First half (H1) sales at Italian brand Geox grew 8.4% to €264m compared to €243.6 million in same period of FY20. Despite challenges during Q1, the company recovered strongly in the next quarter where sales expanded 91%.
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.
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.
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.