Golden Goose Group S.p.A is reporting that net revenues for the 2025 first quarter amounted to €164.5 million (~$73 million), up 12 percent compared to the year-ago first quarter period.
The Milan-based premium fashion sneaker said Direct-to-Consumer (DTC) net revenue was up 19 percent year-over-year (y/y), accounting for 76 percent of net revenues. DTC accounted to 71 percent of total net revenue in the year-ago Q1 period.
Regionally, DTC sales grew 30 percent y/y in the EMEA region, 13 percent in the Americas region, and 9 percent in the APAC region, with the region returning to growth.
All percentage growth figures are based on constant-currency terms.
The global DOS network reached 218 stores at the end of the first quarter, with three new openings in the quarter.
Distribution developments included the opening of a Pop-Up at Selfridges’ The Corner Shop, focused on CoCreation and shared moments, a new Pop-Up in Manila, with the Fioreria Golden concept, and the launch of the new experiential store concept in the NYC Meatpacking District.
“We are very proud to see that Golden Goose continued to deliver double digit growth in 1Q 2025, driven once again by the exceptional performance of the OTC channel,” commented Silvio Campara, CEO, Golden Goose Group. “While we are very confident on the strength of our brand, we remain vigilant in the context of the current geopolitical and economic landscape. We are grateful and inspired by the continued support of our family and loyal community of customers.”
Image courtesy Golden Goose Group S.p.A
