Global Fashion Group postpones initial public offering
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FRANKFURT (Reuters) - Global Fashion Group (GFG), an online fashion retailer focused on Asia and Latin America, is postponing its initial public offering until July, which sources close to the matter said was due to low investor demand. GFG said on Tuesday that the offer period for the IPO, which had been scheduled to end on Tuesday, would be extended to June 28. The offer period is when potential investors put in bids for the shares being sold in an IPO.The company's shares, which had been..