Golden Goose is preparing to take the next step in its development by listing on the Milan Stock Exchange in 2024. The Italian luxury sneaker brand, known for its distressed sneakers and signature star patch, has seen rapid growth in recent years, driven by strong demand for its products in both domestic and international markets. The company’s move to go public will allow it to raise capital to fuel further expansion and solidify its position as a leading player in the global luxury footwear market..
Golden Goose was founded in 2000 by husband-and-wife team Alessandro Gallo and Francesca Rinaldo. The brand quickly gained a following for its unique and stylish designs, which combine elements of vintage and contemporary streetwear. The company’s signature sneaker, the Superstar, is made from distressed leather and features a removable star patch that can be customized to the wearer’s liking. Golden Goose sneakers have become a status symbol among fashion-conscious consumers, and the brand has been worn by celebrities such as Rihanna, Beyoncé, and Justin Bieber..
In recent years, Golden Goose has experienced significant growth, with revenue increasing from €10 million in 2015 to €250 million in 2022. The company has expanded its product line to include apparel, handbags, and accessories, and it now operates over 100 stores worldwide. Golden Goose’s success is attributed to its strong brand identity, its focus on quality and craftsmanship, and its ability to appeal to a wide range of consumers..
The company’s decision to list on the Milan Stock Exchange is a major milestone in its development. The IPO is expected to raise up to €300 million, which Golden Goose will use to invest in new store openings, product development, and marketing initiatives. The listing will also provide the company with greater financial flexibility and access to capital for future growth..
Golden Goose’s listing on the Milan Stock Exchange is a testament to the brand’s success and its potential for further growth. The company is well-positioned to continue its expansion in the global luxury footwear market, and its IPO will provide it with the resources it needs to achieve its ambitious goals..
