Golden Goose, the Chinese fund Hsg takes management: 2.5 billion operation | EUROtoday

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Chinese enterprise capital fund HSG has signed an settlement to amass a majority stake in Golden Goose. Temasek will in flip take over a minority stake, whereas the previous mum or dad firm Permira has “partially realized the investment” and can stay as a strategic minority shareholder. According to monetary sources, the worth of the operation is roughly 2.5 billion. «The funding – explains a notice – is predicated on a robust strategic and cultural affinity with Golden Goose’s development ambitions. Leveraging the expertise of the brand new traders and their monitor file in investing in worldwide luxurious manufacturers and know-how (together with Moncler and Ermenegildo Zegna by Temasek, Pop Mart, RedNote and Marshall by Hsg), the brand new companions will assist Golden Goose’s worldwide ambitions as a next-generation world luxurious firm, preserving and persevering with to put money into the group’s ‘Made in Italy’ roots.”

The numbers and governance

In the 9 months ending at the end of September 2025, Golden Goose recorded revenue growth of 13% year-on-year, driven by a 21% increase in the DTC channel and the expansion of the retail network, which reached 227 direct stores, compared to 97 in 2019.

Silvio Campara will continue to lead the Group as CEO, together with the current leadership team. Marco Bizzarri, currently Non-Executive Director of the Golden Goose Board of Directors, will become Non-Executive Chairman.