Companies

Golden Goose reports full-year double-digit revenue growth

Mar 5, 2026 Italy

The Italy-based luxury sneaker company reported a 15% net revenue growth in 2025 as compared to the previous year, driven by the expansion of its direct-to-consumer business

“I’m proud to be presenting our FY 25 results looking back at yet another year of strong, consistent growth and momentum for Golden Goose”, said Silvio Campara, Chief Executive Officer of Golden Goose Group.

In the twelve months ending on the 31^st of December 2025, the group reported a net revenue of 734 million euros, representing a 15% increase as compared to 2024. All regions recorded strong performance, with the EMEA growing by 18%, the APAC by 17%, and the Americas by 9%.

Full-year direct-to-consumer (DTC) net revenue increased by 21% year-on-year, with this channel representing 81% of total revenue (compared to 77% in 2024). This growth was supported by the opening of 17 new stores in 2025. The new locations include Tokyo Ginza, Mumbai, Manila, London’s Mount Street, Naples and Ibiza, bringing the total number of directly operated stores to 232.

Golden Goose recorded an adjusted EBITDA of 248.3 million euros in 2025, with a margin of 34%. This compares with an adjusted EBITDA of 227.3 million euros and an EBITDA margin of 34.7% in the prior year.

The company reported a cash position of 94.4 million euros and net leverage of 2.6x as of the 31^st of December 2025.

Among the most significant milestones of 2025 was also the entry of HSG and Temasek as strategic investors. “We were delighted to announce HSG and Temasek are joining the Group as new strategic investors to help advance our international ambitions and live up to our full potential as a next generation luxury brand”, added Campara.

“As we look ahead to 2026 and beyond, I am more excited than ever about Golden Goose’s potential and bringing even more of Italy to our community of Dreamers around the world”, he concluded.

Image Credits: fashionotography.com

Italy Companies Golden Goose Luxury Results Sneakers Year Results