Global Fashion Group Reports Q3 2026 Financial Results

Global Fashion Group reported Q3 2026 NMV down 5.4% year over year and revenue down 7.7% on a constant-currency basis. Gross margin was 47.0%, while Adjusted EBITDA rose to €3.4 million from €0.9 million a year earlier, supported by profitability, unit-economics and fixed-cost initiatives. The company said it was close to Normalised Free Cash Flow breakeven on a last-twelve-months basis and maintained its 2026 guidance, but expects NMV growth toward the bottom of its range amid challenging October trading.