Fedja has already answered one possible interpretation of your question in a comment, where the common ratio is required to be an integer. Here's further explanation, together with a multiplicative analogue of van der Waerden's theorem which is equivalent to Gallai-Witt. In what follows, I'm taking $\mathbb{N} = \{ 1, 2, 3, \dots \}$.

There's a straightforward isomorphism between the monoid $\mathbb{N}$ under multiplication and the direct sum $\mathbb{N} \oplus \mathbb{N} \oplus \cdots \oplus \mathbb{N}$ (with countably many copies of $\mathbb{N}$) under addition; the explicit bijection is $2^{a_1} 3^{a_2} 5^{a_3} \dots \rightarrow (a_1 + 1, a_2 + 1, a_3 + 1, \dots)$. Geometric progressions in $\mathbb{N}$ correspond to arithmetic progressions in the direct sum (henceforth abbreviated to $\mathbb{N}^{\omega}$, in a slight abuse of notation).

Fedja's answer involves colouring the points of $\mathbb{N}^{\omega}$ according to their sum (so hyperplanes perpendicular to $(1, 1, 1, \dots)$ have constant colour). Any geometric progression in $\mathbb{N}$ would correspond to an arithmetic progression in $\mathbb{N}^{\omega}$, which is then mapped to an arithmetic progression in $\mathbb{N}$. If the common ratio of the geometric progression is required to be an integer greater than $1$, then all the terms of the resulting arithmetic progression are distinct (otherwise, rational ratios such as $r = \frac{3}{2}$ give a non-injective map).

Anyway, even allowing rational ratios, I can still establish a weak bound in the opposite direction to the trivial bound. Given $G = G(k,r)$, the isomorphism gives a subset of $[\lceil \log_2{G} \rceil]^{\pi(G)}$, where $\pi$ is the prime-counting function. Now, we colour a point $(a_1 + 1, a_2 + 1, a_3 + 1, \dots)$ by $c(1 + a_1 \lceil \log_2{G} \rceil + a_2 (\lceil \log_2{G} \rceil)^2 + \dots)$, where (as in Fedja's answer) $c(n)$ is the colour of $n$ in the worst-case colouring for van der Waerden's theorem, establishing the following *very weak* bounds:

$$\lceil \log_2{G(k,r)} \rceil \leq W(k,r) \leq (\lceil \log_2{G(k,r)} \rceil)^{\pi(G(k,r))}$$

A refinement of this argument gives $W(k,r) \leq \prod_{p < \pi(G)} (\lceil \log_p{G(k,r)} \rceil)$.

On a related topic, the *Gallai-Witt theorem* states that, given a finite set $S \subset \mathbb{N}^n$ and a $k$-colouring of $\mathbb{N}^n$, we can find some scaled and translated copy of $S$ that is monochromatic. Using our isomorphism, this can be pulled back to a multiplicative statement in $\mathbb{N}$. Indeed, this multiplicative theorem seems to be shorter than the original Gallai-Witt theorem:

Given a finite set of naturals $\{ b_1, b_2, b_3, \dots, b_n \} \subset \mathbb{N}$ and a $k$-colouring of $\mathbb{N}$, we can find constants $A, B$ such that $\{ A b_1^B, A b_2^B, \dots, Ab_n^B \}$ is a monochromatic set.

The additive version of this statement is trivially equivalent to van der Waerden's theorem.