Italian luxury brand Golden Goose has completed a major ownership transition, with Chinese private equity firm HSG acquiring a majority stake and Singapore investment firm Temasek joining as a minority shareholder.

The deal, first announced in December, has closed following regulatory approvals, with existing investor Permira retaining a minority stake. Financial terms were not disclosed.

The new ownership structure is set to support Golden Goose’s next stage of global expansion while preserving its focus on Italian craftsmanship and its direct-to-consumer retail model.

CEO Silvio Campara will continue to lead the company alongside the existing management team, while former Gucci CEO Marco Bizzarri has been appointed non-executive chairman, effective immediately.

Campara said the new investors would bring extensive experience in scaling global luxury brands and driving innovation, helping Golden Goose accelerate its international ambitions.

“We look forward to benefiting from their vast experience of scaling international brands across luxury and accelerating innovation as we step up our global ambitions and bring Golden Goose to more Dreamers around the world,” said Silvio Campara. 

“This investment is yet another endorsement of our unique model and the global resonance of our brand and will help us unleash Golden Goose’s full potential as a leading Next Gen luxury brand.”

Golden Goose has expanded rapidly under Permira’s ownership, growing its global retail footprint to 232 stores across Asia-Pacific, Europe and the Americas.

The brand has also strengthened its direct-to-consumer business and invested in experiential retail concepts, including its signature in-store co-creation services, as it continues to broaden its international presence.