New owner for Golden Goose

Italy
Published:  13 February, 2020

The Italian high-end sneaker brand has been sold to Permira Holdings, which owns the iconic British footwear label Dr Martens.

Golden Goose, Permira and The Carlyle Group announced that a company backed by Permira funds has agreed to acquire Carlyle’s majority stake in Golden Goose. Carlyle acquired Golden Goose in March 2017, and during its ownership revenues grew from €100 million to estimated revenues in excess of €260 million for 2019. Established in 2000 in Venice, Italy, Golden Goose is one of the fastest growing high-end fashion brands, widely recognised for its iconic sneakers. The company has operations in Europe, U.S. and Asia, has a network of 100 directly owned stores (DOS) and a fast-growing online presence.

“Since the foundation of Golden Goose in 2000, we have strived to create innovative products for our customers, combining craftsmanship and a refined and modern style”, said Silvio Campara, CEO, Golden Goose, adding that Permira’s “experience and excellent track record in the consumer sector will be invaluable to us as we continue to grow and deliver our products to an increasingly global audience.”

Credit: Golden Goose