Global Fashion Group delivers NMV growth of 22.5 percent, revenues up 18.7 percent

Global Fashion Group (GFG) has reported full year net merchandise value (NMV) increase of 22.5 percent to 1,453 million euros (1,649 million dollars) year on year on a constant currency basis. Full year Revenue of 1,156 million euros, the company said, represented a 18.7 percent growth and adjusted EBITDA margin reached to negative 4.3 percent for the full year, increasing by 4.6 percentage points. With a growth of 14.7 percent compared to 2017, the group’s active customers reached 11.4 million at the end of this year.