Companies

Golden Goose delivers strong nine-month performance

Dec 3, 2025 Italy

The Italy-based luxury sneaker has reported a 13% year-on-year increase in revenue in the first nine months of the year, driven by the strength of its direct-to-consumer (DTC) channel across regions

“Golden Goose has had another strong quarter of double-digit growth across all our regions, demonstrating the resilience of our business model and the global resonance of our brand. Driven by yet another step-change in DTC, we’ve delivered another quarter of uninterrupted, profitable growth”, commented Silvio Campara, Chief Executive Officer of Golden Goose Group.

Nine-Month Results

In the nine months ending on the 30^th of September, Golden Goose reported a net revenue of 517.1 million euros. This represents a 13% increase on a comparable basis to the same period in 2024, marking “another quarter of uninterrupted, profitable growth” – with double-digit increases in EMEA, APAC and the Americas, up by 15%, 15% and 10% year-on-year respectively.

During this period, the direct-to-consumer (DTC) channel accounted for 79% of the group’s total revenue, up from 74% in the first nine months of last year. This represents a year-on-year increase of 21%, driven by new retail openings and a double-digit like-for-like performance. By region, this channel recorded year-on-year growth of 24% in EMEA, 18% in the Americas, and 18% in APAC.

“We expanded our store network with unique openings, from Tokyo to Chengdu, reignited icons such as the Super-Star with bold new voices, launched a new sneaker silhouette, and we also opened the Golden Goose Arena in Milan – a place where sport, culture, and community meet”, emphasised Campara.

The group’s global Directly Operated Stores network reached 227 at the end of the period, with 12 new openings since 2024.

In the first nine months of this year, Golden Goose reported an adjusted EBITDA of 173.6 million euros, reflecting a 7% increase, as compared to the same period last year. This equates to an EBITDA margin of 33.6%.

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Italy Companies Golden Goose Quarter Results Results