Italy-based luxury sneaker brand Golden Goose reported strong financial performance for FY2025, posting a 15% increase in net revenue compared to the previous year, largely driven by the expansion of its direct-to-consumer (DTC) business.

In the twelve months ending December 31, 2025, the company recorded net revenues of €734 million. Growth was recorded across all regions, with EMEA leading at 18%, followed by APAC at 17% and the Americas at 9%.

The brand’s DTC channel continued to play a major role, with net revenue from this segment rising 21% year-on-year and accounting for 81% of total revenue, up from 77% in 2024. The growth was supported by the opening of 17 new stores during the year, including locations in Tokyo Ginza, Mumbai, Manila, London’s Mount Street, Naples and Ibiza, bringing the total number of directly operated stores to 232.

Golden Goose reported an adjusted EBITDA of €248.3 million for 2025, maintaining a margin of 34%, compared to €227.3 million and a 34.7% margin in 2024.

As of December 31, 2025, the company reported a cash position of €94.4 million and net leverage of 2.6x.

Commenting on the results, CEO Silvio Campara highlighted the company’s continued momentum and growth. A key milestone for the year was the entry of HSG and Temasek as strategic investors, supporting the brand’s global expansion and long-term ambitions as a next-generation luxury label.