Farfetch bets on resiliency of luxury market as it addresses Q3 financial performance

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The London-based company posted third-quarter losses after tax of $274.9 million. It is working on internal restructuring and changes to make the firm more profitable.

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Wedbush cuts rating on Restoration Hardware to neutral from outperform on market share lossesWedbush on Friday cut its rating on Restoration Hardware Inc. undefined to neutral from outperform and trimmed its 12-month price target to $270 from $274....
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