Rieker
Geox Improved Performance
06.05.2014 5436

Geox Improved Performance

Italian footwear brand Geox, which ended 2013 with a loss of € 29,7 million, is returning to a positive performance.

 During the shareholder meeting, Mario Moretti Polegato, President and Founder of Geox, confirmed the strong performance of retail stores in the first quarter of 2014, as well as an increase in order volume for the fall-winter 2014 season, which demonstrates the growing interest from multi-brands in the main markets.

 

Polegato called 2013 "another year of transition, accompanied by restructuring costs, a difficult economic situation in Europe and a weakening of the multi-brand distribution channel." However, the positive results of the first quarter give hope for the possibility of achieving the strategic goals set for the current year. These goals, according to Polegato, are "to restore a competitive advantage through uniqueness and innovativeness of products, rationalize the mono-brand network and strengthen specialization in dividing markets and channels."

Italian footwear brand Geox, which ended 2013 with losses of € 29,7 million, returns to positive ...
5
1
Rating

Latest News

Detsky Mir expands its presence in the Urals

New stores of the Detsky Mir chain have opened in Chelyabinsk and Yekaterinburg. The tenth in a row in Chelyabinsk and the ninth in Yekaterinburg. Both new stores occupy 1000 sq. M. ...
22.04.2021 124

Turkish Eksposhoes will be held in June

The Turkish exhibition of shoes and leather accessories Eksposhoes will again be held in Antalya from 2 to 4 June 2021 and is glad to host buyers from ...
21.04.2021 127

Tod's Group has appointed Chiara Ferragni to the Board of Directors

The appointment of Chiara Ferragni, an Italian model and influential fashion blogger, to the board of directors of the Italian fashion group Tod's, was an important step for the famous brand of the same name, moccasins, as well as chic Roger Vivier shoes to conquer ...
21.04.2021 136

Expo Riva Schuh announced the dates of the summer exhibitions

The 95th Expo Riva Schuh and the 6th Gardabags, dedicated to the 2022 spring / summer collections, will be held at the Riva del Garda exhibition center from 18 to 20 July, a month later than ...
21.04.2021 253

Reseller sites LUXXY, themarket and commission WantHerDress announce merger

The Russian clothing and footwear reselling marketplace LUXXY has acquired an online site for the resale of themarket items, as well as the WantHerDress commission store with wardrobes of stars and ...
21.04.2021 220
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning