×
225
Fashion Jobs
BVR PEOPLE CONSULTING
Production Manager/Chennai
Permanent · Chennai
COLUMBIA PETRO CHEM PVT. LTD.
Assistant Production Manager (Area Floor Manager)
Permanent · Navi Mumbai
GANESH GRAINS LTD
Looking For Area Sales Manager For hq Raipur, Chhattisgarh
Permanent · Raipur
FOCUS LIGHTING AND FIXTURES LIMITED
State Head / Area Sales Manager / Bdm / Sales Manager
Permanent · Ahmedabad
TRANSASIA BIO-MEDICALS LTD.
Area Sales Manager - Pune / Sangli / Nanded
Permanent · Pune
TATA AIA LIFE INSURANCE
Openings For Area Sales Manager – Dbs Lvb
Permanent · Chennai
OMSOM GROUP
Looking For Production Manager From Rice Processing Plant - Vashi
Permanent · Navi Mumbai
ALUDECOR LAMINATION PVT LTD
Area Sales Manager(Projects)- Kolkata
Permanent · Kolkata
INCREDIBLE TECHNOLOGIES PRIVATE LIMITED
Opening For Area Sales Manager at Bangalore
Permanent · Pune
MEDLEY PHARMACEUTICALS LTD
Medley - Regional Sales Manager - Pune - Cardio And Diabetic
Permanent · Pune
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Chennai
Permanent · Chennai
SALASAR BALAJI INDUSTRIES
Area Sales Manager
Permanent · Guwahati
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager
Permanent · Pune
INDUSIND BANK LIMITED
Area Sales Manager - Home Loan @ Indusind Bank
Permanent · Kolkata
NAVIN FLUORINE INTERNATIONAL LIMITED
Opening For dy. Manager - hf Production at Nfil, Surat
Permanent · Surat
NATIONAL PLASTIC INDUSTRIES LTD
Opening For Area Sales Manager
Permanent · Mumbai
DAMYAA (P.J) FOODS PRIVATE LIMITED
Area Sales Manager - Jabalpur & Chhattisgarh
Permanent · Bhopal
M/S. D2C INSURANCE BROKING PRIVATE LIMITED
Area Sales Manager
Permanent · Hyderabad
MCUBE CONSULTANTS
Area Sales Manager/ Sales Officer
Permanent · Indore
XOTIK FRUJUS PVT. LTD.
Area Sales Manager (gt)-Mumbai
Permanent · Mumbai
EXPONENT JOBS
Production Manager (Non Veg - Sausage), Location- Angola (Africa)
Permanent · Angola
HARI DARSHAN SEVASHRAM (P) LTD
Area Sales Manager - Maharashtra
Permanent · Pune
Translated by
Nicola Mira
Published
May 12, 2017
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Geox revenue grows in first quarter 2017

Translated by
Nicola Mira
Published
May 12, 2017

Italian footwear manufacturer Geox has closed the first quarter 2017 with a 1.2% increase in sales, reaching €297.9 million. "I'm satisfied by our group's first quarter results. Revenue grew thanks to the positive performance of the wholesale channel, where sales increased by 6.3%. Overall, our growth was driven by strong results in Russia, Eastern Europe and China, as well as by a boom in online sales, which increased by more than 30%," said Mario Moretti Polegato, the group's President and founder.
 

Geox shoes - Geox


Shoe sales, which accounted for 90% of consolidated revenue, remained stable at +0.8% compared to 2016, reaching €267.4 million. As for ready-to-wear apparel, which for the time being accounts for only 10% of consolidated revenue, its sales grew by 4.5%, up to €30.5 million.

Market-wise, Italy remains Geox's leading country, with a 33.5% share of sales and a revenue on par with 2016. The rest of Europe generated 42.3% of sales, down 1.9%, North America generated 4.9% of sales, down 7.8%, and the rest of the world accounted for 19.3% of sales, up 14.2% thanks to strong results across all markets, except for Hong Kong.

As for the distribution channels, wholesale accounted for 53.2% of sales (+6.3%), and retail for 46.8% of the total (-4%, with 18.8% of sales coming from franchised stores and 28.8% from directly owned ones). According to Mario Moretti Polegato, "these results are proof of the power and effectiveness of our strategic decisions, focused on solid, profitable growth. I am confident we will produce a positive performance this year, generating a level of profits consistent with our objectives."

Copyright © 2021 FashionNetwork.com All rights reserved.