HSG has agreed to acquire a majority stake in the Italian luxury footwear brand Golden Goose, valuing the company at €2.5 billion, as part of a strategy to support its international expansion.

Information on the Target

Golden Goose is an esteemed Italian luxury footwear brand renowned for its unique blend of artisanal craftsmanship and contemporary style. Established with a vision to redefine the sneaker market, the brand has gained a cult following for its distinctive distressed aesthetic and commitment to high-quality materials. Recently, Golden Goose has witnessed a significant surge in its market value, exemplified by the latest acquisition deal that values the company at approximately €2.5 billion.

The brand's journey has been remarkable, especially considering its exponential growth since being acquired by Permira in 2020 for under €1.3 billion. This notable appreciation in value underlines Golden Goose’s strong market presence and successful branding strategies. The company is poised for further expansion and is committed to enhancing its international footprint while preserving its unique heritage.

Industry Overview in Italy

The Italian luxury footwear market is characterized by its rich history and tradition, with brands like Golden Goose leading the charge in innovation and design. Italy is home to some of the world's most prestigious fashion houses, and the luxury segment contin