Italy light luxury shoes brand Golden Goose Deluxe Brand is expected to 2017 annual sales will achieve double-digit growth and independent brand stores network will be further expanded. Recently, Golden Goose in Milan to launch a series of packages to celebrate the brand classic Superstar sports shoes born 10 years.
Golden Goose was founded by Francesca Rinaldo and Alessandro Gallo in Italy, Venice in 2001, in March this year by the US private investment giant Carlyle Group Carlyle Group took over, this week ushered in its iconic sports shoes Superstar was born 10th anniversary anniversary, but also determine the brand new business and distribution.
The 10th anniversary event was held at Golden Goose's flagship store at Ponte Vetero Road, Milan, with a limited edition of the 1000-star Superstar Capsule series in Tokyo, Seoul and New York, and inspired by the moon Main colors, street hip hop style t-shirts, sweater and pilot jacket series.
In addition to the brand flagship store and the official electricity business sales Superstar 10th anniversary capsule series on platform goldengoosedeluxebrand.com, the situation of Golden Goose business is also very impressive. It is said that Golden Goose 2016 sales of about 100 million euros, while the 2017 fiscal year is expected to achieve double-digit growth in sales.
Brand CEO, Giorgio Presca, in an interview with the Italian fashion media MF Fashion said "2018 will be Golden Goose to re-adjust the key years. We are now not only accounted for 75% to 80% of the brand business of footwear products to invest. Clothing products is also the direction of our attention, we will be for men and women to develop a more fit tailoring.
Giorgio Presca also concluded "At present, we have 90% of sales from the wholesale channel. For this reason, we have begun to build our global network, the target in the next 3 to 5 years in the add 50 to 70 separate brand stores.
In September this year, Golden Goose completed the acquisition of the brand's direct business in Korea, which obtained 19 stores. Lathan & Watkins Lawyers provided legal assistance to Golden Goose in the transfer of direct sales. At the same time, Golden Goose also opened a new store in Venice and in New York Madison Avenue opened the second US store (the first in Los Angeles). Recently, the Munich store and the Roman store is also about to open, London, Vienna and Zurich stores will also open the door in the near future welcoming.
In February, the Carlyle Group announced that it had signed an agreement with Ergon Capital Partners, the largest shareholder of Golden Goose, to acquire the entire share capital of Golden Goose with a transaction amount of up to € 400 million. The deal was led by Marco De Benedetti, a partner of the Italian subsidiary of Carlyle Group, and completed by Carlyle Europe Partners IV, a fundraiser of the Carlyle Group, which specializes in large and medium-sized European markets. Golden Goose is Carlyle Group in the European fashion and clothing industry's fourth major investment, the first three investments were Moncler, TwinSet Simona Barbieri and Hunkemoller.
In May 2015, Ergon Capital Partners II, an investment firm focused on medium-sized enterprises, acquired a 75% stake in Golden Goose from the Italian private equity fund DGPA SGR for about 80 million euros, and brand co-founders Alessandro Gallo and Francesca Rinaldo the remaining shares.
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