Soho
Geox Improved Performance
06.05.2014 5915

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

Sales of clothing and footwear in Russia decreased in units, but increased in value

According to a study by the Check Index resource of the fiscal data operator OFD Platform (takes into account data from 1,1 million online cash registers in Russia), conducted at the request of RBC, the volume of clothing and footwear sales in Russia fell sharply in the spring of 2022, but ...
26.09.2022 182

Milan MICAM recorded 35 visitors

A major exhibition event was held in Milan, bringing together international professional exhibitions MICAM, Mipel, TheOneMilano and HOMI Fashion&Jewels. The total number of guests of the exhibition project, which took place from 18 to 20 September 2022 in…
26.09.2022 133

Furla presented a new clutch at Milan Fashion Week

Furla discovered the infringement of women's rights in the music scene and released a protest limited collection of bags. The collection is based on a new model of the Metropolis cross-body clutch bag…
25.09.2022 182

US retail shoe prices up 8% in 5,7 months

According to the Footwear Distributors and Retailers Association of America (FDRA), shoe prices increased by 2022% in the first eight months of 2021 compared to the same period in 5,7. This growth is the most significant in recent…
25.09.2022 179

Salvatore Ferragamo changed the logo

The Italian luxury shoe and accessories brand Salvatore Ferragamo, following the latest trend of high fashion houses, has shortened its name, leaving only the name of its founder in the logo…
23.09.2022 263
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning