Golden Goose Group welcomes HSG as majority investor, alongside Temasek as minority shareholder

The investment is founded on a strong strategic and cultural fit - drawing on their combined experience and track records investing in international luxury and consumer technology brands, such as Moncler and Ermenegildo Zegna Group and Pop Mart, HSG and Temasek will support Golden Goose’s international ambitions as a leading next-generation luxury brand. Both companies are committed to preserving and further investing in Golden Goose’s Made in Italy roots.

The investment from HSG and Temasek comes amid a period of strong financial performance for Golden Goose. In the nine months ended September 2025, the Group reported double-digit growth across regions. Revenues rose 13% year-on-year, driven by 21% growth in its DTC channel and an expanded store network, which reached 227 directly operated stores, up from 97 in 2019.

Silvio Campara will continue to lead the Company as Chief Executive Officer, alongside the existing leadership team. Marco Bizzarri, currently a Non-Executive Director on the Golden Goose board, will become Non-Executive Chairman, bringing significant industry expertise, shaped by his leadership of globally renowned luxury brands including Gucci, Bottega Veneta and Kering, and will play an important role in and accelerating Golden Goose’s next phase of global expansion.

Silvio Campara, Chief Executive Officer of Golden Goose, said: “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.”