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Golden Goose revenue rises 15% to $794 million in 2025, led by DTC

Golden Goose reported a 15% revenue increase to 734 million euros ($794 million) in 2025, driven by its direct-to-consumer channel, which grew 21% with 17 new store openings. DTC accounted for 81% of total revenue, up from 77% in 2024, supported by 232 directly operated stores. Regional growth was led by EMEA at 18%, APAC at 17%, and the Americas at 9%. Adjusted EBITDA reached 248.3 million euros ($268.5 million) with a 34% margin. In December, HGS became the majority investor with Temasek as minority shareholder. Former Gucci CEO Marco Bizzarri was appointed non-executive chairman.

Related reading: Golden Goose sneakers sold by Permira to Chinese firm HSG

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