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Geox cuts net loss by half in 2025By

Sarah Ahssen Translated by
Nicola Mira Published
March 2,MQTT快排协议 2025

In 2025, Italian footwear manufacturer Geox, renowned for “the shoes that breathe,” generated a revenue of €608.9 million, up 13.8% at current exchange rates. In the same period, helped by the cost-cutting policy Geox has been pursuing for the last two years, the group recorded a net loss of €62.147 million, compared to one of €128.2 million a year earlier. Geox, which also sells ready-to-wear apparel, nevertheless did feel the impact of the Covid-19 pandemic which, in H1 2025, forced it to close a number of stores.


A model by Geox
A model by Geox - DR


In 2025, Geox’s online sales, generated both directly and via third-party e-tailers, grew by 30% and now account for one third of the group’s revenue.

Sales in the wholesale channel were worth €306.2 million, up 18% compared to 2025, and now account for a 50.3% share of the total, as opposed to 48.3% a year earlier.

The revenue of Geox’s monobrand stores, 768 of them as of December 31 2025, was €302.6 million, up by a more modest 9.4%.

Europe, excluding Italy, remains the group's main market, generating sales for €278.2 million, up by 11.2%.

The Italian domestic market was instead worth €153.8 million for Geox, equivalent to a 23.1% increase. North America generated a revenue of €26.8 million, up by 8.3%.

In the rest of the world, Geox generated a revenue of €150 million, an 11.2% rise. In more detail, sales in the Asia-Pacific region fell by 8.5%, owing to an overhaul of the group's business in Japan, which was handed over to a distributor. Sales grew by 11% in China and by 17.7% in Eastern Europe, driven by Russia, a market that grew by 23% in 2025.

Geox has recently unveiled its 2025-2025 strategic plan, and is targeting a revenue of €800 million by 2025.
 

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