MILAN — The expansion of direct-to-consumer sales and investments in consumer experience contributed to a solid growth of Golden Goose across geographies in the primary nine months of the yr.
Revenues of the Italian brand rose 19 percent to 421 million euros within the period ended Sept. 30. Compared with 2021, sales climbed 60 percent. Within the third quarter of 2023, revenues were up 16 percent to 144.6 million euros compared with the identical period last yr.
Profitability continued to grow with the earnings before interest, taxes, depreciation and amortization margin rising to 34.8 percent. Within the third quarter, the adjusted EBITDA increased by 18 percent year-on-year.
“Our performance today shows the facility of our determination, innovation and ambition,” said chief executive...
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