Italian shoemaker Geox on Thursday said it expects its 2024 revenue to be ‘broadly in line’ with 2023 after posting a 2.2 per cent drop in full-year sales.
The group, which produces waterproof and breathable apparel and footwear, also said it expected a “slight” further improvement in industrial margins compared to its full-year 2023 guidance.
Geox reported sales of 719.6 million euros ($781.49 million) sales for 2023.
Geox was founded in 1995 in Italy by Mario Polegato and is a shoe brand which manufactures shoes with breathable fabric. The brand also has presence in India with stores in Chandigarh, Gurugram, New Delhi and Noida.
