Italy
Golden Goose valued at up to 1.86 billion euros for IPO
The Italian luxury sneaker company is targeting a market capitalisation of up to 1.86 billion euros in its initial public offering on the Milan stock exchange, below earlier expectations
Giovanna Ceolini: We have many tough challenges on the horizon
We spoke to Giovanna Ceolini, recently re-elected President of Assocalzaturifici until 2027, to explore the association’s key priorities for the future in the face of a challenging economic climate. We also discussed the upcoming edition of MICAM, which has recently moved to a three-day format
Golden Goose to list in Milan in June
The Italian Luxury sneaker brand Golden Goose plans to list on the Milan stock exchange in June, saying it will sell 100 million euros worth of shares to fund expansion and pay down debt
Sales decline at Geox
The Italy-based group has reported a sales decrease of 13.5% in the first quarter of the year, as compared to the same period of 2023, mainly due to the performance of the wholesale channel in all regions
Weak performance in China affects Tod’s first quarter turnover
Ahead of the delisting, the Italian luxury group has reported a 6.7% year-on-year fall in turnover in the first quarter of the year, mainly due to a weak performance in the Chinese market
Expo Riva Schuh: latest shoe and bag trends to be showcased at Highlights area
At the next edition of the Expo Riva Schuh & Gardabags, which will be held from the 15th and the 18th of June, the Highlights area is set to consolidate its role as a benchmark for trends in the footwear and bag sectors
Global business platform Expo Riva Schuh & Gardabags to return in June
The next edition of the international Expo Riva Schuh & Gardabags trade fair will take place from the 15th to the 18th of June in Riva del Garda, Italy, showcasing the latest trends and innovations in the industry
2023: a slow year for Italian footwear exports
Footwear exports in 2023 faced a gradual decline, resulting in a year-end figure that was 0.6% lower in value as compared to the previous year. Negative import figures also suggest a lack of momentum in the market
Ferragamo posts revenue decline
The Italy-based luxury group saw its revenue fall by 18% year-over-year in the first quarter of the year, mainly due to a weak Chinese market and a difficult wholesale environment
Miu Miu drives growth for Prada
The Italy-based luxury group posted a strong performance in the first quarter of the year, with the Miu Miu brand standing out with a retail sales growth of 89% as compared to the same period in 2023
Golden Goose welcomes Bizzarri to the board at a time of strong momentum
Former Gucci president and CEO Marco Bizzarri joins the board of the Italian luxury sneaker company as sales continue to grow, driven by strong performance across all regions
Marco Gobbetti confirmed as CEO of Ferragamo
The Italy-based luxury group has confirmed the appointment of Marco Gobbetti as Chief Executive Officer and General Manager of the luxury company until the end of 2026
Portugal surpasses Spain in footwear production
Portugal has become Europe’s second-largest footwear producer, overtaking Spain. According to Eurostat, Portugal produced 85 million pairs of shoes in 2022, two million more than its Spanish rival
Golden Goose posts double-digit growth
Ahead of its initial public offering (IPO), the Italian-based luxury brand, known for its Superstar sneakers and distressed styles, has posted an 18% year-on-year net sales growth in 2023-
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