Geox

45.7860037°N 12.050606°E / 45.7860037; 12.050606

Geox S.p.A.
TypeSocietà per azioni
BIT: GEO
IndustryTextiles, manufacturing
Founded1995
Headquarters,
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 waterproof/breathable fabrics.

History

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

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

In June 2009, Geox reached an agreement with Italian sportswear company Diadora to have Mario Moretti Polegato buy its assets through his family's investment arm, LIR.[3]

On September 8, 2020, Geox filed for bankruptcy in Canada.[4]

Production sites are in China, Indonesia and Vietnam. In July 2021, Geox announced the closure of its Vranje plant in Serbia. The plant was opened in 2015. This closure will lead to the loss of 1,200 jobs.[5]

References

  1. "Annual Report 2020" (PDF) (in Italian). Geox. Retrieved 20 January 2022.
  2. Digital PR. "portale di informazione aziendale del Gruppo Geox". Geox.biz. Archived from the original on 2011-09-04. Retrieved 2011-09-03.
  3. Pagano, Margareta (21 June 2009). "Geox billionaire steps into Diadora". The Independent. London. Retrieved 10 June 2023.
  4. "Geox files for bankruptcy in Canada". October 23, 2020. Retrieved January 28, 2023.
  5. "Geox will close its factory in Vranje, 1,200 people will lose their jobs". Serbian Monitor. 2021-07-28. Retrieved 2021-08-06.
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