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Italian luxury brand Golden Goose has reported remarkable financial growth in the first half of 2023, demonstrating the brand’s enduring appeal and robust community support. With a net revenue of € 276.4 million, Golden Goose achieved a substantial 21 per cent increase over the previous year and a remarkable 65 per cent improvement compared to H1 2021. The company also saw EBITDA rise by a notable 34.6 per cent during this period
Golden Goose CEO Silvio Campara expressed his enthusiasm, stating, “2023 is proof once again of the power of our brand and our community. We are opening new stores, introducing new product lines, and innovative ways of engaging with our customers, while the Golden Goose family continues to expand.” Campara further highlighted, “Sales are soaring worldwide, and our customers are increasingly buying directly from us.”
The company’s growth was widespread, with all its primary markets experiencing double-digit increases. In particular, the Americas region saw a robust 12 per cent growth, Europe surged by an impressive 24 per cent, and the Asia-Pacific region registered a notable 19 per cent improvement in sales.
Golden Goose’s strategic focus on a direct-to-consumer (D2C) approach proved to be a successful endeavor, as D2C sales grew an impressive 69 per cent in the first half of 2023.
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