Geox Improved Performance
06.05.2014 7382

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

China's Anta Sport has cemented its place among the world's top three sporting goods market leaders.

China's Anta Sport Group announced its audited annual results for the year ended December 31, 2025 (the "financial…
20.04.2026 297

Ozon opens a second logistics hub in Krasnoyarsk Krai.

Investments in the construction of Ozon's new logistics center in the Krasnoyarsk Krai have exceeded 2 billion rubles. The logistics hub will cover over 35 square meters, allowing for the storage of 15 million items and the processing of up to 400…
20.04.2026 275

The new Birkenstock x Song For The Mute collaboration has been released.

The new collaboration between German Birkenstock and Australian Song For The Mute expresses four distinct personalities, offering four interpretations of the classic German sandal…
17.04.2026 1882

International sports brands are vying for the Chinese market.

International sports brands continue to seek entry into the Chinese market. The country is experiencing a boom in athletic lifestyles, and sneakers remain at the peak of popularity…
17.04.2026 712

The softest deerleather - the highest level of comfort in shoes

Reindeer leather is incredibly soft and durable. It's not only a premium product with a high level of comfort, but also a significant added value with an unbeatable price-to-performance ratio.
16.04.2026 883
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning