Global Fashion Group’s (GFG) CFO, Helen Hickman, has joined the management board of the company.
Meanwhile, Gunjan Soni has resigned as COO and CEO of Zalora, also stepping down from the board.
The COO role will not be replaced.
GFG’s 2024 NMV fell 8 per cent YoY.
Full year adjusted EBITDA met guidance, with €222 million (~$229.4 million) pro-forma cash and €164 million (~$169.95 million) net cash.