Net revenues at sneaker maker Golden Goose rose 13% last year

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March 12, 2025 11:15 AM EDT

FILE PHOTO: A worker stands in a Golden Goose store in Milan, Italy, April 9, 2024. REUTERS/Claudia Greco/File Photo

MILAN (Reuters) - Italian luxury sneaker maker Golden Goose reported a 13% increase in net revenues last year to 655 million euros ($715 million), helped by 24 new store openings.

Its adjusted core profit (EBITDA) rose 14% to 227 million euros in 2024.

Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, bought a 12% stake in the Italian group in January, after the Permira-backed company abruptly pulled plans for a stock market listing last year. ($1 = 0.9165 euros)

(Reporting by Elisa Anzolin; Editing by Keith Weir)


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