Companies

Golden Goose off to a strong start in 2026

May 29, 2026 Italy

The Italy-based luxury sneaker company started 2026 with a solid year-on-year revenue growth of 10% in the first quarter, thanks to strong direct-to-consumer performance in key markets

“It’s been a strong start to 2026 for Golden Goose, with clear momentum across the business”, said Silvio Campara, Chief Executive Officer of Golden Goose. “Our constant revenue growth clearly reflects the strength of our brand and of our community-driven approach, resonating with the next gen luxury consumer”.

First-Quarter Results

In the first quarter of the 2026 financial year, the group reported a net revenue of 173.2 million euros, an increase of 10% compared to the same period of the previous year.

Direct-to-consumer (DTC) sales remained the main growth driver during this period, representing 81% of total revenue compared to 75% in the same quarter of 2025. DTC revenue grew by 19% year-on-year, fuelled by strong retail performance and store expansion. The digital channel also performed very well, matching retail momentum despite wider industry headwinds.

At the same time, wholesale revenue declined by 16% compared to the first quarter of 2025. This was due to shifts in delivery timing in EMEA, challenging conditions in the US wholesale market and the strategic downsizing of South Korean e-retail partners.

APAC was the top-performing region in the first quarter, with 17% year-on-year growth, driven by 20% DTC growth, double-digit like-for-like sales, and store expansion. The Americas grew by 14% year-on-year, driven by 20% DTC growth and a solid like-for-like performance. Meanwhile, EMEA grew by 6%, with strong DTC growth being partly offset by weaker sales in the Middle East following the conflict in Iran in March.

In the first quarter of the current financial year, Golden Goose recorded an adjusted EBITDA of 55.3 million euros, equating to a margin of 31.9%.

“Looking ahead, we remain focused on what makes Golden Goose truly “younique” – focusing on Co-Creation, shared moments and personal authenticity , while strengthening our DTC model and bringing the Golden Goose experience to the world through creativity and passion”, Campara concluded.

Image Credits: goldengoose.com

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