About Global Fashion Group
Global Fashion Group (GFG) (ETR: GFG) is a fashion and lifestyle e-commerce platform. It offers a wide variety of fashion and lifestyle products, including apparel, footwear, accessories, beauty, and homeware. It was founded in 2011 and is based in Senningerberg, Luxembourg.
Expert Collections containing Global Fashion Group
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Global Fashion Group is included in 1 Expert Collection, including E-Commerce.
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Latest Global Fashion Group News
Nov 10, 2023
Credits: Image: Global Fashion Group Global Fashion Group (GFG) reported a third quarter net merchandise value decrease of 19.4 percent to 283.9 million euros and revenue decrease of 25 percent to 184.5 million euros. The company reported gross margin of 42.1 percent and adjusted EBITDA margin of negative 9.7 percent. Active customers decrease 19.1 percent during the quarter under review and order frequency decreases 3.8 percent. Commenting on the quarterly financial update, Christoph Barchewitz, CEO of GFG, said in a statement: “Despite prolonged headwinds across our markets and the sector impacting our Q3 results, we remain resolute in executing our strategy. This includes our transition to a robust platform business and emphasis on driving technology-enabled efficiency through reducing costs and complexity.” The group’s expectations for the full year include a 16 to 18 percent decrease in NMV on a constant currency basis to 1.2 to 1.3 billion euros, 0.8 billion euros of revenue and negative 9 to 7 percent adjusted EBITDA margin.
Global Fashion Group Frequently Asked Questions (FAQ)
When was Global Fashion Group founded?
Global Fashion Group was founded in 2011.
Where is Global Fashion Group's headquarters?
Global Fashion Group's headquarters is located at 5, Heienhaff, Senningerberg.
What is Global Fashion Group's latest funding round?
Global Fashion Group's latest funding round is IPO.
How much did Global Fashion Group raise?
Global Fashion Group raised a total of $575M.
Who are the investors of Global Fashion Group?
Investors of Global Fashion Group include Kinnevik, Rocket Internet, Access Industries, Verlinvest and Tengelmann Ventures.