Golden Goose postpones IPO
21.06.2024 2758

Golden Goose postpones IPO

Permira-backed luxury sneaker company Golden Goose has decided to delay its IPO due to political uncertainty in Europe. The start of trading was supposed to take place on June 21, writes Worldfootwear.com.

Golden Goose and investment fund Permira have decided to postpone their planned listing on the Milan Stock Exchange as luxury stocks fall due to political uncertainty in Europe. The trigger for this was the unexpected announcement by French President Emmanuel Macron about the elections.

"The significant deterioration in market conditions following this month's European Parliament elections and the calling of the French general election has impacted the performance of European markets and the luxury goods sector in particular," the company said, adding that the IPO would be "reviewed in due course." . However, no new dates were announced.

The Italian luxury sneaker maker previously set an IPO price range of 9,50 to 10,50 euros per share, expecting to raise up to 558 million euros before the over-allotment option is exercised. Trading was supposed to begin on June 21.

Permira-backed luxury sneaker company Golden Goose has decided to delay its IPO due to political uncertainty in Europe. Trading was supposed to start...
5
1
Rating

Latest News

The UPGRADE Fashion Conference at UPGRADE Retail 2025 will bring together Fashion market participants

On May 16, the UPGRADE Fashion conference will be held at the World Trade Center (WTC) in Moscow at the UPGRADE Retail 2025 forum – a platform for owners and top managers of leading Fashion retailers, production and design experts,…
25.03.2025 53

TJ Collection supports the "green agenda" in fashion

The footwear and accessories brand TJ Collection, with the assistance of the Second Breath charity foundation, has released a shopper bag made from completely recycled…
25.03.2025 53

PETER KAISER Academy

Caprice GmbH and the PETER KAISER brand present their customers with the PETER KAISER Academy - an innovative training platform specially designed to increase the knowledge of sales personnel about the history of the brand and its…
25.03.2025 64

Puma Launches New Advertising Campaign With Focus On 'Zoomers'

Puma to increase ad spend by 2025% in 40 compared to 2024. Sports giant launches Go Wild campaign with new positioning designed to appeal to generational values…
24.03.2025 223

Proenza Schouler Founders Jack McCollough and Lazaro Hernandez Move to Loewe

The reshuffle in the creative ateliers of luxury brands continues. Proenza Schouler founders Jack McCollough and Lazaro Hernandez, who left the creative direction of their own brand, will become artistic directors of LVMH-owned…
24.03.2025 175
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning