The Glossy Podcast
Week in Review: Golden Goose postpones IPO, Galeries Lafayette bounces back, Celine embraces Pilates
Jun 21, 2024
Luxury fashion news covers Golden Goose's IPO delay, Galeries Lafayette's success post-pandemic, Celine's Pilates collection. Strategic retail moves, Paris Olympics impact, luxury brands in activewear market, manufacturing collabs and guest preview.
23:53
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Quick takeaways
- Golden Goose postponed IPO due to economic climate challenges in Europe
- Galeries Lafayette bounces back post-pandemic with focus on store renovations and tech upgrades
Deep dives
Golden Goose Postpones IPO Due to Market Uncertainty
Golden Goose, a luxury sneaker brand, postponed its IPO due to political uncertainty affecting the luxury stock market in Europe. The IPO, priced at around $10.50 per share, was halted as the market conditions were unfavorable, with other luxury shares also experiencing declines.
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