The luxury Italian sneaker label, known for its distressed-looking kicks, is planning on selling shares in an initial public offering in Milan next month,The IPO will let Golden Goose “open a new chapter in our story to an even broader audience,” Golden Goose CEO Silvio Campara told theThe label was founded in 2000, with the husband-and-wife designers Alessandro Gallo and Francesca Rinaldo debuting luxury sneaks in 2007. Since then, the brand has grown to include more than 200 stores.
4 million in 2022 to €49 million in 2023. The brand is hoping to have €1 billion in net revenue by 2029.The IPO comes at a tumultuous time for the luxury industry. Large conglomerates have been struggling as of late, with Kering stating it’sacross its fashion and leather goods arm. Golden Goose, meanwhile, is seemingly looking to test the waters with its public sale and is hoping that more shoppers are drawn to its high-low appeal.