QIA plans to buy 10% stake in Italy’s Golden Goose

The imaginable concern would spot QIA alongside existing shareholders HSG, antecedently known arsenic Sequoia Capital China, Singapore’s Temasek and backstage equity steadfast Permira, which maintains a number interest.

Golden Goose saw a alteration successful bulk ownership successful December 2025 aft HSG acquired a controlling involvement from Permira. The transaction valued the concern astatine €2.5bn ($2.8bn), including debt.

Should QIA proceed astatine this valuation, its imaginable involvement would beryllium valued astatine astir €250m, according to Corriere.

The Italian footwear marque recorded revenues of €734m successful 2025, marking a 15% emergence compared to the erstwhile twelvemonth connected a changeless currency basis.

Direct-to-consumer income accrued by 21% during the aforesaid period. Regional show highlighted maturation successful Europe, the Middle East and Africa (EMEA) astatine 18%, Asia-Pacific astatine 17% and the Americas astatine 9%.

Golden Goose reported adjusted net earlier interest, taxes, depreciation, and amortisation (EBITDA) of €248.3m for 2025, representing 34% of full revenue.

Headquartered successful Milan, Italy, the institution presently operates 232 stores worldwide and focuses connected the sourcing, plan and organisation of trainers, alongside apparel and accessories.

In May 2025, Reuters reported that Golden Goose had ruled retired an archetypal nationalist offering for that twelvemonth but remained unfastened to merger and acquisition opportunities. The institution said it withdrew a planned listing connected the Milan banal speech owed to marketplace volatility.

Last month, Golden Goose received Cradle to Cradle Certified Certification (Full Scope) Bronze level for its HAUS T-shirt postulation past month. The postulation is disposable astatine the company’s Venice store.

"QIA plans to bargain 10% involvement successful Italy’s Golden Goose" was primitively created and published by Just Style, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.