Golden Goose grows 21% in H1
In H1 2023, Italian luxury sneakers brand Golden Goose generated a net revenue of €276.4 million, equivalent to a 21% growth over the previous year, and a remarkable 65% improvement over H1 2021. EBITDA was also up, growing 34.6%.
“2023 is proof once again of the power of our brand and our community. We are opening new stores, introducing new product lines and new ways of interacting with our customers, while the Golden Goose family continues to expand,” said CEO Silvio Campara. “Sales are soaring worldwide, and our customers are increasingly buying directly from us,” he added.
Golden Goose posted double-digit growth in all its main markets: the Americas region grew by 12%, Europe by 24%, and Asia-Pacific by 19%.
The company’s efforts to focus on a direct-to-consumer strategy are bearing fruit, as D2C sales grew 69% in H1.
In 2022, Golden Goose reported a revenue of €501 million, bolstered by strong improvements in the Americas, and in the direct retail and e-tail channels. The Americas was the fastest-growing region last year, with sales up by 55%, followed by EMEA, where sales were up by a third.
Copyright © 2023 FashionNetwork.com All rights reserved.
