Luxury sneaker maker Golden Goose postpones IPO citing political turmoil in Europe

Luxury sneaker maker Golden Goose postpones IPO citing political turmoil in Europe


A normal view of Golden Goose Celebrity “Paint Your Adore” sneakers.

Icon Sportswire | Icon Sportswire | Getty Photos

Italian sportswear manufacturer Golden Goose postponed its Milan IPO on the grounds that the European Parliament elections and the contact for a snap election in France have led to “substantial deterioration” in industry problems.

Golden Goose, recognized for its worn-wanting trainers which have been created preferred by celebs these types of as Taylor Swift, was aiming for a current market capitalization of up to 1.86 billion euros ($2 billion).

Made with Flourish

The “present industry backdrop is not the suitable atmosphere to choose the company community,” the business mentioned in a Tuesday statement, adding that an IPO will be reassessed in owing training course.



Supply

SpaceX aims for 0 billion valuation in secondary share sale, WSJ reports
World

SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports

Elon Musk’s SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 billion, The Wall Street Journal reported Friday. SpaceX is also telling some investors it will consider going public possibly around the end of next year, the report said. At the elevated price, Musk’s aerospace and […]

Read More
Bitcoin turns negative for the week as it fails to hold above ,000: CNBC Crypto World
World

Bitcoin turns negative for the week as it fails to hold above $90,000: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin and other major cryptocurrencies turn negative to closer out the week. Plus, prosecutors recommend a 12-year prison sentence for Terraform Labs founder Do Kwon. And Summer Mersinger, CEO of the Blockchain Association, discusses the […]

Read More
India’s largest airline melts down after new crew rest rules
World

India’s largest airline melts down after new crew rest rules

Passengers seen in heavy rush and chaos at the IndiGo counter at Indira Gandhi International Airport Terminal 1 after a technical glitch at IndiGo caused delays and cancellations of multiple flights on Dec. 4, 2025 in New Delhi, India. Hindustan Times | Hindustan Times | Getty Images Air travel across India was in turmoil for a fourth […]

Read More