News

Permira Funds Complete Investment in Golden Goose

16 June 2020

Golden Goose announces hiring of Maureen Chiquet as Non-Executive Chairwoman

16th June 2020 – Golden Goose, Permira and The Carlyle Group (NASDAQ: CG) today announced that a company backed by the Permira funds has successfully completed its acquisition of Carlyle’s majority stake in Golden Goose. 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. Maureen 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.

Established in 2000 in Venice, Italy, Golden Goose is one of the fastest growing and most distinctive luxury fashion brands, widely recognised for its iconic sneakers. The company has operations in Europe, US and Asia, has a network of 100 Directly Owned Stores (DOS) and a fast growing online presence.

Silvio Campara, CEO at Golden Goose, said:

“I’m very happy to welcome Permira as our new partners. 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 have 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. 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.”

Maureen Chiquet added:

“I am thrilled to join the Golden Goose family. 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."

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