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Golden Goose reports 13% growth in H1 2025 sales

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3 months ago

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Nazia BIBI KEENOO

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September 3, 2025

While most fashion brands recorded a sluggish first half, Golden Goose reported a strong start to the year. In the first six months of 2025, the Italian luxury sneaker brand posted sales of €342.1 million, up 13% at constant exchange rates, and adjusted gross operating income (Ebitda) of €113 million (+3%), representing 33% of total sales.

The boutique opened at Venice airport last spring – Golden Goose

Golden Goose saw stronger momentum in the second quarter, with sales rising 14% year-on-year, compared with 12% in the first quarter. After postponing its IPO last year, the company, which has been controlled since 2020 by British investment firm Permira, welcomed Blue Pool Capital, the Hong Kong-based firm of Joe Tsai (co-founder of Alibaba), into its capital structure at the start of 2025 with a 12% stake.

Sales climbed across all regions and channels in the first half. Notably, the brand’s direct-to-consumer (DTC) retail channel accounted for 77% of total sales, up from 73% in the first half of 2024, recording a 19% increase overall. Direct sales surged by 26% in EMEA, 15% in the Americas, and 14% in Asia-Pacific, according to the company’s statement.

Golden Goose continued its retail expansion during the period. The brand, which operates 225 boutiques worldwide along with a dynamic e-commerce platform, opened ten new stores in the first six months of the year. These included new locations in Singapore, Manila, Ibiza, and Venice, as well as a children’s line boutique in Dubai. It also launched innovative concept stores, such as the “Golden Pescheria”—a pop-up inspired by fishing villages—set up in several seaside destinations.

By region, Golden Goose reported first-half sales growth of 18% in Europe, 8% in the United States, and 9% in Asia-Pacific compared to the same period in 2024.

“Against a complex macroeconomic backdrop, our performance in the first half of 2025 remains resilient, reflecting the continuing global infatuation with the Golden Goose brand among its communities,” said Silvio Campara, chief executive officer of Golden Goose Group. “These results confirm the strength of the brand, the excellent DTC strategy focused on innovation and constantly expanding co-creation,” he concluded.

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Cosmetics giant Unilever finalises business demerger

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12 hours ago

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December 5, 2025

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AFP

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December 5, 2025

The demerger of Unilever‘s ice cream division, to be named ‘The Magnum Ice Cream Company,’ which had been delayed in recent months by the US government shutdown, will finally go ahead on Saturday, the British group announced.

Reuters

Unilever said in a statement on Friday that the admission of the new entity’s shares to listing and trading in Amsterdam, London, and New York, as well as the commencement of trading… is expected to take place on Monday, December 8.

The longest federal government shutdown in US history, from October 1 to November 12, fully or partially affected many parts of the federal government, including the securities regulator, after weeks without an agreement between Donald Trump‘s Republicans and the Democratic opposition.

Unilever, which had previously aimed to complete the demerger by mid-November, warned in October that the US securities regulator (SEC) was “not in a position to declare effective” the registration of the new company’s shares. However, the group said it was “determined to implement in 2025” the separation of a division that also includes the Ben & Jerry’s and Cornetto brands, and which will have its primary listing in Amsterdam.

“The registration statement” for the shares in the US “became effective on Thursday, December 4,” Unilever said in its statement. Known for Dove soaps, Axe deodorants and Knorr soups, the group reported a slight decline in third-quarter sales at the end of October, but beat market expectations.

Under pressure from investors, including the activist fund Trian of US billionaire Nelson Peltz, to improve performance, the group last year unveiled a strategic plan to focus on 30 power brands. It then announced the demerger of its ice cream division and, to boost margins, launched a cost-saving plan involving 7,500 job cuts, nearly 6% of the workforce. Unilever’s shares on the London Stock Exchange were steady on Friday shortly after the market opened, at 4,429 pence.
 

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Burberry elevates two SVPs to supply chain and customer exec roles

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12 hours ago

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December 5, 2025

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December 5, 2025

Burberry has named a new chief operating and supply chain officer as well as a new chief customer officer. They’re both key roles at the recovering luxury giant and both are being promoted from within.

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Burberry – Spring-Summer2026 – Womenswear – Royaume-Uni – Londres – ©Launchmetrics/spotlight

Matteo Calonaci becomes chief operating and supply chain officer, moving from his role as senior vice-president of strategy and transformation at the firm. 

In his new role, he’ll be oversee supply chain and planning, strategy and transformation, and data and analytics. He succeeds Klaus Bierbrauer, who’s currently Burberry supply chain and industrial officer. Bierbrauer will be leaving the company following its winter show and a transition period.

Matteo Calonaci - Burberry
Matteo Calonaci – Burberry

Meanwhile, Johnattan Leon steps up as chief customer officer. He’s currently currently Burberry’s senior vice-president of commercial and chief of staff. In his new role he’ll be leading Burberry’s customer, client engagement, customer service and retail excellence teams, while also overseeing its digital, outlet and commercial operations.

Both Calonaci and Leon will join the executive committee, reporting to Company CEO Joshua Schulman.

JohnattanLeon - Burberry
JohnattanLeon – Burberry

Schulman said of the two execs that the appointments “reflect the exceptional talent and leadership we have at Burberry. Both Matteo and Johnattan have been instrumental in strengthening our focus on executional excellence and elevating our customer experience. Their deep understanding of our business, our people, and our customers gives me full confidence that their leadership will help drive [our strategy] Burberry Forward”.

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Puneet Gupta steps into fine jewellery

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13 hours ago

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December 5, 2025

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December 5, 2025

Traditional and occasion wear designer Puneet Gupta has stepped into the world of fine jewellery with the launch of ‘Deco Luméaura,’ a collection designed to blend heritage and contemporary aesthetics while taking inspiration from the dramatic landscapes of Ladakh.

Hints of Ladakh’s heritage can be seen in this sculptural evening bag – Puneet Gupta

 
“For me, Deco Luméaura is an exploration of transformation- of material, of story, of self,” said Puneet Gupta in a press release. “True luxury isn’t perfect; it is intentional. Every piece is crafted to be lived with and passed on.”

The jewellery collection features cocktail rings, bangles, chokers, necklaces, and statement evening bags made in recycled brass and finished with 24 carat gold. The stones used have been kept natural to highlight their imperfect and unique forms and each piece in the collection has been hammered, polished, and engraved by hand.

An eclectic mix of jewels from the collection
An eclectic mix of jewels from the collection – Puneet Gupta

 
Designed to function as wearable art pieces, the colourful jewellery echoes the geometry of Art Deco while incorporating distinctly South Asian imagery such as camels, butterflies, and tassels. Gupta divides his time between his stores in Hyderabad and Delhi and aims to bring Indian artistry to a global audience while crafting a dialogue between designer and artisan.

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