Global Fashion Group
Online fashion retail
Collection of six online fashion retailers created in 2015 to hold some of the internet assets of German incubator Rocket Internet and Sweden's Kinnevik. Operates across four continents and 25 countries.
|Global Fashion Group SA||LUX||website|
| Rocket Internet SE
owns 100% of Global Fashion Group SA
|Global Fashion Group SA|
The Ethical Trading Initiative (ETI) is an alliance of companies, trade unions and NGOs. They work in partnership to improve the lives of workers across the globe who make or grow consumer goods - everything from tea to T-shirts, from flowers to footballs. This company's membership status is 'Foundation stage'.
[Source 2018][More on Workers Rights]
|Rocket Internet SE|
This company has been criticised for its "copycat" strategy of founding startups which replicate the business models of other established, successful companies. Since starting in 2007, Rocket has backed about 75 tech start-ups in more than 50 countries. Many of these start-ups are 'copied' business ideas applied in emerging markets.
|Company Structure||Wholly-owned subsidiary|
|Revenue||1 billion euros in 2016|
|# Employees||9,500 in 2016|
|Subsidiaries||Internet Services Australia 1 Pty Ltd|