Geox S.p.a., 1H2017
Geox is a leading brand in the international market for the creation, production and distribution of footwear and clothing. Geox distributes its products in over 10,000 multi-brand outlets and through a network of direct single-brand stores. At December 31st 2016 the total number of "Geox Shops" was equal to 1,161 of which 706 franchised and 455 DOS.
On January 12th 2017, Geox's BoD co-opted Gregorio Borgo within the Board and subsequently appointed him CEO with immediate effect after having reached with the previous CEO Giorgio Presca an agreement for the consensual resolution of the employment relationship.
Geox creates, produces, promotes, and distributes footwear and apparel under the Geox-brand for retailers and end consumers. Co. operates in two operating segments: footwear and apperal. As of Dec 31 2013, Co. operated 1,299 Geox Shops, of which 849 were franchised stores and 450 were directly operated stores. Co. distributes its products through multi-brand selling points and also through a Geox shops network in Europe, which includes Austria, Benelux, France, Germany, the U.K., Iberia, Scandinavia, and Switzerland; Italy; North America; and other countries.
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