Luxury sneaker maker Golden Goose postpones IPO citing political turmoil in Europe
Publishing timestamp: 2024-06-19 02:15:49
Summary
Italian sportswear brand Golden Goose postponed its Milan IPO due to market conditions impacted by European Parliament elections and a call for snap election in France. The company, known for its popular trainers, will reassess the IPO in the future. French CAC 40 lost more than 6.2% last week, and Golden Goose had Invesco as a cornerstone backer for the listing.
Sentiment: NEGATIVE
Tickers: .FCHI,
Keywords: ipo, retail industry, business news, breaking news: markets, cac 40 index, breaking news: business, markets,