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Golden Goose delays IPO amid luxury sector challenges

Golden Goose Group has postponed its initial public offering due to European market volatility. The company’s management cited the current market conditions as unsuitable for going public and will reassess the IPO later. Despite positive engagement with investors and strong support from Invesco, which committed 100 million euros ($107 million), market conditions deteriorated significantly after the recent European Parliament elections and the announcement of a general election in France, particularly affecting the luxury sector. Consequently, Golden Goose decided to delay the IPO process.

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