S R L
Disclosure Of Transactions Between Related Parties [Line Items]
Receivable from related party				0.5
Payable to related party				0.4
Ownership interest	53.00%
Sales to related party		$ 0.2		$ 1.1

Related party disclosures - Sum

Related party disclosures - Summary of Expense Recognized in Consolidated Statement of Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Transactions Between Related Parties [Abstract]
Short-term employee benefits	$ 2,456	$ 1,676
Termination benefits	36	32
Share-based compensation	37,742	26,300
Key management personnel compensation	$ 40,234	$ 28,008

Financial Instruments and Fin_3

Financial Instruments and Financial Risk Management - Summary of Assumptions Used in Measuring Fair Value of Financial Instruments (Details)	Dec. 31, 2021$ / sharesyr	Dec. 31, 2020$ / sharesyr
February 2020 Notes | Closing Share Price
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments	33.43	63.81
February 2020 Notes | Risk Free Rate
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments	1.12	0.36
February 2020 Notes | Expected Volatility
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments	38.46	36.93
February 2020 Notes | Remaining Life (Years)
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments | yr	4	5
April 2020 Notes | Closing Share Price
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments	33.43	63.81
April 2020 Notes | Risk Free Rate
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments	1.29	0.65
April 2020 Notes | Expected Volatility
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments	36.68	37.22
April 2020 Notes | Remaining Life (Years)
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments | yr	5.33	6.33
November 2020 Notes | Closing Share Price
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments	33.43	63.81
November 2020 Notes | Risk Free Rate
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments	1.56	0.92
November 2020 Notes | Expected Volatility
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments	35.97	36.89
November 2020 Notes | Credit Spread
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Assumptions used in measuring the fair value of financial instruments	350	344.47

Financial Instruments and Fin_4

Financial Instruments and Financial Risk Management - Summary of Sensitivity Analysis Used in Measuring Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Closing Share Price | Chalhoub
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	$ (6,521)	$ (11,196)
Closing Share Price | Strategic Arrangement with Alibaba and Richemont
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(14,899)
Expected Volatility | Chalhoub
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(826)	(1,776)
Credit Spread | Chalhoub
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	939	3,413
Credit Spread | Strategic Arrangement with Alibaba and Richemont
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	6,075
Risk Free Rate | Strategic Arrangement with Alibaba and Richemont
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(468)
February 2020 Notes | Closing Share Price
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(3,931)	(20,259)
February 2020 Notes | Risk Free Rate
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(1,516)	(11,366)
February 2020 Notes | Expected Volatility
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(228)	(633)
April 2020 Notes | Closing Share Price
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(25,113)	(24,215)
April 2020 Notes | Risk Free Rate
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(13,104)	(20,233)
April 2020 Notes | Expected Volatility
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(2,898)	(2,296)
November 2020 Notes | Closing Share Price
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(10,044)	(13,673)
November 2020 Notes | Expected Volatility
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	(2,451)	(5,203)
November 2020 Notes | Credit Spread
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Increase/(decrease) in profit or loss	$ (5,469)	$ (2,504)

Financial Instruments and Fin_5

Financial Instruments and Financial Risk Management - Summary of Sensitivity Analysis Used in Measuring Fair Value of Financial Instruments (Parenthetical ) (Details)	12 Months Ended
	Dec. 31, 2021$ / shares
Closing Share Price | Chalhoub
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Amount increase in share price	$ 1
Closing Share Price | Strategic Arrangement with Alibaba and Richemont
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Amount increase in share price	$ 1
Expected Volatility | Chalhoub
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Percentage of increase in fair value measurement input	1.00%
Credit Spread | Chalhoub
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Percentage of increase in fair value measurement input	0.50%
Credit Spread | Strategic Arrangement with Alibaba and Richemont
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Percentage of increase in fair value measurement input	0.50%
Risk Free Rate | Strategic Arrangement with Alibaba and Richemont
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Percentage of increase in fair value measurement input	1.00%
February 2020 Notes | Closing Share Price
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Amount increase in share price	$ 1
February 2020 Notes | Risk Free Rate
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Percentage of increase in fair value measurement input	1.00%
February 2020 Notes | Expected Volatility
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Percentage of increase in fair value measurement input	1.00%
April 2020 Notes | Closing Share Price
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Amount increase in share price	$ 1
April 2020 Notes | Risk Free Rate
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Percentage of increase in fair value measurement input	1.00%
April 2020 Notes | Expected Volatility
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Percentage of increase in fair value measurement input	1.00%
November 2020 Notes | Closing Share Price
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Amount increase in share price	$ 1
November 2020 Notes | Expected Volatility
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Percentage of increase in fair value measurement input	1.00%
November 2020 Notes | Credit Spread
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Liabilities [Line Items]
Percentage of increase in fair value measurement input	0.50%

Financial Instruments and Fin_6

Financial Instruments and Financial Risk Management - Additional Information (Details)	12 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2021USD ($)GBP (£)	Dec. 31, 2021USD ($)Risk	Dec. 31, 2021USD ($)EUR (€)	Dec. 31, 2020USD ($)		Dec. 31, 2020USD ($)GBP (£)		Dec. 31, 2020USD ($)EUR (€)		Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Disclosure Of Financial Instruments [Line Items]
Number of risk identified | Risk					2
Trade payables	$ 342,938,000	$ 342,938,000	$ 342,938,000	$ 342,938,000	$ 342,938,000	$ 342,938,000	$ 277,827,000		$ 277,827,000		$ 277,827,000
Other payables	22,208,000	22,208,000	22,208,000	22,208,000	22,208,000	22,208,000	16,642,000		16,642,000		16,642,000
Social security and other taxes	69,053,000	69,053,000	69,053,000	69,053,000	69,053,000	69,053,000	76,820,000		76,820,000		76,820,000
Net proceeds from notes issued							1,241,861,000
Restricted cash	2,300,000	2,300,000	2,300,000	2,300,000	2,300,000	2,300,000
Total (deficit)/equity	$ 270,616,000	270,616,000	270,616,000	270,616,000	270,616,000	270,616,000	(1,658,642,000)	[1]	(1,658,642,000)	[1]	(1,658,642,000)	[1]	$ 1,337,832,000	$ 1,128,431,000
Description of sources of hedge ineffectiveness that emerged in hedging relationship	The key sources of risk that could result ineffectiveness include credit risk, a change in the economic relationship between the hedged item and the hedging instrument, a potential change in timing in relation to the hedged item, the currency basis risk, exchange rate volatility and a substantial reduction in the market liquidity for the hedging instrument.
Description of how entity establishes hedge ratio	Under the Group’s hedging policy, the critical terms of the foreign currency derivatives must align with the hedged items. The contracts are denominated in the same currency as the highly probable future sales and purchases, which are expected to occur within a maximum 24-month period, which determines the hedge relationship to be 1:1.
Put and call option liabilities	$ 836,609,000	836,609,000	$ 836,609,000	$ 836,609,000	$ 836,609,000	$ 836,609,000	348,937,000	[1]	$ 348,937,000	[1]	$ 348,937,000	[1]
Hedge Items
Disclosure Of Financial Instruments [Line Items]
Gains/losses on cash flow hedges arising during the period		9,900,000					(16,400,000)
Hedge Items | Inventory | Cash Flow Hedge
Disclosure Of Financial Instruments [Line Items]
Gains/losses on cash flow hedges arising during the period		(2,100,000)					1,200,000
Hedge Items | Revenue | Cash Flow Hedge
Disclosure Of Financial Instruments [Line Items]
Gains/losses on cash flow hedges arising during the period							100,000
Hedge Items | Cost of revenue | Cash Flow Hedge
Disclosure Of Financial Instruments [Line Items]
Gains/losses on cash flow hedges arising during the period		(1,400,000)					800,000
Hedge Items | Selling, General and Administrative Expenses | Cash Flow Hedge
Disclosure Of Financial Instruments [Line Items]
Gains/losses on cash flow hedges arising during the period		$ 13,400,000					$ (18,500,000)
Trade and Other Receivables
Disclosure Of Financial Instruments [Line Items]
Expected credit loss rate	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%		1.00%		1.00%
Alibaba and Richemont
Disclosure Of Financial Instruments [Line Items]
Non-current put-call option liabilities	$ 498,000,000	$ 498,000,000	$ 498,000,000	$ 498,000,000	$ 498,000,000	$ 498,000,000
Non-current put-call option liabilities expected to mature	2026
Palm Angels
Disclosure Of Financial Instruments [Line Items]
Non-current put-call option liabilities	$ 150,300,000	150,300,000	$ 150,300,000	150,300,000	150,300,000	150,300,000
Non-current put-call option liabilities expected to mature	2026
Palm Angels | Put and Call Option Liabilities
Disclosure Of Financial Instruments [Line Items]
Shareholding percentage related to put and call option			40.00%
Put and call option liabilities	$ 144,600,000	144,600,000	$ 144,600,000	$ 144,600,000	$ 144,600,000	$ 144,600,000
Increase/Decrease in present value of put and call option liability		$ 11,400,000
Palm Angels | Put and Call Option Liabilities | Revenue
Disclosure Of Financial Instruments [Line Items]
Percentage of increase in fair value measurement input	10.00%	10.00%	10.00%	10.00%	10.00%	10.00%
Related fair value remeasurement loss		$ 15,100,000
Chalhoub
Disclosure Of Financial Instruments [Line Items]
Non-current put-call option liabilities	$ 188,300,000	188,300,000	$ 188,300,000	$ 188,300,000	$ 188,300,000	$ 188,300,000	$ 344,400,000		$ 344,400,000		$ 344,400,000
Non-current put-call option liabilities expected to mature	2022
Chalhoub | Put and Call Option Liabilities
Disclosure Of Financial Instruments [Line Items]
Shareholding percentage related to put and call option			20.00%
Put and call option liabilities													105,600,000
Increase/Decrease in present value of put and call option liability		(156,100,000)					$ 288,900,000						$ (43,200,000)
Strategic Arrangement with Alibaba and Richemont | Put and Call Option Liabilities
Disclosure Of Financial Instruments [Line Items]
Put and call option liabilities	$ 744,200,000	744,200,000	$ 744,200,000	$ 744,200,000	$ 744,200,000	$ 744,200,000
Increase/Decrease in present value of put and call option liability		$ 246,100,000
Further percentage that allows put-call option holder to purchase	12.50%	12.50%	12.50%	12.50%	12.50%	12.50%
Description of put-call option	allows the holder to either purchase a further 12.5% of Farfetch China after the third year of operations, and an additional option to potentially convert or require the conversion of the investment in Farfetch China to shares in Farfetch Limited, under specific conditions
Forward Exchange Contracts
Disclosure Of Financial Instruments [Line Items]
Average exchange rate				1.37		1.13			1.31		1.19
Forward Currency Call Option Contracts
Disclosure Of Financial Instruments [Line Items]
Average exchange rate | £									1.35
Forward Currency Put Option Contracts
Disclosure Of Financial Instruments [Line Items]
Average exchange rate | £									1.28
[1]	Refer to Note 2, Significant accounting policies .

Financial Instruments and Fin_7

Financial Instruments and Financial Risk Management - Summary of Categories of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018
Disclosure Of Financial Instruments [Line Items]
Trade receivables	$ 63,046	$ 49,833
Other current receivables	179,964	123,492
Cash and cash equivalents	1,363,128	1,573,421	[1]	$ 322,429	$ 1,044,786
Other receivables, noncurrent	31,225	58,081	[1]
Derivative financial assets	8,010	30,242
Short term investments - held at FVTPL	99,971
Short term investments	99,971
Current derivative financial liabilities	21,118	17,427
Non-current derivative financial liabilities	872,428	2,996,220	[1]
Put and call option liabilities - non-current	836,609	348,937	[1]
Put and call option liabilities - current	8,321
Amortized Cost
Disclosure Of Financial Instruments [Line Items]
Trade payables	342,938	277,827
Other payables	22,208	16,642
Total financial liabilities	365,146	294,469
Foreign Currency Derivatives
Disclosure Of Financial Instruments [Line Items]
Foreign currency derivatives - held at FVTPL	410	1,260
Foreign currency derivatives - held as cash flow hedges	7,600	28,982
Foreign currency derivatives - held at FVTPL	35	238
Foreign currency derivatives - held as cash flow hedges	21,083	17,189
$250.0 Million Convertible Note Embedded Derivative
Disclosure Of Financial Instruments [Line Items]
Non-current derivative financial liabilities	90,682	1,060,167
$400.0 Million Convertible Note Embedded Derivative
Disclosure Of Financial Instruments [Line Items]
Non-current derivative financial liabilities	492,801	1,217,491
$600.0 Million Convertible Note Embedded Derivative
Disclosure Of Financial Instruments [Line Items]
Non-current derivative financial liabilities	288,945	718,562
Financial assets at amortised cost, category [member]
Disclosure Of Financial Instruments [Line Items]
Trade receivables	63,046	49,833
Other current receivables	179,964	123,492
Cash and cash equivalents	1,363,128	1,573,421
Other receivables, noncurrent	31,225	58,081
Total financial assets	1,637,363	1,804,827
Put and Call Option Liabilities
Disclosure Of Financial Instruments [Line Items]
Put and call option liabilities - non-current	836,609	348,937
Put and call option liabilities - current	8,321
Total Put and call option liabilities	$ 844,930	$ 348,937
[1]	Refer to Note 2, Significant accounting policies .

Financial Instruments and Fin_8

Financial Instruments and Financial Risk Management - Summary of Categories of Financial Instruments (Parenthetical) (Details)	12 Months Ended
	Dec. 31, 2021
$250.0 Million Convertible Note Embedded Derivative
Disclosure Of Financial Instruments [Line Items]
Coupon percentage on convertible note	5.00%
$400.0 Million Convertible Note Embedded Derivative
Disclosure Of Financial Instruments [Line Items]
Coupon percentage on convertible note	3.75%
$600.0 Million Convertible Note Embedded Derivative
Disclosure Of Financial Instruments [Line Items]
Coupon percentage on convertible note	0.00%

Financial Instruments and Fin_9

Financial Instruments and Financial Risk Management - Summary of Carrying Value and Fair Value of Non-Current Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Financial Instruments [Abstract]
Carrying value of noncurrent borrowings	$ 515,804	$ 617,789	[1]
Fair value of non-current borrowings	$ 859,132	$ 1,058,306
[1]	Refer to Note 2, Significant accounting policies .

Financial Instruments and Fi_10

Financial Instruments and Financial Risk Management - Summary of Notional Amounts of Outstanding Foreign Currency Derivatives (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Foreign Currency Derivatives
Disclosure Of Financial Instruments [Line Items]
Notional	$ 1,616,383	$ 1,120,038

Financial Instruments and Fi_11

Financial Instruments and Financial Risk Management - Financial Assets/(Liabilities) at Fair Value through Profit or Loss (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Disclosure Of Risk Management Strategy Related To Hedge Accounting [Line Items]
Asset	$ 3,826,514	$ 3,590,871	[1]
Liability	3,555,898	5,249,513	[1]	$ 890,047
Forward Foreign Exchange Contracts
Disclosure Of Risk Management Strategy Related To Hedge Accounting [Line Items]
Financial assets at fair value through profit or loss	410	1,260
Financial liabilities at fair value through profit or loss	35	238
Forward Foreign Exchange Contracts | Cash Flow Hedge
Disclosure Of Risk Management Strategy Related To Hedge Accounting [Line Items]
Asset	7,600	28,982
Liability	$ 21,083	$ 17,189
[1]	Refer to Note 2, Significant accounting policies .

Financial Instruments and Fi_12

Financial Instruments and Financial Risk Management - Summary of Analyses Group's Financial Liabilities into Groupings of Remaining Period from Reporting Date to Contractual Maturity Date (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Financial Instruments [Line Items]
Put and call option liabilities	$ 836,609	$ 348,937	[1]
Borrowings		617,789
Total non-current	13,367	4,853	[1]
Liquidity Risk | Not later than one year [member]
Disclosure Of Financial Instruments [Line Items]
Trade and other payables	365,146	294,469
Put and call option liabilities	8,321
Total current	373,467	294,469
Liquidity Risk | Later than one year [member]
Disclosure Of Financial Instruments [Line Items]
Put and call option liabilities	836,609	348,937	[1]
Borrowings	515,804	617,789	[1]
Total non-current	$ 1,352,413	$ 966,726	[1]
[1]	Refer to Note 2, Significant accounting policies .

Financial Instruments and Fi_13

Financial Instruments and Financial Risk Management - Summary of Non-derivative Financial Liabilities and Gross and Net Settled Derivative Financial Instruments Into Relevant Maturity Groupings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Put and call option liabilities	$ 836,609	$ 348,937	[1]
Liquidity Risk | Less Than One Year
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Put and call option liabilities	8,321
Contingent consideration	8,822
Obligations under leases	54,216	33,703
Trade and other payables	434,199	371,289
Net settled derivatives, Outflow	1,219	1,900
Gross settled derivatives, Inflow	(1,570,026)	(1,375,542)
Gross settled derivatives, Outflow	1,590,865	1,366,819
Liquidity Risk | Between One and Three Years
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Put and call option liabilities	188,261	348,937
Contingent consideration	9,064
Obligations under leases	73,685	61,296
Liquidity Risk | Between Three and Five Years
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Put and call option liabilities	656,640
Obligations under leases	51,124	50,800
Liquidity Risk | More Than Five Years
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Obligations under leases	90,801	61,430
Liquidity Risk | Convertible Bonds - $250 Million | Less Than One Year
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Convertible bonds		12,500
Liquidity Risk | Convertible Bonds - $250 Million | Between One and Three Years
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Convertible bonds		25,000
Liquidity Risk | Convertible Bonds - $250 Million | Between Three and Five Years
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Convertible bonds	50,000	275,000
Liquidity Risk | Convertible Bonds - $400 Million | Less Than One Year
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Convertible bonds		15,000
Liquidity Risk | Convertible Bonds - $400 Million | Between One and Three Years
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Convertible bonds		30,000
Liquidity Risk | Convertible Bonds - $400 Million | Between Three and Five Years
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Convertible bonds		30,000
Liquidity Risk | Convertible Bonds - $400 Million | More Than Five Years
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Convertible bonds	400,000	422,500
Liquidity Risk | Convertible Bonds - $600 Million | More Than Five Years
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Line Items]
Convertible bonds	$ 600,000	$ 600,000
[1]	Refer to Note 2, Significant accounting policies .

Financial Instruments and Fi_14

Financial Instruments and Financial Risk Management - Summary of Non-derivative Financial Liabilities and Gross and Net Settled Derivative Financial Instruments Into Relevant Maturity Groupings (Parenthetical) (Details) $ in Millions	Dec. 31, 2020USD ($)
Disclosure Of Maturity Analysis For Nonderivative Financial Liabilities [Abstract]
Derivative financial assets, net	$ 30.2
Derivative financial liabilities, net	$ 15.5

Financial Instruments and Fi_15

Financial Instruments and Financial Risk Management - Schedule of Capital Structure (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018
Disclosure Of Financial Instruments [Line Items]
Borrowings			$ 617,789
Less: cash and cash equivalents		$ (1,363,128)	(1,573,421)	[1]	$ (322,429)	$ (1,044,786)
Total (deficit)/equity		270,616	(1,658,642)	[1]	$ 1,337,832	$ 1,128,431
Capital Risk Management
Disclosure Of Financial Instruments [Line Items]
Borrowings	[1]	1,602,741	3,805,412
Less: cash and cash equivalents		(1,363,128)	(1,573,421)	[1]
Net debt	[1]	239,613	2,231,991
Total (deficit)/equity	[1]	270,616	(1,658,642)
Total		$ 510,229	$ 573,349	[1]
[1]	Refer to Note 2, Significant accounting policies .

Financial Instruments and Fi_16

Financial Instruments and Financial Risk Management - Summary of Movements in Financing Liabilities (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Line Items]
Beginning balance		$ 3,805,412	[1]	$ 119,318
Cash movement		(58,337)		1,197,234
Early conversion of February 2020 Notes		(631,629)
Foreign exchange movement		(8,110)		4,539
Finance costs		76,775		48,608
Fair value changes & other		(1,581,369)		2,435,713
Ending balance		1,602,742		3,805,412	[1]
Borrowings - Leases
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Line Items]
Beginning balance		191,403	[1]	119,318
Cash movement		(35,388)		(25,808)
Foreign exchange movement		(8,111)		4,539
Finance costs		9,137		6,757
Fair value changes & other		57,468		86,597
Ending balance		214,509		191,403	[1]
Non-Current Borrowings - Convertible Notes
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Line Items]
Beginning balance	[1]	617,789
Cash movement		(22,949)		1,223,042	[1]
Early conversion of February 2020 Notes		(146,673)
Bifurcation of embedded derivative	[1]			(641,448)
Finance costs		67,638		41,851	[1]
Fair value changes & other	[1]			(5,656)
Ending balance		515,805		617,789	[1]
Borrowings-Related Derivative Financial Instruments
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Line Items]
Beginning balance	[1]	2,996,220
Early conversion of February 2020 Notes		(484,956)
Bifurcation of embedded derivative				641,448
Foreign exchange movement		1
Fair value changes & other		(1,638,837)		2,354,772
Ending balance		$ 872,428		$ 2,996,220	[1]
[1]	Refer to Note 2, Significant accounting policies .

Financial Instruments and Fi_17

Financial Instruments and Financial Risk Management - Schedule of Foreign Exchange Rate Sensitivity Analysis (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
10% Appreciation | U.S. dollars
Disclosure Of Financial Instruments [Line Items]
Increase/ (decrease) in profit or loss	$ (7,684)	$ 24,118
Increase/ (decrease) in reserves	(55,374)	(133)
10% Appreciation | United Kingdom, Pounds
Disclosure Of Financial Instruments [Line Items]
Increase/ (decrease) in profit or loss	2,906	(21,372)
Increase/ (decrease) in reserves	80,726	38,430
10% Appreciation | Euro Member Countries, Euro
Disclosure Of Financial Instruments [Line Items]
Increase/ (decrease) in profit or loss	2,987	(17,234)
Increase/ (decrease) in reserves	31,134	(3,570)
10% Depreciation | U.S. dollars
Disclosure Of Financial Instruments [Line Items]
Increase/ (decrease) in profit or loss	9,392	(29,478)
Increase/ (decrease) in reserves	67,679	4,920
10% Depreciation | United Kingdom, Pounds
Disclosure Of Financial Instruments [Line Items]
Increase/ (decrease) in profit or loss	(3,552)	17,486
Increase/ (decrease) in reserves	(67,223)	(27,550)
10% Depreciation | Euro Member Countries, Euro
Disclosure Of Financial Instruments [Line Items]
Increase/ (decrease) in profit or loss	(1,858)	14,101
Increase/ (decrease) in reserves	$ (24,887)	$ 2,921

Employee Benefit Obligations -

Employee Benefit Obligations - Summary of Other Non-current Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Other Non Current Liabilities [Line Items]
Non-current liabilities	$ 12,948	$ 26,116	[1]
Employee severance liability	2,544	1,821
Cash Settled
Disclosure Of Other Non Current Liabilities [Line Items]
Non-current liabilities	$ 10,404	$ 24,295
[1]	Refer to Note 2, Significant accounting policies .

Employee Benefit Obligations _2

Employee Benefit Obligations - Equity and Cash Settled - Additional Information (Details) $ / shares in Units, $ in Thousands		May 24, 2021TranchePSU	Dec. 31, 2021USD ($)sharesOptionPlan$ / shares	Dec. 31, 2020USD ($)shares$ / shares	Dec. 31, 2019USD ($)$ / shares
Disclosure Of Employers Tax Liability [Line Items]
Current employee benefit obligations			$ 8,300	$ 38,300
Weighted average share price at the date of exercise options exercised | $ / shares			$ 43.36	$ 34.66	$ 22.62
Equity - settled share based payments	[1]		$ 196,167	$ 291,633	$ 178,234
Selling, General and Administrative Expenses
Disclosure Of Employers Tax Liability [Line Items]
Equity - settled share based payments			15,100
Employers Tax Liability on Share Based Payments
Disclosure Of Employers Tax Liability [Line Items]
Current employee benefit obligations			7,700	37,300
Cash Settled Share Based Payments
Disclosure Of Employers Tax Liability [Line Items]
Current employee benefit obligations			$ 500	1,000
Vesting period			less than one year
Equity Settled
Disclosure Of Employers Tax Liability [Line Items]
Number of share option plans | OptionPlan			4
Equity - settled share based payments			$ 219,900	168,300	170,100
Equity Settled | New Guards
Disclosure Of Employers Tax Liability [Line Items]
Intrinsic value of liabilities from share-based payment transactions					12,100
Cash Settled
Disclosure Of Employers Tax Liability [Line Items]
Number of share option plans | OptionPlan			1
2018 Plan | Jose Neves, the Company’s Founder, Chief Executive Officer and Chairman of the Board (the “CEO”)
Disclosure Of Employers Tax Liability [Line Items]
Number of PSU granted | PSU		8,440,000
Performance period		8 years
Number of tranche | Tranche		8
Average closing price period		90 days
Share Appreciation Rights
Disclosure Of Employers Tax Liability [Line Items]
Intrinsic value of liabilities from share-based payment transactions			$ 10,500	$ 25,300
Number of share appreciation rights granted | shares			49,000	92,000
Cash settled share based payment transaction expense			$ 9,300	$ 28,000	$ 10,700
Revaluation gain (loss)			1,200	28,000
Intrinsic value			12,700	36,400
Aggregate intrinsic value for options fully vested			$ 9,400	$ 17,200
[1]	Refer to Note 2, Significant accounting policies .

Employee Benefit Obligations _3

Employee Benefit Obligations - Summary of Equity Based Payment Plans (Details)	12 Months Ended
	Dec. 31, 2021EquityInstrument
EMI Approved Share Option Plan
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Date of first grant	November 1, 2011
Number granted	5,505,600
Contractual life	10 years
Vesting conditions	Varying tranches of options vesting upon defined years of service
Unapproved Share Option Plan
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Date of first grant	July 1, 2011
Number granted	11,332,835
Contractual life	10 years
Vesting conditions	Varying tranches of options vesting upon defined years of service
LTIP 2015 Plan
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Date of first grant	September 9, 2015
Number granted	38,174,980
Contractual life	10 years
Vesting conditions	Varying tranches of options vesting upon defined years of service with certain awards having non-market conditions
LTIP 2018 Plan
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Date of first grant	September 20, 2018
Number granted	50,669,762
Contractual life	10 years
Vesting conditions	Varying tranches of options and Restricted Stock Units (RSU) vesting upon defined years of service

Employee Benefit Obligations _4

Employee Benefit Obligations - Summary of Movements on Share Options and Weighted Average Exercise Prices (Details)	12 Months Ended
	Dec. 31, 2021OptionAndRSU$ / shares	Dec. 31, 2020OptionAndRSU$ / shares	Dec. 31, 2019OptionAndRSU$ / shares
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Abstract]
Options & RSUs at beginning of year | OptionAndRSU	43,063,713	39,583,858	44,218,814
Options & RSUs granted | OptionAndRSU	13,933,172	19,685,173	13,585,502
Options & RSUs exercised | OptionAndRSU	(8,677,510)	(11,817,074)	(7,503,814)
Options & RSUs forfeited | OptionAndRSU	(2,011,549)	(4,388,244)	(10,716,644)
Options & RSUs at end of year | OptionAndRSU	46,307,826	43,063,713	39,583,858
Options & RSUs exercisable at end of year | OptionAndRSU	18,293,805	11,944,576	10,360,642
Options & RSUs at beginning of year | $ / shares	$ 8	$ 8.23	$ 6.15
Options & RSUs granted | $ / shares	8.72	5.38	8.94
Options & RSUs forfeited | $ / shares	5.33	7.02	5.70
Options & RSUs exercised | $ / shares	4.37	5.63	1.25
Options & RSUs at end of year | $ / shares	9.01	8	8.23
Options & RSUs exercisable at year end | $ / shares	$ 11.43	$ 8.96	$ 6.40
Weighted average remaining contracted life of options & RSUs outstanding at year end	8 years 1 month 9 days	8 years 11 months 8 days	9 years 9 months 14 days

Employee Benefit Obligations _5

Employee Benefit Obligations - Exercise Price of Options and RSU's Outstanding (Details)	12 Months Ended
	Dec. 31, 2021OptionAndRSU$ / shares	Dec. 31, 2020OptionAndRSU$ / shares	Dec. 31, 2019OptionAndRSU$ / shares	Dec. 31, 2018OptionAndRSU
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of options and RSUs	46,307,826	43,063,713	39,583,858	44,218,814
Weighted average fair value of options & RSUs granted in year | $ / shares	$ 23.33	$ 8.81	$ 15.54
$0.00 to $0.08
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of options and RSUs	18,050,469	11,878,888	8,545,400
$0.09 to $0.56
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of options and RSUs	27,340	27,340	27,340
$0.57 to $3.52
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of options and RSUs	184,823	320,944	629,730
$3.53 to $5.73
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of options and RSUs	1,293,101	2,020,354	3,225,120
$5.74 to $7.39
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of options and RSUs	2,386,536	3,385,770	5,873,001
$7.40 to $20.00
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of options and RSUs	19,389,418	21,965,750	17,402,097
$20.01 to $27.09
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of options and RSUs	3,028,881	3,423,111	3,881,170
$27.10 to $40.00
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of options and RSUs	71,784	41,556
$40.01 to $67.99
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of options and RSUs	1,875,474

Employee Benefit Obligations _6

Employee Benefit Obligations - Exercise Price of Options and RSU's Outstanding (Parenthetical) (Details) - $ / shares	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
$0.00 to $0.08 | Bottom of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	$ 0	$ 0	$ 0
$0.00 to $0.08 | Top of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	0.08	0.08	0.08
$0.09 to $0.56 | Bottom of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	0.09	0.09	0.09
$0.09 to $0.56 | Top of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	0.56	0.56	0.56
$0.57 to $3.52 | Bottom of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	0.57	0.57	0.57
$0.57 to $3.52 | Top of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	3.52	3.52	3.52
$3.53 to $5.73 | Bottom of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	3.53	3.53	3.53
$3.53 to $5.73 | Top of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	5.73	5.73	5.73
$5.74 to $7.39 | Bottom of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	5.74	5.74	5.74
$5.74 to $7.39 | Top of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	7.39	7.39	7.39
$7.40 to $20.00 | Bottom of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	7.40	7.40	7.40
$7.40 to $20.00 | Top of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	20	20	20
$20.01 to $27.09 | Bottom of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	20.01	20.01	20.01
$20.01 to $27.09 | Top of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	27.09	27.09	27.09
$27.10 to $40.00 | Bottom of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	27.10	27.10	27.10
$27.10 to $40.00 | Top of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	40	40	40
$40.01 to $67.99 | Bottom of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	40.01	40.01	40.01
$40.01 to $67.99 | Top of Range
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Exercise price of options and RSU's outstanding at year end	$ 67.99	$ 67.99	$ 67.99

Employee Benefit Obligations _7

Employee Benefit Obligations - Summary of Inputs in Black Scholes Model for Share Options Granted (Details)	12 Months Ended
	Dec. 31, 2021Year$ / shares	Dec. 31, 2020Year$ / shares	Dec. 31, 2019Year$ / shares
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Abstract]
Weighted average share price	$ 57.40	$ 12.44	$ 21.73
Weighted average exercise price	$ 22.80	$ 5.38	$ 8.94
Average expected volatility	40.00%	40.00%	36.00%
Expected life | Year	4	4	4
Risk free rate	0.51%	1.05%	2.15%

Employee Benefit Obligations _8

Employee Benefit Obligations - Summary of 2020 CEO Performance Based Restricted Stock Unit Award (Details)	May 24, 2021Tranche$ / shares
Tranche 1
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of tranche | Tranche	1
Performance Period	1st - 5th anniversary of the grant
Number of PSUs Eligible To be Earned	5% of Total Number of PSUs
Stock Price Hurdle | $ / shares	$ 75
Tranche 2
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of tranche | Tranche	2
Performance Period	1st - 5th anniversary of the grant
Number of PSUs Eligible To be Earned	5% of Total Number of PSUs
Stock Price Hurdle | $ / shares	$ 100
Tranche 3
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of tranche | Tranche	3
Performance Period	2nd - 6th anniversary of the grant
Number of PSUs Eligible To be Earned	10% of Total Number of PSUs
Stock Price Hurdle | $ / shares	$ 125
Tranche 4
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of tranche | Tranche	4
Performance Period	2nd - 6th anniversary of the grant
Number of PSUs Eligible To be Earned	10% of Total Number of PSUs
Stock Price Hurdle | $ / shares	$ 150
Tranche 5
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of tranche | Tranche	5
Performance Period	3rd - 7th anniversary of the grant
Number of PSUs Eligible To be Earned	10% of Total Number of PSUs
Stock Price Hurdle | $ / shares	$ 175
Tranche 6
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of tranche | Tranche	6
Performance Period	3rd - 7th anniversary of the grant
Number of PSUs Eligible To be Earned	20% of Total Number of PSUs
Stock Price Hurdle | $ / shares	$ 200
Tranche 7
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of tranche | Tranche	7
Performance Period	4th - 8th anniversary of the grant
Number of PSUs Eligible To be Earned	20% of Total Number of PSUs
Stock Price Hurdle | $ / shares	$ 225
Tranche 8
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Line Items]
Number of tranche | Tranche	8
Performance Period	4th - 8th anniversary of the grant
Number of PSUs Eligible To be Earned	20% of Total Number of PSUs
Stock Price Hurdle | $ / shares	$ 250

Share Capital and Share Premi_3

Share Capital and Share Premium - Summary of Ordinary Shares Issued and Fully Paid (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Classes Of Share Capital [Line Items]
Number of shares	380,781,318	354,210,144
Share capital	$ 15,231	$ 14,168	[1]
Share premium	1,641,674	927,931	[1]
Merger reserve	783,529	783,529	[1]
Total	$ 2,440,434	$ 1,725,628
Class A Ordinary Shares
Disclosure Of Classes Of Share Capital [Line Items]
Number of shares	337,923,238	311,352,064
Par value	$ 0.04	$ 0.04
Share capital	$ 13,517	$ 12,454
Share premium	1,596,165	882,422
Merger reserve	783,529	783,529
Total	$ 2,393,211	$ 1,678,405
Class B Ordinary Shares
Disclosure Of Classes Of Share Capital [Line Items]
Number of shares	42,858,080	42,858,080
Par value	$ 0.04	$ 0.04
Share capital	$ 1,714	$ 1,714
Share premium	45,509	45,509
Total	$ 47,223	$ 47,223
[1]	Refer to Note 2, Significant accounting policies .

Share Capital and Share Premi_4

Share Capital and Share Premium - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 17, 2020	Dec. 31, 2021	Dec. 31, 2020	Oct. 01, 2021	Aug. 06, 2021	May 17, 2021
Disclosure Of Classes Of Share Capital [Line Items]
Shares issued in respect of exercise of share options		8,328,356	12,721,798
Secured borrowings			$ 617,789
February 2020 Notes
Disclosure Of Classes Of Share Capital [Line Items]
Number of shares issued on conversion				6,122,250	7,013,405	3,190,345
Class A Ordinary Shares
Disclosure Of Classes Of Share Capital [Line Items]
Numbers of shares issued		26,571,174	14,611,136
Par value		$ 0.04	$ 0.04
Shares issued in respect of exercise of share options		1,916,818
Class A Ordinary Shares | Artemis
Disclosure Of Classes Of Share Capital [Line Items]
Numbers of shares issued	1,889,338
Percentage of existing issued share capital	0.50%
Gross proceeds	$ 50,000
Class A Ordinary Shares | February 2020 Notes
Disclosure Of Classes Of Share Capital [Line Items]
Number of shares issued on conversion				6,122,250	7,013,405	3,190,345
Secured borrowings				$ 75,000	$ 85,900	$ 39,100

Other Reserves - Summary of Oth

Other Reserves - Summary of Other Reserves (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Disclosure Of Other Reserves [Line Items]
Beginning balance	$ (1,658,642)	[1]	$ 1,337,832		$ 1,128,431
Shares issued - acquisition of a subsidiary	(18,514)		965		158,617
Share-based payment – equity-settled	221,113		218,688		123,224
Transaction with non-controlling interests					(101,311)
Ending balance	270,616		(1,658,642)	[1]	1,337,832
Other Reserves
Disclosure Of Other Reserves [Line Items]
Beginning balance	467,565		369,275		67,474
Shares issued - acquisition of a subsidiary	(11,613)		4,808		393,853
Movement in cash flow hedge reserve	(27,328)		15,937		(3,527)
(Gain) Loss transferred to the cost of inventory	2,066		(1,213)		142
Share-based payment – equity-settled	61,282		52,690		76,383
Remeasurement loss on severance plan			(24)		(58)
Share based payments - reverse vesting shares	(24,486)		26,092		(62,834)	[1]
Exercise of warrants					(747)
Transaction with non-controlling interests					(101,311)
Impairment loss on revaluation of investments					(100)
Non-controlling interest put option	(150,070)
Capital contribution from non-controlling interests	488,863
Acquisition of non-controlling interest	(11,613)
Other	(2,596)
Ending balance	59,520		467,565		369,275
Other Reserves | Farfetch China Holdings Ltd
Disclosure Of Other Reserves [Line Items]
Non-controlling interest put option	(744,163)
Warrant Reserve | Other Reserves
Disclosure Of Other Reserves [Line Items]
Beginning balance					747
Exercise of warrants					(747)
Changes in Ownership | Other Reserves
Disclosure Of Other Reserves [Line Items]
Beginning balance	(8,666)		(8,666)		(8,666)
Ending balance	(8,666)		(8,666)		(8,666)
Share-based payment arrangements [member] | Other Reserves
Disclosure Of Other Reserves [Line Items]
Beginning balance	165,127		86,345		72,796
Share-based payment – equity-settled	61,282		52,690		76,383
Share based payments - reverse vesting shares	(24,486)		26,092		(62,834)	[1]
Ending balance	201,923		165,127		86,345
Cashflow Hedge Reserve | Other Reserves
Disclosure Of Other Reserves [Line Items]
Beginning balance	9,223		(2,949)		436
Movement in cash flow hedge reserve	(24,776)		13,385		(3,527)
(Gain) Loss transferred to the cost of inventory	2,066		(1,213)		142
Ending balance	(13,487)		9,223		(2,949)
Merger Relief Reserve | Other Reserves
Disclosure Of Other Reserves [Line Items]
Beginning balance	400,822		396,014		2,161
Shares issued - acquisition of a subsidiary			4,808		393,853
Ending balance	400,822		400,822		396,014
Time Value Reserve | Other Reserves
Disclosure Of Other Reserves [Line Items]
Beginning balance	2,552
Movement in cash flow hedge reserve	(2,552)		2,552
Ending balance			2,552
Other | Other Reserves
Disclosure Of Other Reserves [Line Items]
Beginning balance	(101,493)		(101,469)
Remeasurement loss on severance plan			(24)		(58)
Transaction with non-controlling interests					(101,311)
Impairment loss on revaluation of investments					(100)
Non-controlling interest put option	(150,070)
Capital contribution from non-controlling interests	488,863
Acquisition of non-controlling interest	(11,613)
Other	(2,596)
Ending balance	(521,072)		$ (101,493)		$ (101,469)
Other | Other Reserves | Farfetch China Holdings Ltd
Disclosure Of Other Reserves [Line Items]
Non-controlling interest put option	$ (744,163)
[1]	Refer to Note 2, Significant accounting policies .

Other Reserves - Additional Inf

Other Reserves - Additional Information (Details)	Dec. 31, 2021
Palm Angels | Other Reserves
Disclosure Of Other Reserves [Line Items]
Percentage of voting equity interests remaining	40.00%

Group Information - Summary of

Group Information - Summary of Subsidiaries (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Estonia
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Parent [member]
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Holding company
Farfetch UK Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Marketing, providing editorial and merchant services
Farfetch.com US LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	California (USA)
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce and marketing
Allure Systems Research France S.A.S.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	France
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Farfetch HK Holdings Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Hong Kong
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Holding company
Farfetch-Portugal Unipessoal LDA
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Portugal
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Back office support
Ambush (Shanghai) Trading Co., Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	People's Republic of China
Proportion of ownership interests held by the Group	70.00%
Description of Principal Activities of Subsidiaries	Retail
Browns (South Molton Street) Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Retail
Farfetch Japan Co Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Japan
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce and marketing
Farfetch China (HK Holdings) Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Hong Kong
Proportion of ownership interests held by the Group	75.00%	100.00%
Description of Principal Activities of Subsidiaries	Holding company
Farfetch (Shanghai) E-Commerce Co. Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	People's Republic of China
Proportion of ownership interests held by the Group	75.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Farfetch HK Production Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Hong Kong
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce and marketing
Farfetch Store of the Future Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Dormant company
Fashion Concierge UK Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
F.F.B.R. Importacao e Exportação LTDA
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Brazil
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Import & Export Agent for Farfetch
Fafaqi Shanghai Network Technology Development Co Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	People's Republic of China
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Farfetch Brasil China Exportacao Ltda
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Brazil
Proportion of ownership interests held by the Group	75.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Farfetch International Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Isle of Man
Proportion of ownership interests held by the Group	80.00%	80.00%
Description of Principal Activities of Subsidiaries	Holding company
Farfetch Canada Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Canada
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Retail
Fashion Concierge Powered By Farfetch, LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Delaware (USA)
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Farfetch India Private Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	India
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Back office support
Farfetch China US LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Delaware (USA)
Proportion of ownership interests held by the Group	75.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Farfetch Middle East FZE
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	UAE
Proportion of ownership interests held by the Group	80.00%	80.00%
Description of Principal Activities of Subsidiaries	Back office support
Farfetch Italia S.R.L.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Back office support
Farfetch Australia Pty Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Australia
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Back office support
Farfetch US Holdings, INC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Delaware (USA)
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Holding company
Fashion Concierge HK Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Hong Kong
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Stadium Enterprises LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Delaware (USA)
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
SGNY1 LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	New York (USA)
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Farfetch México, S.A de C.V
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Mexico
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Back office support
Kicks Lite LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	New York (USA)
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Farfetch RU LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Russian Federation
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services and back office support
Beijing Qizhi Ruisi Information Consulting Co., Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	People's Republic of China
Proportion of ownership interests held by the Group	81.00%	81.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Farfetch Platform Solutions Limited (previously Farfetch Black & White Limited)
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Farfetch UK FINCO Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Holding company
New Guards Group Holding S.p.A
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Retail
County S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Retail
Off-White Operating S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	75.00%	75.00%
Description of Principal Activities of Subsidiaries	Retail
Venice S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	100.00%	69.00%
Description of Principal Activities of Subsidiaries	Retail
Farfetch.com Brasil Serviços LTDA
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Brazil
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce, marketing and editorial services
Unravel Project S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	61.00%	61.00%
Description of Principal Activities of Subsidiaries	Retail
FarfetchComLimitedMember
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Isle of Man
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Holding company
Heron Preston S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	80.00%	80.00%
Description of Principal Activities of Subsidiaries	Retail
Alanui S R L
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	53.00%	53.00%
Description of Principal Activities of Subsidiaries	Retail
APA S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Retail
Heron Preston Trademark S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	51.00%	51.00%
Description of Principal Activities of Subsidiaries	Retail
KPG S.R.L.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	75.00%	75.00%
Description of Principal Activities of Subsidiaries	Retail
Off-White Operating Milano S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	75.00%	75.00%
Description of Principal Activities of Subsidiaries	Retail
Off White Operating Holding, Corp.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Delaware (USA)
Proportion of ownership interests held by the Group	75.00%	75.00%
Description of Principal Activities of Subsidiaries	Retail
Off White Operating Soho, LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	New York (USA)
Proportion of ownership interests held by the Group	75.00%	75.00%
Description of Principal Activities of Subsidiaries	Retail
Off White Operating Miami, LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Florida (USA)
Proportion of ownership interests held by the Group	75.00%	75.00%
Description of Principal Activities of Subsidiaries	Retail
Laso. Co. Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Japan
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	E-commerce and marketing
Off White Operating Vegas, LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Nevada (USA)
Proportion of ownership interests held by the Group	75.00%	75.00%
Description of Principal Activities of Subsidiaries	Retail
Off White Operating Los Angeles, LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	California (USA)
Proportion of ownership interests held by the Group	75.00%	75.00%
Description of Principal Activities of Subsidiaries	Retail
Off White Operating London Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	75.00%	75.00%
Description of Principal Activities of Subsidiaries	Retail
Farfetch Europe Trading BV
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	The Netherlands
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Retail
Farfetch China Holdings Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	75.00%	100.00%
Description of Principal Activities of Subsidiaries	Retail
Farfetch China Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	75.00%	100.00%
Description of Principal Activities of Subsidiaries	Retail
Ambush Inc.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Japan
Proportion of ownership interests held by the Group	70.00%	70.00%
Description of Principal Activities of Subsidiaries	Retail
OC Italy S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	100.00%	100.00%
Description of Principal Activities of Subsidiaries	Retail
Ambush Italy S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	70.00%	70.00%
Description of Principal Activities of Subsidiaries	Retail
Off White (Shanghai) Trading Co., Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	People's Republic of China
Proportion of ownership interests held by the Group	75.00%
Description of Principal Activities of Subsidiaries	Retail
NGG Beauty Srl
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	Retail
Allure Systems Corp
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Delaware (USA)
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
F Concierge France S.A.S.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	France
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	Retail
JBUX Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	United Kingdom
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	Retail
Luxclusif Unipessoal Lda
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Portugal
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Off-White Operating Paris S.a.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	France
Proportion of ownership interests held by the Group	75.00%	75.00%
Description of Principal Activities of Subsidiaries	Retail
Luxi (Shanghai) Trading Co., Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	People's Republic of China
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	Trading company
Off White Operating Spain SL
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Spain
Proportion of ownership interests held by the Group	75.00%
Description of Principal Activities of Subsidiaries	Retail
M.A. Alliance Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Japan
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Off-White Operating Switzerland GmbH
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Switzerland
Proportion of ownership interests held by the Group	75.00%
Description of Principal Activities of Subsidiaries	Retail
Upteam Corporation Limited
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Hong Kong
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	Holding company
Palm Angels (Shanghai) Trading Co., Ltd
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	People's Republic of China
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	Retail
Palm Angels S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	60.00%
Description of Principal Activities of Subsidiaries	Retail
There Was One S.r.l.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Italy
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	E-commerce services
Venice Holding Corp.
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Delaware (USA)
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	Holding company
Venice Miami LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Florida (USA)
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	Retail
Venice Vegas LLC
Disclosure Of Significant Investments In Subsidiaries [Line Items]
Country of incorporation of subsidiary	Nevada (USA)
Proportion of ownership interests held by the Group	100.00%
Description of Principal Activities of Subsidiaries	Retail

Non-controlling interests - Sum

Non-controlling interests - Summary of Effect of Changes in Ownership Interest (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Balance	$ 168,556	[1]	$ 170,226
Total comprehensive income/(loss) attributable to non-controlling interests	1,380		17,880	[2]	$ 11,609	[2]
Step acquisition	2,434
Capital contribution from non-controlling interest	(13,875)
Non-controlling interest arising on purchase of asset	50,453
Acquisition of non-controlling interest	(6,901)		965
Dividends paid to non-controlling interests	(23,016)		(20,515)
Other	2,977
Balance	182,008		168,556	[1]	170,226
Curiosity China
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Balance	519		409
Total comprehensive income/(loss) attributable to non-controlling interests	(1,657)		110
Balance	$ (1,138)		519		409
% of non-controlling interests	19.00%
Farfetch International Limited
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Balance	$ (2,187)		1,225
Total comprehensive income/(loss) attributable to non-controlling interests	(548)		(3,412)
Balance	$ (2,735)		(2,187)		1,225
% of non-controlling interests	20.00%
New Guards
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Balance	$ 170,224		168,592
Total comprehensive income/(loss) attributable to non-controlling interests	16,220		21,182
Step acquisition	2,434
Non-controlling interest arising on purchase of asset	50,453
Acquisition of non-controlling interest	(6,901)		965
Dividends paid to non-controlling interests	(23,016)		(20,515)
Other	2,977
Balance	$ 212,391		$ 170,224		$ 168,592
% of non-controlling interests	23.00%
Farfetch China Holdings Ltd
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Total comprehensive income/(loss) attributable to non-controlling interests	$ (12,635)
Capital contribution from non-controlling interest	(13,875)
Balance	$ (26,510)
% of non-controlling interests	22.00%
[1]	Refer to Note 2, Significant accounting policies .
[2]	Refer to Note 2, Significant accounting policies

Non-controlling interests - Add

Non-controlling interests - Additional Information (Details) - USD ($) $ in Thousands	Aug. 01, 2021	Jul. 20, 2021	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Proceeds from contributions of non-controlling interests			$ 13,875
Non-controlling interest arising on purchase of asset			74,240
Acquisition of non-controlling interest			(6,901)	$ 965
Dividends paid to minority interests			23,016	20,515
Farfetch China Holdings Ltd
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Proceeds from contributions of non-controlling interests			13,875
Farfetch China Holdings Ltd | Alibaba
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Percentage if investment	12.50%
Farfetch China Holdings Ltd | Richemont
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Percentage if investment	12.50%
Farfetch China Holdings Ltd | Alibaba and Richemont
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Total consideration transferred	$ 500,000
Proceeds from contributions of non-controlling interests	13,900
Acquisition-related costs	$ 25,000
New Guards
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Acquisition of non-controlling interest			(6,901)	965
Dividends paid to minority interests			23,016	$ 20,515
New Guards | Palm Angels
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Percentage if investment		60.00%
Non-controlling interest arising on purchase of asset		$ 50,500
New Guards | Venice S.r.l.
Disclosure Of Information About Consolidated Structured Entities [Line Items]
Acquisition of non-controlling interest			$ 6,900
Remaining ownership percentage invested			31.00%

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - Major Business Combination € in Millions, $ in Millions	Feb. 22, 2022USD ($)	Feb. 22, 2022EUR (€)	Feb. 01, 2022USD ($)
Authentic Brands Group LLC
Disclosure Of Nonadjusting Events After Reporting Period [Line Items]
Date of commercial agreement	Feb. 22, 2022	Feb. 22, 2022
Committed minimum royalty payments	$ 374	€ 329.9
Life of agreement	11 years	11 years
Violet Grey Inc.
Disclosure Of Nonadjusting Events After Reporting Period [Line Items]
Date of acquisition			Feb. 1, 2022
Total consideration transferred			$ 44.4
Cash			43.5
Ordinary shares issued			$ 0.9