
The Italian brand reported a 39 per cent sales decline to €243.6 million in its first half that ended on June 30, compared to sales of €399.4 million in the same period last year, but e-tail surged.
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The Italian brand reported a 39 per cent sales decline to €243.6 million in its first half that ended on June 30, compared to sales of €399.4 million in the same period last year, but e-tail surged.
In 2019, Geox generated a revenue of €805.9 million, equivalent to a 3.3% shortfall at constant exchange rates. The footwear group is downsizing in the multibrand and franchised retail channels to reduce business risk.
Marco Dippe has been promoted to the role of CEO of EMEA & Global Travel Retail, while Marcus Meyer will take over as CEO of Central & Northern Europe.
The renowned photographer will hold an exhibition of his favourite works in Milan from Oct.18, 2019, to Feb. 24, 2020. Entitled "From Portraiture to Fashion," it will be staged at the 29 Arts in Progress gallery.
The Italian footwear group closed H1 2019 with a revenue of €399.4 million, down 3.5% compared to the previous financial year. EBITDA lost nearly 26%, reaching €18.7 million.
The Italian footwear brand, known for the ‘shoes that breathe’, recorded a revenue of €827.2 million in the 2018 financial year, with operating margin falling significantly and net income in the red.
The Italian luxury label owned by LVMH is looking for a successor to GM Mauro Grimaldi, who left last month, and has appointed Giorgio Presca (ex-Golden Goose) as general manager ad interim.
Geox, the techy Italian footwear giant, and Dragon, the Formula E team owned by media investor Jay Penske, have signed a strategic long-term agreement that will result in the race car changing its name.
The Italian label powered up its No_Code avant-garde unisex line by putting Korean Yong Bae Seok in charge of designing the hybrid ‘shoeker’ shoes and other products.
Italian shoemaker Geox gave a cautious outlook for full year revenue after a steep first quarter sales drop due to a retail overhaul, lower discounted sales and poor weather.