Italian luxury footwear brand Golden Goose, renowned for its distinctive distressed sneakers, is embarking on a new chapter following a significant ownership change. Private equity firm Permira, which previously held a majority interest, has now transferred control to the investment group HSG, marking a pivotal moment for the brand's future trajectory.
This strategic acquisition also sees the entry of global investors Temasek and True Light Capital as minority shareholders, alongside Permira and other existing investors who will retain a minor stake. This collaborative investment signals a strong belief in Golden Goose's potential for continued expansion, particularly in the international market, while ensuring the preservation of its unique Italian heritage and strong brand identity.
Spearheading this growth is CEO Silvio Campara, who joined Golden Goose twelve years ago and assumed leadership in 2018. Under his guidance, the company has witnessed an extraordinary increase in annual revenues, soaring from \u20ac30 million to an impressive \u20ac654.6 million in 2024. Campara expressed enthusiasm for the new partnership, highlighting the collective experience and resources that HSG and Temasek bring to further unlock Golden Goose's global potential and connect with a wider community of consumers.
The shift in ownership underscores a forward-looking vision for Golden Goose, emphasizing both global outreach and unwavering commitment to its foundational values. This development reflects a dynamic landscape where strategic investments fuel growth, allowing companies to amplify their unique offerings on a worldwide scale. By embracing new partnerships, Golden Goose is poised to continue its ascent as a leading international luxury brand, bringing its distinct blend of style, quality, and community spirit to new audiences while honoring its artisanal roots.
