Global Fashion Group S.A. (GFG), the leading fashion and lifestyle destination in ANZ, LATAM and SEA, held its Annual General Meeting (AGM) in Luxembourg on May 20, 2026, where shareholders approved all resolutions on the agenda. The meeting saw 58.32% of voting rights represented, indicating strong engagement from investors.
The AGM gave the green light to the consolidated and annual accounts for the financial year ended December 31, 2025. Shareholders also voted to discharge current and former members of the Management Board and Supervisory Board for their mandates during the 2025 financial year. Additionally, the revised Remuneration Policy was approved, and a new authorization was granted to the Management Board to acquire up to 20% of the company's fully paid-up common shares.
This authorization allows GFG flexibility in managing its capital structure, potentially for strategic purposes such as employee incentive programs or to return value to shareholders. The approval of the Remuneration Policy aligns executive compensation with long-term shareholder interests.
The outcomes of the AGM underscore shareholder confidence in GFG's strategic direction and governance. GFG operates three ecommerce platforms—THE ICONIC, Dafiti and ZALORA—serving a diverse market of 700 million consumers. The company emphasizes a data-driven, locally tailored approach to deliver an exceptional customer experience.
For more details, including a comprehensive list of all resolutions passed and the number of votes cast, please visit the Company website. The original press release is available on NewMediaWire.
