Reported 5 months ago
Luxury sneaker brand Golden Goose SpA is reportedly planning to launch an initial public offering in Milan this week, following positive feedback from potential investors. The company, valued at around €3 billion, is being compared to puffy jacket maker Moncler SpA and is expected to be valued at about 11 times this year's estimated earnings. Despite a slowing luxury market, Golden Goose is moving forward with its IPO amid a strong European listings rebound this year.
Source: YAHOO