HSG Completes Acquisition of Golden Goose, Marco Bizzarri Named Non-executive Chairman

MILAN — The woody betwixt Golden Goose and planetary task superior and backstage equity firm HSG was completed connected Wednesday, with the second becoming bulk shareholder of the Italian brand.

Temasek and True Light Capital, an plus manager wholly-owned by Temasek, joined arsenic number investors. And Permira volition stay committed arsenic a strategical number shareholder.

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Silvio Campara is staying connected arsenic main enforcement serviceman and Marco Bizzarri, antecedently a non-executive manager connected the committee since April 2024, volition go non-executive chairman, effectual immediately.

The acquisition was revealed successful December and fiscal presumption of the transaction were not disclosed.

"Today marks the opening of an breathtaking caller section for Golden Goose. We are thrilled that HSG and Temasek are officially joining america arsenic strategical partners," Campara said. "We look guardant to benefiting from their immense acquisition of scaling planetary brands crossed luxury and accelerating innovation arsenic we measurement up our planetary ambitions and bring Golden Goose to much Dreamers astir the world. This concern is yet different endorsement of our unsocial exemplary and the planetary resonance of our marque and volition assistance america unleash Golden Goose's afloat imaginable arsenic a starring Next Gen luxury brand."

Under Campara's lead, Golden Goose has delivered accordant growth, with revenues expanding to 734 milion euros successful 2025 from 266 cardinal euros successful 2020.

In the archetypal quarter, income climbed 10 percent to 173.2 cardinal euros.

"Golden Goose is simply a genuinely one-of-a-kind luxury marque — its Italian heritage, pioneering exemplary and authentic dependable link with a increasing and passionate assemblage astir the world," said HSG spouse Jiajia Zou. "We are pleased to beryllium partnering with Silvio and his talented team, arsenic good arsenic Temasek and Permira to unlock caller opportunities for growth, portion honoring what has made the marque truthful palmy to date."

Bizzarri, aft successfully processing his vocation arsenic president and CEO of Gucci, and earlier that astatine Bottega Veneta and Stella McCartney, became an capitalist successful Forel, which successful 2024 entered into an statement connected behalf of the FARO money to get a bulk involvement successful Italian luxury interior design brand Visionnaire. He is besides a spouse successful Orienta Capital Partners, which specializes successful investments successful small- and medium-sized companies with beardown maturation potential. Bizzarri has besides been a subordinate of the committee of the Giorgio Armani Group since November.