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GLOBAL FASHION GROUP DELIVERS Q3 GROWTH AND REAFFIRMS FULL YEAR OUTLOOK Luxembourg , 11 November 2021 - Global Fashion Group S.A. ( " GFG " ) , the leading online fashion and lifestyle destination in growth markets , has reported Q3 growth across all customer metrics . Revenue Em % Constant Currency Growth % € Growth NMV € m % Constant Currency Growth % € Growth Gross Profit € m ● % Margin of Revenue EBIT € m Loss for the period € m Adjusted EBITDA € m % Margin of Revenue Q3 2020 336.5 20.6 % 3.5 % 503.4 34.5 % 16.0 % 149.5 44.4 % ( 8.3 ) ( 14.6 ) 10.3 3.1 % Q3 2021 366.2 8.5 % 8.8 % 572.2 12.4 % 13.7 % 167.6 45.8 % ( 29.5 ) ( 34.9 ) ( 7.5 ) ( 2.1 ) % YTD 2020 Christoph Barchewitz and Patrick Schmidt , Co - CEOs of GFG , said : 944.1 13.7 % 1.7 % 1,363.8 24.2 % 11.4 % 403.2 42.7 % ( 58.8 ) ( 95.5 ) ( 2.9 ) ( 0.3 % ) YTD 2021 1,064.8 18.9 % 12.8 % 1,632.1 25.9 % 19.7 % 484.2 45.5 % Q3 2021 Highlights ( growth rates at constant currency ) Net Merchandise Value¹ growth of 12.4 % ( Q3 / 20 : 34.5 % ) Revenue growth of 8.5 % ( Q3 / 20 : 20.6 % ) Marketplace NMV grew by 28 % yoy , achieving 40 % participation ( Q3 / 20 : 34 % ) Gross Margin 45.8 % ( Q3 / 20 : 44.4 % ) and Adj . EBITDA Margin ( 2.1 ) % ( Q3 / 20 : 3.1 % ) Strong Active Customer growth , up 9.7 % , Order frequency increasing 10.9 % with NMV per Active Customer up 15.5 % to € 131.5 ( 80.6 ) ( 100.0 ) ( 7.4 ) ( 0.7 ) % " Fashion demand is still recovering to pre - pandemic levels in our markets , so we are very proud of our team having delivered continued growth following an exceptional Q3 last year . We continue to see strong improvement across all of our customer metrics , with an 11 % increase in order frequency and 15 % growth in NMV / Active Customer . In a market with over 1 billion potential consumers where e - commerce adaptation continues at pace , we remain confident of the opportunity ahead . " 1