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Carlyle Group closes acquisition of Golden Goose Deluxe
13
Mar '17
Carlyle Group, a global alternative asset manager has completed the acquisition of Italian luxury lifestyle fashion company, Golden Goose Deluxe from a group of investors led by Ergon Capital Partners. Equity for the transaction, the agreement for which was first signed in February 2017, came from Carlyle Europe Partners IV and Carlyle Asia Growth Partners V.

Carlyle has appointed Giorgio Presca as the new CEO of Golden Goose, who will drive the company’s next expansion phase.

With over 25 years of experience in fashion, apparel and footwear sectors, Presca joins the company from Geox, where he has served as CEO since 2012.

"We believe in Golden Goose’s strong growth potential and we think that Giorgio will build on the momentum already underway," Marco De Benedetti, managing director at Carlyle Europe Partners. "Thanks to his deep roots in the fashion and footwear industry and a successful history of brand management, retail excellence and international business development experience." (AR)

Fibre2Fashion News Desk – India


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