World Footwear

Companies

Golden Goose postpones IPO

Jun 20, 2024 Italy
Golden Goose postpones IPO
Permira-backed luxury sneaker company Golden Goose has postponed its IPO due to a climate of political uncertainty in Europe. The shares were due to start trading next Friday
Golden Goose and equity fund Permira have made the decision to shelve the listing amid a fall in luxury stock valuations due to political uncertainty in Europe, after French President Emmanuel Macron’s unexpected election announcement.

“The significant deterioration in market conditions following European Parliament elections this month and the calling of a general election in France have impacted European markets performance and, in particular, the luxury sector”, said Golden Goose, adding that the IPO will be “reassessed in due course”. However, no timeframe was provided.

The luxury sneaker company had previously set a price range of 9.50 euros to 10.50 euros for the IPO, expecting to raise up to 558 million euros before the over-allotment option is exercised. The shares were due to start trading on the 21st of June.


Image Credits: youraverageguystyle.com

Related Events

  • Jan
    10
    Jan 10-Jan 13, 2026 | Riva del Garda, Italy

    Expo Riva Schuh

  • Jan
    13
    Jan 13-Jan 16, 2026 | Florence, Italy

    Pitti Uomo

  • Feb
    11
    Feb 11-Feb 13, 2026 | Milan, Italy

    Lineapelle

  • Feb
    22
    Feb 22-Feb 24, 2026 | Milan, Italy

    MICAM Milano

Related Organizations

  • Footwear Polytechnic

    Footwear Polytechnic

    Italy
  • UNPAC - Italian Leather Chemicals Manufacturers Association

    UNPAC - Italian Leather Chemicals Manufacturers Association

    Italy
  • UNIC - National Union of the Tanning Industry

    UNIC - National Union of the Tanning Industry

    Italy
  • CIMAC - Italian Centre for Footwear Application Materials

    CIMAC - Italian Centre for Footwear Application Materials

    Italy