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Europe’s GFG posts ~$1.16 billion NMV in 2025

Global Fashion Group (GFG) generated ~$1.16 billion NMV in 2025, with Q4 contributing a third.
ANZ and LATAM grew NMV and delivered positive Adjusted EBITDA, while SEA remained challenged.
Gross margin rose to 46.4 per cent, driving ~$10.44 million Adjusted EBITDA and near NFCF breakeven.
In 2026, NMV is expected at ~$1.15–1.24 billion, with Adjusted EBITDA ~$17.4–29 million.Global Fashion Group (GFG) generated ~$1.16 billion NMV in 2025, with Q4 contributing a third.
ANZ and LATAM grew NMV and delivered positive Adjusted EBITDA, while SEA remained challenged.
Gross margin rose to 46.4 per cent, driving ~$10.44 million Adjusted EBITDA and near NFCF breakeven.
In 2026, NMV is expected at ~$1.15–1.24 billion, with Adjusted EBITDA ~$17.4–29 million.

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