×
31 042
Fashion Jobs
ROSS STORES
Store Protection Specialist
Permanent · Clarksville
ROSS STORES
Store Protection Specialist
Permanent · Miami
ROSS STORES
Store Protection Specialist
Permanent · Louisville
ROSS STORES
Store Protection Specialist
Permanent · Lafayette
ROSS STORES
Store Protection Specialist
Permanent · Englewood
ROSS STORES
Store Protection Specialist
Permanent · Woodbury
ROSS STORES
Store Protection Specialist
Permanent · Gainesville
ROSS STORES
Store Protection Specialist
Permanent · Bozeman
COTY
Technical Packaging Manager
Permanent · Cockeysville
NORDSTROM
Loss Prevention Security Ambassador San Leandro Rack
Permanent · San Leandro
NORDSTROM
Loss Prevention Agent Green Hills
Permanent · Nashville
NORDSTROM INC
Assistant Loss Prevention Manager – 12th st. Rack
Permanent · Washington, D.C.
NORDSTROM INC
Senior Operations Manager 2 - San Bernardino, ca
Permanent · San Bernardino
NORDSTROM
Loss Prevention Security Ambassador Chandler Festival Rack
Permanent · Chandler
NORDSTROM
Loss Prevention Security Ambassador University Crossing Rack
Permanent · Orem
NORDSTROM
Loss Prevention Security Ambassador (Part-Time And Full-Time) - Pentagon Center Rack
Permanent · Arlington
NORDSTROM INC
Asset Protection Security Ambassador- The Oaks
Permanent · Thousand Oaks
KOHLS
Full-Time Loss Prevention Service Specialist
Permanent · Campbell
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Hoover
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Council Bluffs
KOHLS
Full-Time Loss Prevention Service Specialist
Permanent · Albuquerque
KOHLS
Full-Time Loss Prevention Officer
Permanent · Las Vegas
Published
Nov 18, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Global Fashion Group plans to raise €120m via share placing

Published
Nov 18, 2020

Global Fashion Group is aiming to raise €120 million via an equity raise with the share placement being launched immediately and the new shares only offered to institutional investors.


Global Fashion Group



The company, which operates international fashion e-tail brands including Dafiti, Lamoda, Zalora and The Iconic, intends to use the net proceeds “to further accelerate the delivery of its mid-term growth strategy by additional investments in its customer value proposition, technology platform, delivery infrastructure, and for general corporate purposes”.

It’s planning to “take advantage of the increased marketplace base, broader assortment and improved unit economics to accelerate fashion e-commerce adoption in its markets as well as to increase loyalty and shopping frequency with its customers”.

The company has been expanding fast in recent periods and while it’s loss-making on a statutory basis, it has seen profitable quarters on an adjusted EBITDA basis, and its overall results have been on an upwards trajectory.

Back in July, its preliminary Q2 figures showed improving profitability and cash flow and that it was making the most of the shift towards e-commerce in this most difficult year.

It said at the time that “customer acquisition, Marketplace share growth and brand relationships have been accelerated” over the previous few months.

Copyright © 2021 FashionNetwork.com All rights reserved.