Golden Goose, an Italian luxury sneaker brand, has decided to postpone its initial public offering on the Milan stock exchange due to the prevailing political uncertainty in Europe.
What Happened: The company, known for its high-end sneakers, has delayed its IPO, which was scheduled for June 21, citing the recent political turmoil in Europe as the primary cause of the market volatility, reported Reuters.
Golden Goose, owned by private equity firm Permira, was aiming for a market capitalization of up to 1.86 billion euros ($2 billion), which was below the initial expectations. The company, which sells shoes for approximately 500 euros a pair, stated that it would consider reviving the …
Full story available on Benzinga.com
Golden Goose, an Italian luxury sneaker brand, has decided to postpone its initial public offering on the Milan stock exchange due to the prevailing political uncertainty in Europe.
What Happened: The company, known for its high-end sneakers, has delayed its IPO, which was scheduled for June 21, citing the recent political turmoil in Europe as the primary cause of the market volatility, reported Reuters.
Golden Goose, owned by private equity firm Permira, was aiming for a market capitalization of up to 1.86 billion euros ($2 billion), which was below the initial expectations. The company, which sells shoes for approximately 500 euros a pair, stated that it would consider reviving the …
Full story available on Benzinga.com
Golden Goose, an Italian luxury sneaker brand, has decided to postpone its initial public offering on the Milan stock exchange due to the prevailing political uncertainty in Europe.
What Happened: The company, known for its high-end sneakers, has delayed its IPO, which was scheduled for June 21, citing the recent political turmoil in Europe as the primary cause of the market volatility, reported Reuters.
Golden Goose, owned by private equity firm Permira, was aiming for a market capitalization of up to 1.86 billion euros ($2 billion), which was below the initial expectations. The company, which sells shoes for approximately 500 euros a pair, stated that it would consider reviving the …Full story available on Benzinga.com Read MoreGolden Goose, News, Reese Witherspoon, Selena Gomez, Shivdeep Dhaliwal, sneakers, Taylor Swift, Markets, General, News, Markets, General, Benzinga Markets
