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Op-Ed | Is Golden Goose Worth $3 Billion?

As it prepares to go public, the company is wooing investors as a luxury brand, but it looks more like Dr Martens, in that it’s reliant on a signature shoe style that risks falling out of fashion, argues Andrea Felsted.
Golden Goose's Yatay 1B sneaker is made with a plant-based leather alternative developed by Coronet, a materials manufacturer Golden Goose is partnering with on a new R&D facility.
As it prepares to go public, the company is wooing investors as a luxury brand, but it looks more like Dr Martens, in that it’s reliant on a signature shoe style that risks falling out of fashion, argues Andrea Felsted. (Golden Goose)

Golden Goose Group SpA

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Further Reading

Golden Goose Aims to Raise €100 Million in IPO

Proceeds from an initial public offering in Milan will be used to pay down debt and fund expansion, CEO Silvio Campara said. Permira will also reduce its stake in the Italian maker of pre-distressed sneakers as part of the transaction.

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