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May 2023

21 May

Farfetch Shares Spike as Company Returns to GMV Growth

Farfetch Shares Spike as Company Returns to GMV Growth
Farfetch is beginning to get back into growth mode — and the great graces of Wall Street.  Shares of Farfetch shot up 16.8 percent to $5.07 in after-hours trading on Thursday after the corporate reported first-quarter results that showed gross merchandise volume had inched up 0.1 percent to $931.7 million. Revenues for the quarter increased 8 percent to $556.4 million. The stock continues to be well off of Farfetch’s 52-week high of $12.89, however the jump back gives the corporate some welcome momentum.  The primary-quarter performance marked a major turn for Farfetch, which saw GMV drop 12 percent within the fourth quarter, when China was hindered by COVID-19 lockdowns and the comparisons were hurt by the closure of the corporate’s Russia business.  Now José...
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21 May

Selena Gomez’s Mental Health Platform Wondermind to Host Pop-up

Selena Gomez’s Mental Health Platform Wondermind to Host Pop-up
Wondermind is putting mental health on the front page.  To have fun mental health awareness month, the digital mental fitness platform cofounded by Selena Gomez and Mandy Teefey will host a newsstand style pop-up in Domino Park in Williamsburg, Brooklyn. Held on May 20 and 21, the event will include an array of experiences and activations, including sound baths and meditations led by Sage+Sound instructors, in addition to panels and workshops with clinical psychologists. Dr. Corey Yeager, life coach for the Detroit Pistons, will lead a conversation titled “Let’s Talk: How Are You Doing, Really?” Dr. Jessica Stern, a clinical psychologist at NYU Langone, will host an interactive session of Wondermind’s podcast “Baggage Drop.”   “Once we curated the itinerary, we were focused on...
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