Golden Goose’s Bottom Line Rises 8%
The luxury Italian sneaker maker’s adjusted EBIT was up by 8% to €118.5 million for the first nine months of 2024, on revenues that rose by 12% constant currency to €466 million, in line with a pre-announcement earlier in the month. Gains were driven by direct-to-consumer sales and strength in the EMEA region. Golden Goose achieved 49% of its revenues in EMEA, 38% in the Americas, and 13% in Asia-Pacific. Sales in the third quarter also grew by 12%, continuing the trend from the year's first half.
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