HSG to acquire a majority stake in Golden Goose from Permira.

HSG, a global investment firm (formerly Sequoia Capital China) focused on venture capital and private equity, agreed to acquire a majority stake in Golden Goose, a Venice-based fashion brand, from Permira, a global investment firm. Financial terms were not disclosed. “We are delighted to welcome HSG and Temasek as strategic partners to Golden Goose as we step up our global ambitions as a leading international luxury brand. Their investment is yet another vote of confidence in the success of our model at the intersection of luxury, lifestyle, and sportswear, beloved by a growing, global community of Dreamers. With their experience of scaling international leaders across luxury and the broader business spectrum, HSG and Temasek will help us unlock the vast opportunity ahead for Golden Goose. We are grateful to Permira for being integral partners to our successful journey so far and are delighted they will remain valued partners alongside HSG and Temasek,” Silvio Campara, Golden Goose Chief Executive Officer.