Golden Goose Delays IPO Due to European Political Uncertainty
Italian luxury sneaker brand postpones Milan listing, citing market volatility from recent elections
- Golden Goose aimed for a market capitalization of up to €1.86 billion.
- The European Parliament and French elections have disrupted market conditions.
- The brand, owned by Permira, had strong investor interest but deemed the timing unfavorable.
- France's National Rally party's gains led to nationwide protests and market instability.
- Golden Goose plans to reassess the IPO when conditions improve.