Geox ends its first quarter of 2017 with a revenue on the rise by 1.2%, thanks to the performance of the multibrand channel and thanks to the excellent performance by Russia, Eastern Europe, and China, which grew by 6.3%, as well as the e-commerce channel that registered a double-digit increase of +30%.
Footwear represented 90% of the turnover, a third of which can be attributed to the Italian market.
“These results confirm the strength and efficiency of our choices – comments Mario Moretti Polegato, President and Founder of Geox (here pictured) – I am confident that the current financial year of the group will generate positive results, with a profit margin in line with our expectations”.