We learned from Sequoia China that the agency has reached a deal with Temasek and its wholly-owned asset management company Danming Capital's fund Permira to jointly acquire Italian high-end sneaker retailer Golden Goose. The exact amount of the deal was not disclosed. After the acquisition is completed, Sequoia China will hold a majority stake in Golden Goose Group, Temasek and its funds will hold minority shares, and the original shareholder Permira will also retain minority shares. Sequoia China said Silvio Campara will continue as CEO of Golden Goose Group and will be responsible for the future development of Golden Goose with the existing leadership team. Marco Bizzarri, the current non-executive director of Golden Goose's board of directors, will be the non-executive chairman. Earlier, he was the CEO of the Italian luxury brand Gucci Gucci.

We learned from Sequoia China that the agency has reached a deal with Temasek and its wholly-owned asset management company Danming Capital's fund Permira to jointly acquire Italian high-end sneaker retailer Golden Goose. The exact amount of the deal was not disclosed. After the acquisition is completed, Sequoia China will hold a majority stake in Golden Goose Group, Temasek and its funds will hold minority shares, and the original shareholder Permira will also retain minority shares. Sequoia China said Silvio Campara will continue as CEO of Golden Goose Group and will be responsible for the future development of Golden Goose with the existing leadership team. Marco Bizzarri, the current non-executive director of Golden Goose's board of directors, will be the non-executive chairman. Earlier, he was the CEO of the Italian luxury brand Gucci Gucci.