Global Fashion Group

Global Fashion Group

Digital & Ecommerce

Year of Investment: 2013

Investment Status: Active

Verlinvest contact: Raphael Thiolon

Visit Website

Overview

Online fashion retail in emerging markets

The Global Fashion Group (GFG), was created in early 2015, through the merger of six leading fashion ecommerce companies focusing on emerging markets: Dafiti (Latin America), Lamoda (Russia & CIS), Zalora (South-East Asia), Jabong (India), Namshi (Middle-East) and The Iconic (Oceania). The Group employs over 10,000 people and operates across four continents and 25 countries, targeting a EUR 365bn fashion market of 3.5bn people who rapidly move online and purchase via e- commerce, often leapfrogging traditional brick & mortar retail.

The GFG brands offers a wide assortment of 3,000+ leading international and local brands, as well as a selection of its own private labels. GFG invests consistently in delivering the best customer experience, including best-in-class merchant apps and last mile delivery networks.

The six GFG businesses were founded by German Rocket Internet and Swedish Investment AB Kinnevik in 2011/2012, replicating successful Zalando business model in developing countries through a mix of common strategy but tailored approach to each local market. Verlinvest initially invested in Zalora and Jabong in May 2013, before rolling up its investments into GFG.

Find us
Brussels

Place Eugène Flagey 18
B-1050 Brussels

Singapore

Verlinvest Asia Pte Ltd.
163 Penang Road, Winsland House 2, #04-04
Singapore 238463

New York

215 Park Avenue South, Suite 2005
New York, NY 10003

London

Suite 4.08
12 Red Lion Square,
London WC1R 4QH

Get in touch
© Verlinvest 2020