Global Fashion Group Reports Q3 2026 Results

Global Fashion Group S.A. (GFG), a key player in online fashion markets in ANZ, LATAM, and SEA, announced financial outcomes for Q3 2026. The Group experienced a 5.4% decrease in Net Merchandise Value (NMV) and a 7.7% revenue decline, while achieving gains in gross margin, reaching 47.0%, an increase from last year's 46.1%. Adjusted EBITDA rose to €3.4 million, reflecting a 2.1% margin.

Despite a 7.2% drop in active customers, order frequency improved by 1.8%. Australian and New Zealand operations showed moderate growth despite economic challenges. However, LATAM and SEA faced declines due to economic uncertainty and strategic prioritizations focusing on profitability.

The Group's Q3 Normalised Free Cash Flow significantly improved, indicating enhanced operational efficiency. GFG expects a robust Q4, traditionally a peak economic period, maintaining its growth forecast with strategic brand launches and improved delivery services.