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Golden Goose

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business10 months ago•2 min saved

HSG Acquires Golden Goose in €2.5bn Deal

HSG has acquired a majority stake in Italian luxury footwear brand Golden Goose for about €2.5 billion, marking a significant turnaround for the company after pulling its IPO plans and nearly doubling its valuation since 2020. The deal involves Permira retaining a minority stake and includes investment from Temasek, with Golden Goose aiming to expand internationally, especially in Asia.

via Financial Times|

#acquisition #business #golden-goose

business2 years ago•1 min saved

Golden Goose Set for Milan IPO This Week

Luxury sneaker brand Golden Goose is planning to go public in Milan this week, potentially valuing the company at $3.3 billion. The Italian brand, known for its pre-distressed sneakers popular among celebrities, is owned by private-equity firm Permira. The IPO comes amid a sluggish European IPO market and concerns over slowing demand for luxury goods.

via Business Insider|

#business #golden-goose #ipo