Geox targeting revenues 100 million euros in China and Hong Kong

The maker of "breathable shoes" is targeting revenues of around 100 million euros in China and Hong Kong in 2016 as a result of new planned store openings in the region, Il Sole 24 Ore said on Sunday citing the company's three-year industrial plan.

Geox expects revenues of around 820 million euros in 2012 from 887.3 million euros in 2011, with a net profit of 23-26 million euros from 50.2 million euros in 2011, the newspaper said.