Moody’s upgraded the Italian luxury sneaker maker’s corporate family rating and rating on its €480 million senior secured notes due May 2027 to B1, and the outlook was changed to stable from positive. The upgrades reflect the company’s solid financial performance in recent years, with revenue growing 60% on a cumulative basis from Dec. 2021 through June 2024. Golden Goose’s growth has come from new store openings and like-for-like gains, resulting in an adjusted EBITDA increase to €195 million on ... Log in to view full article.