Bankers turn up in $600 sneakers for a chance at Golden Goose IPO

Bankers vying for a role on a possible initial public offering of Golden Goose showed up at pitch meetings wearing pairs of the luxury Italian shoemaker's $600 sneakers, people with knowledge of the matter said. Roughly a dozen banks competed last week in a so-called bakeoff for roles on a potential Milan listing of Golden Goose, according to the people. Bankers pitched valuations of ₹3 billion ($3.3 billion) to ₹4 billion for the company, they said.

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