HSG completes acquisition of majority stake in Golden Goose

HSG has completed its acquisition of a majority stake in Golden Goose, with Temasek and True Light Capital investing as minority shareholders. Permira will also remain a strategic minority investor
Golden Goose has announced that the Chinese venture capital and private equity firm HSG has completed the acquisition of a majority stake in the company. Temasek, a global investment company, and True Light Capital, a wholly-owned Temasek asset manager, have also finalised their investments as minority shareholders. Permira will remain a strategic minority shareholder.
By leveraging the global reach of HSG and Temasek, as well as their complementary experience in scaling leading consumer brands and innovations, the group expects to continue accelerating its international expansion and innovation platform. It also plans to strengthen its distinctive direct-to-consumer model, while preserving its Made in Italy roots.
As previously announced, Silvio Campara will continue to lead Golden Goose as Chief Executive Officer, working with the existing leadership team. Meanwhile, Marco Bizzarri, who brings decades of experience in the luxury industry from his previous leadership roles at Gucci, Bottega Veneta and Kering, has been appointed non-executive chairman.
“Today marks the beginning of an exciting new chapter for Golden Goose”, said Silvio Campara. “We are thrilled that HSG and Temasek are officially joining us as strategic partners” and “look forward to benefitting from their vast experience of scaling international brands across luxury and accelerating innovation as we step up our global ambitions and bring Golden Goose to more Dreamers around the world”.
Jiajia Zou, Partner at HSG, commented: “Golden Goose is a truly one-of-a-kind luxury brand – its Italian heritage, pioneering model and authentic voice connect with a growing and passionate community around the world. We are pleased to be partnering with Silvio and his talented team, as well as Temasek and Permira to unlock new opportunities for growth, while honouring what has made the brand so successful to date”.
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