Acquisitions take in-house production to 50% for Golden Goose

11/03/2024
Acquisitions take in-house production to 50% for Golden Goose

Footwear brand Golden Goose has reported full-year revenues for 2023 of €587 million. This represents growth of 18% year on year.

The brand opened 21 new stores in the course of 2023, taking the total number to 191 by the end of the year.

Following its acquisition of a 30% stake in footwear manufacturing company Sirio in 2022, Golden Goose has now acquired the other 70% of Sirio. The brand had already acquired another shoe manufacturer, Italian Fashion Team. 

Golden Goose has said its investment in its upstream supply chain means it is now able to produce around 50% of its shoes in its own factories.