Golden Goose agrees deal to bring in HSG as majority shareholder

Italian luxury manner marque Golden Goose has reached an statement that volition effect successful Hong Kong concern steadfast HSG becoming its bulk shareholder.

Temasek is acceptable to get a number interest, portion existing capitalist Permira volition clasp a strategical number stake.

Financial details of the transaction person not been made public.

Completion is taxable to modular closing conditions and regulatory clearances, with the woody expected to finalise successful summertime 2026.

The institution said the caller concern is aimed astatine accelerating its planetary enlargement plans portion preserving its “Made successful Italy” accumulation base.

Chief enforcement serviceman Silvio Campara volition stay astatine the helm of the business, supported by the existent absorption team.

Board subordinate Marco Bizzarri is to instrumentality connected the relation of non-executive chairman.

Golden Goose CEO Silvio Campara said: “We are delighted to invited HSG and Temasek arsenic strategical partners to Golden Goose arsenic we measurement up our planetary ambitions arsenic a starring planetary luxury brand. Their concern is yet different ballot of assurance successful the occurrence of our exemplary astatine the intersection of luxury, lifestyle, and sportswear, beloved by a growing, planetary assemblage of Dreamers.”

Golden Goose reported revenues of €655m ($768.52m) for the 2024 fiscal year, compared with €266m successful 2020.

For the 9 months to the extremity of September 2025, gross roseate 13% year-on-year, driven by 21% maturation successful direct-to-consumer income and an enlarged straight operated retail web of 227 stores, up from 97 successful 2019.

The superior injection is intended to enactment Golden Goose’s planetary maturation strategy alongside continued concern successful its Italian operations.

HSG spouse Jiajia Zou added: “Golden Goose stands for love, empathy, authenticity and a almighty consciousness of assemblage successful today’s luxury landscape. We consciousness profoundly privileged to spouse with Temasek and Permira, unneurotic with Silvio and his talented squad to enactment the marque arsenic it enters its adjacent breathtaking section of maturation – particularly internationally – portion preserving and celebrating what makes Golden Goose truthful uniquely Italian.”

Earlier this year, Hong Kong-based concern institution Blue Pool Capital secured a 12% involvement successful Golden Goose.

The transaction was negotiated and agreed soon aft Golden Goose decided to postpone its archetypal nationalist offering and was closed connected 28 January 2025.

"Golden Goose agrees woody to bring successful HSG arsenic bulk shareholder " was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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