Rieker
The owner of Lamoda Global Fashion Group raised 120 million euros for the development of e-commerce
19.11.2020 5932

The owner of Lamoda Global Fashion Group raised 120 million euros for the development of e-commerce

Global Fashion Group, which manages one of the largest online fashion stores in Russia Lamoda, raised about 120 million euros ($ 140 million) during exchange trading. The company plans to use this money to develop its own projects for marketplaces of fashionable goods, investing, among other things, in technologies that help optimize online business.

Global Fashion Group develops projects of fashion marketplaces in the markets of developing countries, and in addition to the Russian platform Lamoda, among its projects is the Australian marketplace The Iconic, the marketplace Zalora operating in the markets of the South-East Asia and the marketplace of fashionable goods Dafiti, covering a number of Latin American countries. ...

“Today, GFG operates in emerging markets in countries with low e-commerce penetration in fashion. The potential of these markets is over a billion customers, and our prospects are enormous. With this deal, we have even more resources to strengthen the fashion e-commerce business and to support the next phase of our growth, ”said Patrick Schmidt, Co-CEO of Global Fashion Group.

Global Fashion Group, which manages one of the largest online fashion stores in Russia Lamoda, raised about 120 million euros ($ 140 million) during exchange trading. This money company ...
5
1
Rating

Latest News

Salvatore Ferragamo once again demonstrates the F-shaped heel

Salvatore Ferragamo's 2021 F-heel follows the curved heel of the original once created by the brand's founding father. The unique shape of the heel creates the impression that the wearer's foot is flying through the air.
05.03.2021 83

Turkish shoe exhibition Eksposhoes Antalya will be held from 18 to 20 May

Despite the pandemic and the associated restrictions on international travel, Turkey's borders remain open to guests from Russia, and the Eksposhoes Antalya shoe exhibition is once again ready to host Russian buyers.
05.03.2021 87

Lacoste has released a new model of unisex sneakers in retro style

French sportswear brand Lacoste's Match Break sneaker is a combination of an archival silhouette and state-of-the-art technology. The design of the retro sneaker combines clean lines with a calm color scheme.
03.03.2021 129

Rendez-Vous introduces its new spring / summer 2021 footwear collection

In the current collection of the Rendez-Vous chain of footwear and accessories stores, shoes from such brands as Kenzo, Vagabond, MM6, Giovanni Fabiani, Marc Jacobs, Converse, Dr. Martens, See by Chloe, Nike, Nando Muzi, Guess, Loriblu, ...
03.03.2021 143

Rieker sells 24 pairs a year. Shoes Report's Youtube channel published an interview with Riker Vostok CEO Shahin Asadov

Despite the pandemic, German footwear brand Rieker is celebrating a good year and expects sales to rise in the coming season.
03.03.2021 650
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning