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GEOX RESPIRA PRESS RELEASE - 9M 2021 SALES REVENUES AMOUNTED TO EURO 463.5 MILLION ( + 7.8 % AT CURRENT EXCHANGE RATES , + 8.9 % AT CONSTANT EXCHANGE RATES ) THANKS TO THE SOLID PERFORMANCE OF THE MULTI - BRAND CHANNEL AND THE RECOVERY OF DIRECT SALES THAT TOOK HOLD WITH THE GRADUAL REOPENING OF THE MONO - BRAND NETWORK STARTING IN THE SECOND QUARTER . THE FOURTH QUARTER , TO DATE , ALSO SHOWS A HEALTHY TREND IN LIKE - FOR - LIKE SALES OF DIRECT STORES ( + 50 % ON 2020 AND + 3 % ON 2019 ) ACCOMPANIED BY A SIGNIFICANT REDUCTION IN DISCOUNTS . THE NET FINANCIAL POSITION At 30 September 2021 ( BEFORE IFRS 16 ) STOOD AT EURO -95.5 MILLION ( EURO -108.2 MILLION AT 30 JUNE 2021 , EURO -99.8 MILLION AT 31 DECEMBER 2020 ) . ON 2 DECEMBER THE 2022-2024 BUSINESS PLAN WILL BE PRESENTED TO THE FINANCIAL COMMUNITY . THE PLAN IS AIMED AT INCREASING THE RELEVANCE OF THE BRAND VALUES FOR THE CONSUMER WITH AN APPROACH FOCUSED ON THE CENTRALITY OF CUSTOMERS AND DISTRIBUTION THROUGH A LEANER AND MORE EFFICIENT OMNI - CHANNEL BUSINESS MODEL . This objecTIVE IS SUPPORTED BY INVESTMENTS IN DIGITAL INFRASTRUCTURES AND SKILLS AND IN ADVANCED MERCHANDISING TOOLS , WITH PERFECT COHESION BETWEEN MARKETING , PRODUCT AND COMMERCIAL DISTRIBUTION STRATEGIES . Biadene di Montebelluna , || November 2021 - Geox S.p.A. , a company listed on the Borsa di Milano ( GEO.MI ) , ( Milan Stock Exchange ) , a leading brand in classic and casual footwear , today approved its revenues for the first nine months of 2021 . The Company commented : " Revenues for the nine months showed solid growth compared to last year thanks to the gradual reopening of commercial distribution . People's movements are also partially gradually increasing and only international tourism continues to remain well below pre - Covid level . Caution is still the order of the day , however . In fact , if on the one hand the level of infections and the health situation have shown a general improvement in the main Western European countries and in North America , allowing , starting from the second quarter , a progressive reopening of the entire distribution network , on the other hand there has been a recent increase in infections , first in some areas of South - East Asia and then in Eastern Europe , characterised by a low vaccination rate , with the reintroduction of temporary lockdown measures , for example in China , Vietnam and Russia . 1