Finance

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

Published by Global Banking & Finance Review

Posted on March 12, 2025

1 min read

· Last updated: January 24, 2026

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Net revenues at sneaker maker Golden Goose rose 13% last year
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Golden Goose Sees 13% Revenue Increase with New Stores

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)

Key Takeaways

  • Golden Goose's net revenues rose 13% last year.
  • The company's EBITDA increased by 14% in 2024.
  • 24 new store openings contributed to revenue growth.
  • Blue Pool acquired a 12% stake in Golden Goose.
  • Plans for a stock market listing were pulled last year.

Frequently Asked Questions

What is the main topic?
The article discusses Golden Goose's 13% revenue increase and strategic business developments in 2024.
Who invested in Golden Goose?
Blue Pool, an investment firm backed by Joe Tsai, acquired a 12% stake in Golden Goose.
What contributed to Golden Goose's revenue growth?
The opening of 24 new stores significantly contributed to their revenue growth.

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