Golden Goose Sneakers Sold by Permira to Chinese Firm HSG
A person opens a box of limited-edition sneakers at a Golden Goose store in London.
Photographer: Jason Alden/BloombergGolden Goose, the Italian maker of $500 distressed sneakers, is getting a Chinese owner.
HSG, formerly known as Sequoia Capital China, clinched an agreement to buy the company from private equity firm Permira, in a deal said to value the company at slightly over €2.5 billion ($2.9 billion), according to people familiar with the matter.