As technology advances and it becomes easier to shop from anywhere, the world is getting smaller. The global cross-border e-commerce market is estimated to be worth $2.2 trillion by 2026, growing at a CAGR of 17 per cent since 2019.
The Annual General Meeting (” AGM “) of the shareholders of Global Fashion Group SA (the ” GFG”), held in person in Luxembourg on 14 June 2023, approved all resolutions on the agenda. The AGM approved not only the final appointment of the members of the Supervisory Board of John Baker, but also the development plan of the Merchandising Division.
Merchandising is in full swing for the Global Fashion Group in 2023, with 185,600 new sellers added to the GFG globally as of 30 June, which equates to more than 1,000 new sellers per day, 85 new sellers per hour and 1.5 new sellers per minute. It is predicted that 600,000 new sellers will be added by the end of 2021, by which time GFG sellers will break through to 1 million.
The best time to open online shop start business
With the increasing globalisation of trade, more and more SMEs are enjoying the growth opportunities brought about by cross-border e-commerce.
Over the past five years, the global retail e-commerce total has grown at an average annual year-on-year rate of more than 22%, and the growth trend is expected to continue. It’s the perfect time to get into cross-border e-commerce!
Large GFG Platform Traffic
GFG is the best choice for you to develop cross-border e-commerce by gathering more than 100 million global consumer power and massive advantageous resources. GFG has 800 million global active users, huge traffic, covering the world; GFG has direct access to global consumers and millions of high-quality enterprises.
Advantages of GFG’s online shop programme
1. Provide online training, which is good for newbies to start learning quickly.
2. Get help from Merchants Manager. Including guidance on opening shops, advice on product selection and declaration of some activities, etc. You can apply for online spike activities;
3. Simple to apply for shop information, the Global Shop Plan is intended to screen high-quality sellers stationed on the GFG platform, so the qualifications of sellers are more stringent, but the investment manager will help to review the shop information and assist in the successful opening of the shop;
Registered in Luxembourg and headquartered in Singapore and London, U.K., GFG currently operates through its four regional companies in 24 markets with a combined population of more than one billion people, serving a fashion market estimated to be worth more than €350 billion.
With more than 10 warehouses operating globally, including THE ICONIC’s new 19,000 square metre ‘distribution centre’ in Australia and ZALORA’s new regional e-distribution centre in Malaysia, GFG is in a strong position to sign up for an online shop;
New sellers who sign up now and go live on 1 November have until the end of 2023 to benefit from the services of Manager.
You can go online and sell anytime after you complete the registration audit, and get orders early!
Meanwhile, no matter how much you know about cross-border e-commerce operations, we have a plan to help you get started quickly and help new sellers get to the world in one stop!
Media Contact
Company Name: Global Fashion Group
Email: Send Email
Country: Luxembourg
Website: https://global-fashion-group.shop/