World Footwear

Geox

Geox shuts down its New York office as part of a strategic review

Oct 1, 2024 / Italy
The Italian-based footwear brand has confirmed the closure of its NYC office, signalling a shift in its US business strategy after a 13.7% fall in North American revenue in the first half of 2024

Geox sales down in the first half

Aug 12, 2024 / Italy
In line with the start of the year, Geox has reported a 9.4% decline in first half sales, on a comparable basis to the same period of last year, as the wholesale channel continues to struggle in most of its markets

Sales decline at Geox

May 30, 2024 / Italy
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

Geox appoints new CEO amid slowing sales

Mar 7, 2024 / Italy
The Italy-based footwear group has confirmed a slowdown in sales in 2023, a year marked by “strong uncertainty”, and has announced the appointment of Enrico Mistron as its new CEO

Geox growth slows in 2023

Feb 7, 2024 / Italy
The Italian-based footwear group has seen its growth slow from previous years due to a complex macroeconomic environment and unusual weather events in May and September

Geox reports moderate growth

Nov 17, 2023 / Italy
The Italian-based brand recorded a positive performance in the year to date, but emphasised that the sales growth was moderate as compared to the last two years

Geox names Penélope Cruz as its first-ever brand ambassador

Oct 10, 2023 / Italy
The Spanish actress stars in the Italian brand’s advertising campaign for the autumn/winter collection. She has also designed with her sister a capsule collection for spring/summer 2024

Geox announces full year preliminary results ahead of expectations

Feb 10, 2023 / Italy
The Italian brand posted a sales growth of 21% in 2022 over the prior year, sustained by double-digit growth on all distribution channels and across all the main regions

Geox confirms full year outlook

May 30, 2022 / Italy
The Italian brand posted revenue growth in the first quarter of 2022, confirming its full year outlook, despite some pressures on margins due to supply chain constraints and the ongoing conflict in Ukraine

Geox closes 2021 with strong performance

Mar 8, 2022 / Italy
The Italian brand posted revenue growth of 13.8% over 2020, reaching 608.9 million euros in 2021, driven by the performance of the wholesale channel and the gradual reopening of stores

Geox reports solid performance

Nov 22, 2021 / Italy
The Italian brand announced revenue of 463.5 million euros in the first nine months of 2021, which reflects the positive impact of the gradual reopening of stores since the second quarter

Geox is closing its Serbian factory

Aug 11, 2021 / Serbia
The Italy-based company is closing down its Serbian plant in Vranje. The decline in demand for formal men’s and women’s shoes is pointed as the reason for the closure

Geox: sales still impacted by stores closure

May 19, 2021 / United States
During the first three months of the year, over one third of the network stores by Geox, were temporarily closed due to lockdowns, with a particularly significant suspension of activities in the main markets (Italy, France, Germany and the UK)

Geox announces first half results

Sep 1, 2020 / Italy
Preliminary consolidated sales in the first half of 2020 amounted to 243.6 million euros, down by 39%. The group's direct e-commerce channel recorded significant growth with more 40% compared with the end of June 2019

Geox: sales down in 2019 and a complex context

Jan 20, 2020 / Italy
The brand’s revenue amounted to 805.9 million euros in 2019, decreasing by 2.6%. Revenue from the footwear segment, which accounts for 89.4% of the consolidated turnover, totalled 720.8 million euros, down by 3.1%
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