Golden Goose reinforces its advice with its eyes on the trading floor. Although there is no official confirmation about the next listing of the Italian company, the company incorporates know how external with high experience in the fashion industry. The group has hired Marco Bizzarri, former president and CEO of Gucci, for its highest management body.
Bizzarri is one of the highest-rated executives in the fashion industry, after having promoted the transformation of Gucci, controlled by Kering. Between 2015 and 2023, Gucci went from a turnover of 3.9 billion euros to 9.9 billion euros.
Golden Goose has ended the first quarter of the current financial year with a turnover of 148 million euros, which has represented an increase of 11% compared to the same period in 2023.
The Italian company, which plans to raise one billion euros in its public sale offer (IPO), has hired Marco Bizzarri for its board
Sales in stores and online (direct-to-consumer) rose 18% in all geographic areas. In 2023, the company will open 21 storesreaching a total of 191 establishments around the world.
Founded in 2000, Golden Goose has been controlled since 2020 by Permira, which acquired it from Carlyle. The company ended 2023 with sales of 587 million euros, which represented an increase of 18% compared to 2022. The company’s operating result increased by 22%, to 149 million euros.
In late 2023, Permira hired seven banks for Golden Goose’s potential IPO, which is scheduled to take place this year. The Italian luxury sneaker company plans to raise one billion euros in its public sale offer (opv) in Milan.
