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How Fairfax & Favor Saved £1M & Scaled US Sales with Shopify

6/12/2024
Fairfax & Favor
Marcus Fountaine and Felix Parker
Fairfax & Favor
www.fairfaxandfavor.com
London, United KingdomFounded 1970
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Monthly Revenue
Undisclosed
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Founders
Marcus Fountaine and Felix Parker
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Employees
Undisclosed
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Business Description

Fairfax & Favor is a British luxury footwear and accessories brand founded in 2012. Known for its signature Regina boot and equestrian-inspired designs, the label blends heritage style with modern craftsmanship, serving a loyal customer base across the UK and beyond.
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Executive Summary

Fairfax & Favor transformed its US footprint using Shopify’s unified Markets solution and Multi-Currency Payouts. By consolidating multiple storefronts into subfolders, automating tax and duty, and locking in exchange rates, the brand saved over £1M in labor, £50K in conversion fees, and grew US sales from 3% to 10%.
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Case Study Content

Background

Fairfax & Favor began in 2012 as a small British footwear and accessories label focused on equestrian style. Its signature Regina boot and modern outerwear won fans among town and country shoppers alike. By hosting pop-up events at UK horse shows and building a tight-knit community, the brand saw steady growth before the pandemic transformed retail overnight.

The Challenge

Once online sales surged, Fairfax & Favor spotted strong demand from US shoppers. But managing multiple storefronts, manual currency adjustments and mounting complexity around duties, taxes and point-of-nexus obligations put strain on the three-person ecommerce team. Price books struggled to keep pace with exchange fluctuations, and fulfilling orders in under three days felt out of reach.

The Solution

When Shopify released Markets, Fairfax & Favor adopted it immediately. By setting up a US subfolder with localized checkout, the team launched in days rather than months.Checkout Blockslet non-developers swap banners and banners with regional messaging.Multi-Currency Payoutslocked in rates, held reserves for suppliers, and eliminated weekly conversions. Finally,Shopify Taxautomated duties and county-level taxes—no extra headcount needed.

Results

  • £50,000 saved each year on currency conversions.
  • £1,000,000 saved annually in labor by managing one store across regions.
  • US sales jumped from 3% to 10% of international revenue in two years.
  • New US storefront set up in a day with zero SEO impact.

Key Learnings

Consolidating multiple geographies under Shopify Markets can slash overhead, speed launches, and protect margins. Automating currency, tax and duties helps small teams scale globally without extra hires.

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Key Takeaways

  • 1Leveraging Shopify Markets enabled Fairfax & Favor to launch a US storefront in one day instead of two months, preserving SEO and campaign momentum.
  • 2Automating tax and duty via Shopify Tax removed the need for extra staff to navigate complex state regulations, saving time and risk.
  • 3Multi-Currency Payouts locked in exchange rates and held reserves, cutting currency fees by £50,000 per year and giving budget certainty.
  • 4Consolidating global storefronts under subfolders reduced management overhead, saving an estimated £1,000,000 in labor annually.
  • 5Using Checkout Blocks let non-technical staff tailor checkout content for different markets without writing code, halving their workload.
  • 6Fairfax & Favor grew US sales from 3% to 10% of international revenue in just two years by streamlining operations and offering faster delivery.
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Key Facts

Labor Cost Savings
£1M annually
Currency Conversion Cut
£50K annually
US Sales Growth
From 3% to 10%
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Tools & Technologies Used

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How to Replicate This Success

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Disclaimer: Some data in these case studies may be inaccurate or out of date. In certain cases, AI-generated content is used.