PERMIRA COMPLETES INVESTMENT IN GOLDEN GOOSE
Golden Goose, Permira, and The Carlyle Group have successfully completed its acquisition of Carlyle’s majority stake in the Italian brand popular for its star-emblazoned sneakers. Carlyle retains a minority stake in the business. The transaction was originally announced in February 2020.
Golden Goose has also announced that it has appointed Maureen Chiquet as non-executive chairwoman of the company, succeeding Patrizio di Marco who remains a co-investor in the company. Chiquet was previously Global CEO of Chanel, having left the company in 2016. She began her career at L’Oréal in France, before joining The Gap and then moving to Chanel in 2003.
“I’m very happy to welcome Permira as our new partners,” said Silvio Campara, CEO at Golden Goose. “Their expertise and knowledge of the consumer sector will be invaluable to us as we continue to grow and deliver our products to an increasingly global audience. The events of recent months haven’t changed our growth ambitions and we remain strongly convinced of the brand’s potential. As a testament to this, I’m proud to say that the management team has all reinvested their proceeds back into the company – the best and most tangible sign of how much we believe in the future success of Golden Goose and how united we are as a team.”
Campara continued, “I’d also like to take this opportunity to thank Carlyle for their support over the years and we are delighted to be renewing this successful partnership. I am absolutely thrilled and honoured to welcome Maureen to the Golden Goose family. She is an inspiration to all of us with her vision and experience.”
“I am thrilled to join the Golden Goose family,” added Chiquet. “I’ve been intrigued by the brand since its inception as it has so artfully combined all of the elements of luxury — craftsmanship, quality, and authenticity— with what customers today want most — individuality, perfect imperfection, and unbridled creativity. I’m excited to support Silvio and his amazingly talented, passionate, and energetic team, and help steward the brand in its next phase of explosive growth.”
Established in 2000 in Venice, Italy, Golden Goose now has operations in Europe, the U.S., and Asia, has a network of 100 Directly Owned Stores (DOS), and a fast-growing online presence.