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Coordinates: 45°47′10″N 12°03′02″E / 45.7860037°N 12.050606°E / 45.7860037; 12.050606
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| homepage = [https://www.geox.com www.geox.com]
| homepage = [https://www.geox.com www.geox.com]
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'''Geox''' is an Italian brand of shoe and clothing manufactured with [[Breathable fabric|breathable]] and [[waterproof fabric]]s.<ref name="Ceccchinato-2018">{{cite book |last1=Ceccchinato |first1=Francesca |last2=Vescovi |first2=Tiziano |title=Product Innovation in the Global Fashion Industry |date=2018 |publisher=Palgrave Macmillan US : Imprint: Palgrave Pivot |location=New York |isbn=978-1-137-52349-5 |pages=57–77 |edition=1st 2018 |chapter-url=https://link.springer.com/chapter/10.1057/978-1-137-52349-5_3 |access-date=27 April 2024 |archive-url=https://archive.ph/zBL9y |url-status=live |archive-date=27 April 2024 |chapter=The Geox: The Shoe that Breathes}}</ref>
'''Geox''' is an Italian brand of shoe and clothing manufactured with [[waterproof fabric|waterproof/breathable fabric]]s.


==History==
==History==
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[[File:Geox, Oxford Street, London, March 2016 01.jpg|thumb|Geox, [[Oxford Street]], London, 2016]]
[[File:Geox, Oxford Street, London, March 2016 01.jpg|thumb|Geox, [[Oxford Street]], London, 2016]]


The company was founded in 1995 by [[Mario Moretti Polegato|Mario Polegato]].<ref>{{cite web |author=Digital PR |url=http://www.geox.biz/chi_storia_1.asp |title=portale di informazione aziendale del Gruppo Geox |publisher=Geox.biz |accessdate=2011-09-03 |url-status=dead |archiveurl=https://web.archive.org/web/20110904014246/http://www.geox.biz/chi_storia_1.asp |archivedate=2011-09-04 }}</ref>
The company was founded in 1995 by [[Mario Moretti Polegato|Mario Polegato]].<ref name="Ceccchinato-2018" /><ref>{{cite web |author=Digital PR |url=http://www.geox.biz/chi_storia_1.asp |title=portale di informazione aziendale del Gruppo Geox |publisher=Geox.biz |accessdate=2011-09-03 |url-status=dead |archiveurl=https://web.archive.org/web/20110904014246/http://www.geox.biz/chi_storia_1.asp |archivedate=2011-09-04 }}</ref>


In 2009, Geox agreed with Italian sportswear company [[Diadora]] to have Polegato buy its assets through his family's investment arm, LIR.<ref name=":0">{{cite news|title=Geox billionaire steps into Diadora|url=https://www.independent.co.uk/news/business/news/sole-searching-geox-billionaire-steps-into-diadora-1711250.html|access-date=10 June 2023 | location=London|work=The Independent|first=Margareta|last=Pagano|date=21 June 2009}}</ref>
In 2009, Geox agreed with Italian sportswear company [[Diadora]] to have Polegato buy its assets through his family's investment arm, LIR.<ref name=":0">{{cite news|title=Geox billionaire steps into Diadora|url=https://www.independent.co.uk/news/business/news/sole-searching-geox-billionaire-steps-into-diadora-1711250.html|access-date=10 June 2023 | location=London|work=The Independent|first=Margareta|last=Pagano|date=21 June 2009}}</ref><ref name="Ceccchinato-2018" />


On September 8, 2020, Geox filed for [[bankruptcy]] in Canada.<ref>{{Cite web|url=https://toronto.citynews.ca/2020/10/23/le-chateau-files-for-bankruptcy-plans-to-close-its-doors/#:~:text=Sept.%208%3A%20Geox%20Canada%20Inc.%20(footwear%20retailer)|title=Geox files for bankruptcy in Canada|date=October 23, 2020|access-date=January 28, 2023}}</ref>
On September 8, 2020, Geox filed for [[bankruptcy]] in Canada.<ref>{{Cite web|url=https://toronto.citynews.ca/2020/10/23/le-chateau-files-for-bankruptcy-plans-to-close-its-doors/#:~:text=Sept.%208%3A%20Geox%20Canada%20Inc.%20(footwear%20retailer)|title=Geox files for bankruptcy in Canada|date=October 23, 2020|access-date=January 28, 2023}}</ref>

Revision as of 22:52, 27 April 2024

45°47′10″N 12°03′02″E / 45.7860037°N 12.050606°E / 45.7860037; 12.050606

Geox S.p.A.
Company typeSocietà per azioni
BIT: GEO
Industry
Founded1995
Headquarters
Montebelluna
,
Italy
Key people
Mario Moretti Polegato (founder and Chairman), Livio Libralesso (CEO)
ProductsFootwear, clothing
Revenue€534.9 million (2020)[1]
€-111.0 million (2020)[1]
€-128.2 million (2020)[1]
Total assets€..... million (end 2020)[1]
Total equity€..... million (end 2020)[1]
Number of employees
4,458 (end 2020)[1]
SubsidiariesDiadora
Websitewww.geox.com

Geox is an Italian brand of shoe and clothing manufactured with breathable and waterproof fabrics.[2]

History

A Geox store in Vaughan Mills, 2013
Geox, Oxford Street, London, 2016

The company was founded in 1995 by Mario Polegato.[2][3]

In 2009, Geox agreed with Italian sportswear company Diadora to have Polegato buy its assets through his family's investment arm, LIR.[4][2]

On September 8, 2020, Geox filed for bankruptcy in Canada.[5]

Production sites are in China, Indonesia and Vietnam.

In July 2021, Geox announced the closure of its Vranje plant in Serbia, which had been opened in 2015. The closure led to the loss of 1,200 jobs.[6]

GEOX in Russia

In March 2022, despite Russia's full-scale invasion of Ukraine, Geox opened its 80th store in Russia.[7] According to a list compiled by Yale SOM, the company has suspended new investments in Russia.[8] Despite the cessation of new investments, it can be argued that the company is still active in Russia, as in December 2022, Geox presented a new capsule collection of shoes and accessories for the spring-summer 2023 season.[9] "Sales in Russia and Ukraine, which together account for about 10% of the group's total, were in line with plans at about 37 million euros despite the weakening of the ruble."- firm said[10]



References

  1. ^ a b c d e f "Annual Report 2020" (PDF) (in Italian). Geox. Retrieved 20 January 2022.
  2. ^ a b c Ceccchinato, Francesca; Vescovi, Tiziano (2018). "The Geox: The Shoe that Breathes". Product Innovation in the Global Fashion Industry (1st 2018 ed.). New York: Palgrave Macmillan US : Imprint: Palgrave Pivot. pp. 57–77. ISBN 978-1-137-52349-5. Archived from the original on 27 April 2024. Retrieved 27 April 2024.
  3. ^ Digital PR. "portale di informazione aziendale del Gruppo Geox". Geox.biz. Archived from the original on 2011-09-04. Retrieved 2011-09-03.
  4. ^ Pagano, Margareta (21 June 2009). "Geox billionaire steps into Diadora". The Independent. London. Retrieved 10 June 2023.
  5. ^ "Geox files for bankruptcy in Canada". October 23, 2020. Retrieved January 28, 2023.
  6. ^ "Geox will close its factory in Vranje, 1,200 people will lose their jobs". Serbian Monitor. 2021-07-28. Retrieved 2021-08-06.
  7. ^ "Geox". leave-russia.org. Retrieved 2024-04-13.
  8. ^ "Over 1,000 Companies Have Curtailed Operations in Russia—But Some Remain | Yale School of Management". som.yale.edu. Retrieved 2024-04-13.
  9. ^ "Geox | Країна походження, хто виробник, бойкот російських товарів". svidomo.info (in Ukrainian). Retrieved 2024-04-21.
  10. ^ "Geox lowers 2023 sales guidance after setback in May". Reuters.
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