Rocket Internet’s Global Fashion Group posts EUR32 million loss for Q3

Rocket Internet’s Global Fashion Group posts EUR32 million loss for Q3

For the third quarter of 2017, Global Fashion Group, one of the holding unit of Rocket Internet said it recorded a net loss of EUR32 million.

The result is a slight improvement over 33 million posted last year. It further reveals whether the company has reached a saturation point where it can no longer break even.

Gross revenue for the year rose from EUR219.7 million last year to EUR265.1 million.