Golden Goose’s first-quarter net revenues climbed by 12 per cent at constant exchange and 11 per cent on a reported basis, all while maintaining high margins, after the company’s stellar performance in 2023.
Additionally, the business declared that Marco Bizzarri, a former Gucci president and CEO, has been added to the board of directors.
Due to the company’s continuous excellent performance in EMEA and the Americas, its direct-to-consumer channel increased by 20 per cent at constant exchange and 18 per cent on a reported basis.
According to a statement from the company, Bizzarri oversaw the transformation of Gucci in his capacity as CEO. He redesigned the brand’s digital and retail experiences, redesigned all customer-facing touchpoints, and carried out an aggressive growth plan that saw Gucci’s yearly revenue rise from € 3.9 billion in 2015 to € 9.9 billion in 2023.
Commenting on his new role at Golden Goose, Bizzarri said, “I’ve been following the successful story of Golden Goose over the past 10 years, and I’m impressed with the unique culture, products, and community they’ve been able to build on a global scale. I’m very proud to become part of this family and to contribute to their future growth built on expansion into new categories, geographies, and experiences.”
“Bizzarri’s world-class expertise and visionary approach to reinventing luxury are unprecedented. I am sure he will make a timeless contribution to the brand,” added Silvio Campara, chief executive officer, Golden Goose Group.
Golden Goose was founded in 2000 and now has 191 locations in the Americas, Europe, the Middle East, and Asia Pacific. These locations include six duty-free stores, 28 shop-in-shops, 10 outlets, online sales, and wholesale distribution.
