Geox noted growth of 9,3%
10.03.2015 5691

Geox noted growth of 9,3%

Geox ended 2014 with a turnover of 824,2 million euros, an increase of 9,3% compared with 754,2 million a year earlier.

The group again ended the reporting period at a loss, but the net indicator fell to 2,94 million euros from 29,74 last year.

“The results achieved by the group in 2014 confirm the correctness of the chosen path of renewal and development. - said Mario Moretti Polegato, President and Founder of Geox. - Sales growth was noted both in multi-brands (+ 15,9%) and in franchised stores (+ 10,4%). Our own points of sale also recorded strong performance with a 7,9% increase in revenue in 2014. "

The company is optimistic about the future and plans to continue development in Italy (33,1% of turnover), and in other European markets.

Geox ended 2014 with a turnover of 824,2 million euros, an increase of 9,3% compared to 754,2 million ...

Latest News

LIMÉ opened a flagship in a mansion on Kuznetsky Most

The flagship store of Russian clothing retail LIMÉ opened on five floors of an old mansion built in 1903 on Kuznetsky Most Street in Moscow. The store occupied the space of the former Nike flagship. And even earlier in the 1940s. Here…
23.07.2024 68

Rendez-Vous launched cross-promotion with Ile de Beaute

Russian shoe retailer Rendez-Vous continues to launch cross-promotions with different companies from the retail sector. One of Rendez-Vous’s regular partners is the cosmetic chain “Ile de Beaute.” Two brands...
23.07.2024 93

Tom Ford changes creative director

Peter Hawkings, Tom Ford's longtime deputy who took over as the brand's creative director in 2023, has left the business, BOF writes, citing a statement from the Estée Lauder company. A successor will be announced in the "near future" -...
22.07.2024 253

Balenciaga promotes Rodeo Bag with the help of three star actresses

The advertising campaign for the luxury brand Balenciaga Rodeo Bag launched on July 18. Its main characters were three actresses - Isabelle Huppert, Kim Kardashian and Naomi...
22.07.2024 271

Adidas pulls out of sneaker campaign featuring Bella Hadid

A recently launched advertising campaign for Adidas Originals sneakers, the face of which was chosen by American supermodel Bella Hadid, unexpectedly found itself at the center of a public scandal. The ad caught the attention of the American Jewish...
22.07.2024 386
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning