Wedoany.com Report-Jan.2, Golden Goose, the Italian luxury lifestyle brand, has announced that HSG, a Chinese venture capital and private equity firm (formerly known as Sequoia Capital China), will acquire a majority stake in the group. Temasek, a global investment company, together with a fund managed by its wholly-owned asset manager True Light Capital, will join as minority investors.

Funds advised by Permira, along with other existing shareholders, will partially realize their investment. They will retain a minority stake in the company under the new ownership structure.

Silvio Campara will continue to serve as Chief Executive Officer, leading the group alongside the existing management team. Marco Bizzarri, currently a non-executive director on the Golden Goose board, will take on the role of non-executive chairman.

Silvio Campara, Chief Executive Officer of Golden Goose, commented: “We are delighted to welcome HSG and Temasek as strategic partners to Golden Goose as we step up our global ambitions as a leading international luxury brand. Their investment is yet another vote of confidence in the success of our model at the intersection of luxury, lifestyle, and sportswear, beloved by a growing, global community of Dreamers.”

Campara added: “With their experience of scaling international leaders across luxury and the broader business spectrum, HSG and Temasek will help us unlock the vast opportunity ahead for Golden Goose.” He also thanked Permira, stating they “are delighted they will remain valued partners alongside HSG and Temasek” after having been “integral partners to our successful journey so far.”

The transaction follows a strong performance in the first nine months of the year, during which Golden Goose recorded a 13% year-on-year revenue increase, reaching 517.1 million euros. Growth was driven by a 21% rise in the direct-to-consumer channel and the continued expansion of the store network.

Although financial details of the deal were not disclosed, market sources estimate the enterprise value of Golden Goose at approximately 2.5 billion euros. The transaction is expected to be finalized by next summer, subject to customary regulatory approvals.

This investment reflects confidence in Golden Goose’s unique positioning and growth potential. The brand, known for its handcrafted sneakers and ready-to-wear collections, has built a loyal global following. The partnership with HSG and Temasek will support further international expansion, product development, and brand elevation.

The continued involvement of Permira and other existing shareholders ensures continuity of experience and support during the next phase. With Silvio Campara leading the executive team and Marco Bizzarri as non-executive chairman, the group is well positioned to pursue its strategic objectives.

The transaction marks a significant milestone for Golden Goose, reinforcing its trajectory as a leading player in the international luxury and lifestyle market.