Golden Goose (company) explained

Golden Goose
Industry:Fashion
Location City:Venice
Location Country:Italy
Key People:Silvio Campara (CEO)
Revenue:€587 million (2023)
Owner:Permira
Num Employees:1,224 (2024)
Website:Official Website

Golden Goose (GG) is an Italian luxury fashion brand specialized in footwear outerwear headquartered in Venice, Italy.

History

Founded in 2000, the brand launched a collection of high fashion sneakers differentiated by durable craftsmanship and distressed look.[1] [2] In 2007, they launched the Super-Star model and the signature five-point star iconography.[3] The company reported €500 million in annual sales in 2023. Golden Goose maintains that their footwear sales account for 90% of annual sales.

Ownership

After belonging to The Carlyle Group for three years, it was sold to Permira in 2020.[4] [5] In 2022, Golden Goose purchased its main sneaker supplier, Italian Fashion Team.[6]

Subculture

Golden Goose is a major staple of Generation Z and zillenial fashion, particularly in the U.S. and Europe.[7]

See also

Further reading

Notes and References

  1. News: The Cult of Golden Goose. Scott. Christian. The Wall Street Journal. March 29, 2016. 2016-08-17.
  2. Golden Goose Ramps Up International Expansion. ㅁAlex. Wynne. Women's Wear Daily. March 8, 2015. 2016-08-17.
  3. Web site: Biondi . Annachiara . December 10, 2023 . Can Golden Goose do more than sneakers? . 2024-06-22 . Financial Times.
  4. News: Permira Funds Complete Investment in Golden Goose. Permira. 2023-01-01. en-US. 2023-01-01. https://web.archive.org/web/20230101041012/https://www.permira.com/about/news/permira-funds-complete-investment-in-golden-goose. dead.
  5. News: Golden Goose announces majority investment from Permira Funds. Permira. 2023-01-01. en-US. 2023-01-01. https://web.archive.org/web/20230101041016/https://www.permira.com/about/news/golden-goose-announces-majority-investment-from-permira-funds. dead.
  6. News: Golden Goose Acquires Its Main Sneaker Supplier. WWD. 2023-01-01. en-US.
  7. Web site: Rogelberg . Sasha . May 28, 2024 . Gen Z sneaker brand with $740 'dirty' shoes counts Taylor Swift as a fan—and is eyeing a $3.3 billion valuation . May 28, 2024 . Fortune . en.