News: Golden Goose Company
Golden Goose, a prominent Italian luxury sneaker manufacturer, reported a notable 18% increase in net revenues at constant exchange rates for the previous year, according to an announcement made on March 7. This surge in revenue comes as the company gears up for an initial public offering (IPO) on the Milan stock exchange.
The company disclosed that its net revenues surged to 587 million euros in the previous year, attributing this growth in part to the launch of 21 new retail outlets. As a result, the total number of Golden Goose stores expanded to 191 by the end of 2023.
Golden Goose, predominantly owned by private equity firm Permira, also revealed that its adjusted core profit climbed by 19% to 200 million euros in 2023.
These figures underscore the brand's robust performance and expansion efforts, setting the stage for its upcoming IPO and highlighting its position as a key player in the luxury sneaker market.