Italian luxury sneaker brand Golden Goose has reported a 13% rise in revenues during the first nine months of the year, reaching US $ 600 million. The growth was driven largely by its direct-retail channel, which saw a 21% increase in sales and now contributes 79% of net revenue, fuelled by new store openings and sustained double-digit organic growth.
As of 30th September, Golden Goose recorded double-digit sales growth across all regions: 15% in EMEA and APAC, and 10% in the Americas. Adjusted EBITDA reached US $ 201 million, representing a 33.6% margin, while cash flow generation stood at US $ 107 million, underscoring strong liquidity.
Golden Goose now operates 227 mono-brand stores and concessions globally, adding 12 new locations in the period — among them Tokyo, Chengdu, Mumbai, Singapore, Manila, Ibiza and Milan — and launched its first two children’s stores in Milan and Dubai.
Its chief executive, Silvio Campara, said that Golden Goose had delivered another quarter of double-digit growth across all regions, “confirming the resilience” of its business model and the brand’s global resonance, and that the company was well placed to elevate co-creation and deepen connections with its global community.
In November, Golden Goose unveiled the Golden Goose Arena in Milan, designed by Novembre Studio, and signed up actress Jane Fonda to front the campaign for its Super-Star sneakers as part of a broader push to reinforce its luxury position and worldwide brand visibility.
