Farfetch Returns to Sales Growth

The online luxury retailer’s revenue rose 8 percent year on year in the first quarter of 2023, above analyst’s expectations.

Farfetch’s improved inventory, partnerships with brands like Reebok and strong in-store sales contributed to its sales bump. That increase comes after the luxury goods seller reported year-on-year sales drops in the past two quarters.

The company’s stock jumped more than 17 percent in after-hours trading…