Golden Goose postpones Milan IPO citing political turmoil in Europe
Golden Goose, the upmarket Italian trainer manufacturer, is putting off plans for its Milan initial public offering (IPO), following turmoil in the European markets after the recent European Union elections. The brand said, in a statement on Tuesday night: "As part of the IPO process, the company has engaged widely with investors. The reception of the story has been very positive, with strong support across the investment community, including from Invesco, who acted as a cornerstone with €100 million of demand. "However, the significant deterioration in market conditions following European Par...