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Revenue rises at Global Fashion Group

Group revenue at Global Fashion Group, which operates fashion ecommerce platforms Dafiti, LaModa, Namshi and Zalora, rose by 16.9% on a constant currency basis to €264m (£235m) in the third quarter of this year.

The retail group said it had seen strong growth in marketplace sales across Russia, Argentina and Australasia.

Global Fashion Group has added 1 million new customers since the start of this year, bringing the total number of active customers to 11 million.

Net orders grew by 25% in the third quarter of 2018.

Russian ecommerce platform LaModa launched two Inditex brands, Pull & Bear and lingerie retailer Oysho in the quarter.

Zalora, which operates in south east Asia, launched womenswear brand Revolve in Hong Kong.

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