Golden Goose Sees DTC Fuel Growth
The luxury sneaker brand’s adjusted EBITDA improved 9% in the first half to €122.9 million ($142.9 mm) on 15% higher sales of €380.4 million ($442.3 mm), driven by direct-to-consumer, which climbed 22% year-over-year to €309.6 million. Wholesale revenue, however, was off 6% in the half, but returned to positive growth with a 5% increase in the second quarter as the brand continues executing its selective wholesale strategy. All regions were up double digits, with ... Log in to view full article.
