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, whic…
