
During the first half of 2014, the Italian footwear brand has confirmed the return to growth initiated in the first quarter. Meanwhile, its losses have deepened and its operating income has decreased.
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During the first half of 2014, the Italian footwear brand has confirmed the return to growth initiated in the first quarter. Meanwhile, its losses have deepened and its operating income has decreased.
After a difficult 2013, Geox starting off 2014 on a more positive note. The brand is bouncing back in its first quarter and aims to regain its balance this year.
Italian casual shoemaker Geox said sales fell 7 percent to 754.2 million euros in 2013, in line with company and analyst expectations, and said sales should rise in 2014 as it continues with a turnaround plan.
Italian shoemaker Geox is targeting annual sales of about 1 billion euros by 2016 under a strategic plan that also sees a return to profit growth via international expansion.
Italian "breathable" shoe maker Geox plans to return to growth by closing unprofitable stores, pushing harder into emerging markets and cutting costs through layoffs and a reduced product offering.
The Parisian trade show continues to grow with new exhibitors from Italy and Turkey and hopes to see an increased number of visitors this year.
After opening a subsidiary in China this past March, the Italian shoemaker annouces a retail agreement with RI Qing, a specialist in this field. The brand is planning on opening 400 stores in the next five years.
Italian upmarket shoemaker Geox appointed a new chief executive on Friday in a management shake-up aimed at boosting expansion in Asia to offset weaker sales in western markets.
The competing trade shows in the footwear market, Micam (Milan) and GDS (Düsseldorf) are preparing their September editions with a shared sense of satisfaction. Each show reports a stable number of exhibitors in a del...
The maker of "breathable shoes" is targeting revenues of around 100 million euros in China and Hong Kong in 2016 as a result of new planned store openings in the region, Il Sole 24 Ore said on Sunday.