Geox on Litigation against Nike, the chairman Mario Moretti Polegato said: "Nike is a problem that does not exist. I think that will solve everything with a getlemen agreement with a handshake Considers what is to say on the matter that the "shoe that breathes" by Nike accused of having copied the patent for one of its most successful models, the Shox Turbo III. Polegato during the presentation of yearly accounts also added the question: "is not a cause. Nike, which does not question our technology, said there 's a model year between 1700 we produce, which resembles our own. We have nothing against Nike, because © is not our competitor, our client buys shoes for the technology and the chief financial officer of Geox adds "our children's shoes like their adult model, we have no problems to change and we are confident we can find an amicable agreement, because for us © the problem does not exist. " The Geox presents its data in the semester just ended and shows an increase compared with around 46% over the same period in 2006 with a turnover of 68.9 million euros against 47.4 million last year. Revenues by 27% with 388.2 million euros compared with 305.5 million last year. The EBITDA rose to 112.2 (+36%), with margins of 28.9%. Operating income is the state of 101.6 million (+39%). Therefore the title is awarded with the +4.8%. "The first half results are satisfactory, in line with our expectations and confirms once again the strength of the brand Geox and our technology. The backlog of sales campaign for autumn / winter 2007 shows a growth of 24% over the same period of 2006, confirming the positive trend of business. " The production of footwear represents about 95% of group revenues (370.1 million, +28%) and clothing with his 5% of Group sales saw a growth of 46% to 17.3 million. Polegato adds that with an award of 81 million Geox is looking at acquisitions in retail sector. The market share of 38% of Italy is the main reference group Geox, while the rest of Europe generated 47% of revenues (+32%), while the Geox USA has reported a growth of 36%. The distribution channel of Geox sees at 30 June 2007, a compendium of 606 Geox shops, of which 485 franchisees and 121 owned by the group. also Geox Geox shop has opened in 89 other half of which 6 in Italy, 32 in Europe and 2 in the USA. There are also outlets in Tokyo, Singapore and Canada. In its policy of expanding distribution president Moretti Polegato said "later this year there will be other openings 90-100 Geox leading the new stores opened in 2007 to about 200".

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