HSG completes its acquisition of a majority stake in Italian luxury sneaker and lifestyle brand Golden Goose, with Temasek joining as a minority investor. Silvio Campara remains CEO; Marco Bizzarri becomes non-executive chairman.
Golden Goose has a new majority owner. HSG, the international venture capital and private equity firm, completed its acquisition of a majority stake in the Italian luxury sneaker and lifestyle brand on June 24, after all regulatory approvals were secured. Temasek, the Singapore based global investment company, and its wholly owned asset manager True Light Capital joined at the same time as minority shareholders. Permira, which has backed the brand since 2020, retains a strategic minority stake.
The ownership change also comes with a leadership update. Silvio Campara remains chief executive officer, alongside the existing management team. Marco Bizzarri, a nonexecutive director since April 2024 and former chief executive of Gucci and Bottega Veneta at Kering, was appointed nonexecutive chair, effective June 24.
Golden Goose grew revenue from €266 million in fiscal year 2020 to €734 million in fiscal year 2025. In the first quarter of 2026, revenue rose 10 percent year over year to €173.2 million, with growth reported across all regions. The company operates 232 stores across EMEA, the Americas and APAC.
HSG and Temasek said the deal is intended to accelerate international expansion and scale the brand’s direct to consumer model. The brand sits at the intersection of luxury, sportswear and lifestyle, and it has built a meaningful DTC business anchored in its Made in Italy positioning and in store experience. Financial terms were not disclosed.
