
Edison Issues Report On Global Fashion Group (GFG)
Global Fashion Group (GFG) operates leading fashion and lifestyle platforms that enable brands to reach customers in a mix of developed and developing markets with high growth potential. Management has responded to industry-wide competitive and macroeconomic challenges by focusing its geographic coverage and refining its product offer and customer engagement, which is leading to more encouraging trends in customer numbers and spend per customer. This gives management confidence to guide to a significant increase in profitability in the medium term, to levels comparable with its peers. This is significant given GFG's low absolute enterprise value, with a market capitalisation broadly similar to its net cash position including leases and low multiples versus its peers.
Click here to read the full report.
All reports published by Edison are available to download free of charge from its website
Edison is authorised and regulated by the Financial Conduct Authority .
Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Psy Develops First Trustless Bridge From Dogecoin To Solana
- Tbtc Launches On Starknet: Expanding Bitcoin's Role In Multi-Chain Defi
- Thinkmarkets To Launch Traders' Gym On Its Mobile App
- Gomble Games Launches GOMBLE BUILDERS: A Web3 Game Creation Platform Built By Communities, Made For The Masses
- B2BINPAY And Athletic Club Continue Partnership Into New Season
- Primexbt Expands Global Reach With FSCA-Regulated Crypto Asset Services
Comments
No comment