The Italian fashion company Golden Goose Group SpA remained on a growth path in the first quarter of the 2026 financial year. The decisive factor was a significant increase in sales in our own retail sector.
According to a statement published on Wednesday, group sales reached 173.2 million euros in the first three months of the year. Adjusted for exchange rate changes, revenue increased by ten percent compared to the same quarter of the previous year. Earnings before interest, taxes, depreciation and amortization (EBITDA) adjusted for special effects amounted to 55.3 million euros, the corresponding margin was 31.9 percent.
The company’s own retail sector remains the engine of growth
In its own retail sector, sales rose by 19 percent after adjusting for currency effects. The sales channel’s share of total sales increased from 76 to 81 percent. According to the company, the significant increase was due to double-digit like-for-like growth and newly opened stores. The development in online business was also “strong”.
Sales in the wholesale business, however, fell by 16 percent after adjusting for currency effects. The losses were due to changed delivery dates in the EMEA region, the “more complex market dynamics” in the US wholesale channel and the strategic reduction in business with online platforms in South Korea.
The brand achieved its strongest growth in the Asia-Pacific region
The company was able to increase its total sales in all market regions. The Asia-Pacific region developed most dynamically with a currency-adjusted increase of 17 percent. Sales in the company’s own retail sector grew by 20 percent after adjusting for currency effects.
In America, sales rose by 14 percent after adjusting for currency effects. The retail business there also grew at an above-average rate (+20 percent). The EMEA region, which includes Europe, the Middle East and Africa, reported growth of six percent on a constant currency basis. From March onwards, development was slowed down by the Iran conflict, the company explained.
Golden Goose wants to continue expanding
Golden Goose operated a total of 232 stores worldwide at the end of the first quarter. The company opened numerous new stores in the reporting period. This included the first Younique Caffé in Europe in Milan. The brand also launched its “Frutteria Golden” promotion at Selfridges Corner Shop in London. A new flagship store with the same concept was opened in Athens. The brand’s largest flagship store in the Asia-Pacific region also reopened in Beijing.
CEO Silvio Campara was satisfied with the latest development. “It’s been a strong start to 2026 for Golden Goose with clear momentum across the business,” he said in a statement. The plan is now to further strengthen our own retail business and focus on “experience-oriented offers”.
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