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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.
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