LaModa news and archive

Lamoda and Fashion Factory School publish study on fashion brands in Russia

Lamoda, a Russian online platform selling fashion, beauty and lifestyle products, and fashion school Fashion Factory School in Moscow conducted a survey to study the demand for local brands in the country, as well as to identify the categories that lack products and the most promising niches for launching fashion brands. The audience chosen for...

BusinessFeatured

Global Fashion Group joins Global Fashion Agenda as strategic partner

Emerging markets e-commerce firm Global Fashion Group (GFG) has announced it will be joining sustainable nonprofit, Global Fashion Agenda (GFA), in a strategic partnership. It will become the first partner to be operating across Latin America, the CIS, Southeast Asia and Australia, supporting the organisation’s mission to empower the fashion...

Report

Global Fashion Group raises full year outlook after strong Q3

Global Fashion Group S.A. (GFG) has updated its outlook for the current financial year as a result of strong trading in Q3. The company said in a statement that it now expects to be profitable with respect to adjusted EBITDA and achieve constant currency net merchandise value (NMV) growth of around 23 percent, delivering 1.9 billion euros NMV...

Report

Global Fashion Group Q2 sales increase by 11.3 percent

Global Fashion Group S.A. (GFG) revenues increased 11.3 percent and net merchandise value (NMV) increased by 22.8 percent to 488.3 million euros for the second quarter. In euro terms, revenues dropped 1.8 percent to 336.1 million euros. The company said in a statement that marketplace NMV grew by 90 percent resulting in 31 percent share compared...

Report

Global Fashion Group postpones IPO

Fashion e-tailer Global Fashion Group (GFG) has postponed its planned initial public offering (IPO) until July. The offer period for the IPO, which was planned to end 25 June, has now been set for 28 June, while the company’s shares, which were expected to start trading on 27, will now start trading on 2 July. The company, which operates...

Report

Global Fashion Group announces price range for IPO

Global Fashion Group (GFG) has set the price range for its planned initial public offering (IPO) at 6 euros to 8 euros per share as the global fashion e-tailer prepares to float on the Frankfurt Stock Exchange. The offer period is expected to commence on 18 June and to expire on 25 June, while trading in the company’s shares on the regulated...

ManagementFeatured

Global Fashion Group prepares IPO

Fashion e-tailer Global Fashion Group (GFG) has announced its intention to conduct an IPO and a listing of its shares on the Frankfurt Stock Exchange. The company, which operates e-commerce platforms The Iconic, Zalora, Dafiti and Lamoda, said it intends to raise approximately 300 million euros in the planned offering, and will use the money to...

Report

N Brown partners with Lamoda and The Iconic for Simply Be

N Brown Group has partnered with Global Fashion Group (GFG), owner of fashion platforms Lamoda and The Iconic. The company said, Lamoda will feature a capsule collection from Simply Be’s A/W18 range, providing reach across multiple cities in Russia and CIS (Commonwealth of Independent States). Meanwhile The Iconic, the company added, will expand...