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Global Fashion Group: GMV and revenues decline in Q3

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...

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