Following nearly two years of IPO and private sale rumors, a controlling stake in the Italian luxury sneaker brand is being sold to global investment firm HSG with participation from Singapore-based Temasek and its subsidiary True Light Capital. Current majority owner Permira and other existing shareholders will retain minority positions. The transaction is expected to close in summer 2026, subject to regulatory approvals. Financial terms of the deal were not disclosed.

Golden Goose has grown rapidly in recent years, with revenues climbing from €266 million in 2020 to €655 million in 2024. ... Log in to view full article.