golden goose sale

Taylor Swift’s Golden Goose sneaker brand sold to Permira for € 1.3 billion

cheap golden goose
cheap golden goose

According to people familiar with the matter, Golden Goose is an Italian luxury sports shoe brand worn by celebrities such as Taylor Swift and Selena Gomez. According to the acquisition of private equity firm Permira, the transaction value is approximately For 1.3 billion euros ($ 1.09 billion).

Established in Venice in 2000 by designers Alessandro Gallo and Francesca Rinaldo, this pre-worn style shoe is adorned with the brand’s iconic star and sells for up to 400 euros per pair.

Permira is acquiring Golden Goose from the US acquisition group Carlyle CG, an increase of 7.27%. The company acquired the business in 2017 from a group of investors led by Ergon Capital Partners.

The transaction marks the fourth time the company has been owned by an acquisition company in the past five years. Ergon Capital originally purchased a majority stake in the sneaker brand from DGPA, Riello Investimenti and the company’s founders in 2015.

Under Carlyle’s ownership, Golden Goose has expanded from 7 stores with approximately 100 million euros in sales and 32 million euros before interest, taxes, depreciation and amortization to approximately 260 million euros in sales, with 8,000 90 stores before interest income of 10,000 euros, tax, depreciation and amortization.

The company is headed by CEO Silvia Campera, and the number of employees has also increased from 100 to 300 during this period.

“Today, our partnership with Permira marks an important milestone for the brand. As we continue to grow and deliver our products to an increasing number of global audiences, their experience and outstanding record in the consumer space will be Priceless. “Kampala said in a statement.

Transactions in the luxury fashion sector have been accelerating in recent months as private equity firms hope to deploy a record number of dry powders. Last month, European private equity firm Peninsula Capital acquired a minority stake in French luxury fashion retailer Zadig & Voltaire at an undisclosed price. The fashion group said it will continue to hold a majority stake in its founder Thierry Gillier, while its current minority partner, TA Associates, will sell its shares. investment.

Permira is wandering around Dr. Martens, a British company known for its iconic stomping boots, which is estimated to cost £ 1.2 billion. As of March 2019, Dr. Martens’s profits have increased by 70%, thanks to the success of his “vegan” line of boots, which now account for approximately 4% of total sales.

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Really enviable! Get ahead with the Yeezy 350 and Yeezy 700!

Recently, there is a little brother on the Instagram to get Yeezy Boost 350 V2 “Static” and Yeezy 700 V2 “Static” two pairs of unsold shoes, and these two pairs of shoes are obtained on!

Beginning to be exposed Yeezy Boost 350 V2 “Static” will be available in December this year, and later it was reported that it will be postponed until March next year. The shoes are mainly made of light gray and white. The strongest point is that 3M reflective materials are added to the woven uppers of the whole pair of shoes, and the laces are all covered with reflective materials.

Under the glare of the shoes, the shoes produce a powerful reflective effect, which looks like a pair of star-studded shoes, and another pair of high-end nightclub artifacts are born!

The other pair of Yeezy 700 V2 “Static” is rumored to be released at the end of this year. It is still a retro style with old-fashioned shoes. It is presented in a refreshing light-toned tone. The 3M reflective details are all over the body, and it also has a very good visual effect. .

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YEEZY starts to steal money mode at the end! YEEZY Boost 350 V2 debut!

In addition to the YEEZY BOOST 700 V2 Static will be released at the end of this year, the YEEZY Boost 350 V2 Static, which has been exposed many times, has finally confirmed the release date! The overall style of the shoes is light gray, in addition to the semi-transparent gauze material, 3M reflective material is added to the upper, and the degree of eye-catching after the upper foot can be imagined! The addition of semi-transparent materials has made it possible for all of your unique socks to play well. I believe that more color combinations will be released in the future. YEEZY Boost 350 V2 Static will be officially released on December 27th. Interested friends can pay more attention to our follow-up reports.

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Global limited edition YEEZY Static official release

The XYEZY “Static” shoes and laces that were previously circulated on the Internet are covered with 3M reflective details. Under the illumination of the flash, it is sure to become the most flashing style of the nightclub. Today’s official map is also here.

The new color scheme innovates in the material and injects the hot, transparent material into the signature sideways stripes.

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Yeezy can’t escape the fate of replenishment. Will you start with Yeezy?

As the first-time sale, the adidas Yeezy 350 V2 “Semi Frozen Yellow” is also known as the “Yellow Zebra” because of its similar appearance to “Zebra”. Due to the volume of goods, although it has been repeatedly squandered by everyone, the price is still high.

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Fall below the original price? YEEZY 350 and YEEZY 500 double replenishment!

Let everyone have YEEZY. At that time, Kanye West gave the whole world a big expectation. The limited sale at the beginning really made the shoes go through the speculation, but with the release of YEEZY BOOST 350 V2 all-white color, the latter is directly Let the whole market oscillate. The good news is more than the replenishment of YEEZY BOOST 350 V2. According to the current news, the YEEZY BOOST 350 V2 “Sesame” color matching and the YEEZY 500 “Salt” color matching will continue to be replenished later. It’s really a joy to see it here, and Kanye West has proven the previous guarantee with practical action. The official exposure is that the YEEZY BOOST 350 V2 “Sesame” will open the replenishment on November 23, while the other YEEZY 500 “Salt” will be on sale on November 30th. Now the volume of goods in the entire market is still considerable. If the replenishment volume is large, there is reason to expect the original price to be purchased.