Italian luxury brand Golden Goose completes acquisition by HSG, with Temasek and Permira retaining minority stakes amid revenue growth.
HSG has finalized its acquisition of Golden Goose, securing a majority stake in the Italian luxury brand. Temasek and its asset manager True Light Capital joined as minority investors, while Permira remains a strategic minority shareholder. Marco Bizzarri was named non-executive chairman, with Silvio Campara continuing as CEO.
The deal, announced in December, did not disclose financial terms. Golden Goose reported revenues of 734 million euros in 2025, up from 266 million euros in 2020. First-quarter sales rose 10 percent to 173.2 million euros, reflecting consistent growth under Campara’s leadership.
Campara stated the partnership aims to accelerate global expansion and innovation, leveraging HSG and Temasek’s experience in scaling luxury brands.