Internet retailer Lamoda will receive part of the funds invested in Global Fashion Group (GFG) by the German corporation Rocket Internet SE and the Swedish fund Kinnevik.
The funds will be used to strengthen GFG projects in the emerging markets of Russia and the CIS. These include the fashion retailer Lamoda.
“Additional capital will give us the opportunity to get the maximum benefit against the background of the growing popularity of fashion-related topics and create a single infrastructure that will unite all our projects in different countries,” the company commented.
Recall that the Global Fashion Group unites five retailers from emerging markets - Russian Lamoda, Indian Jabong, Middle East Namshi, Latin American Dafiti and Asian-Australian Zalora. Today GFG is valued at $ 3,45 billion.