Core Viewpoint - The article discusses the ongoing acquisition interest in the Italian luxury sneaker brand Golden Goose, highlighting its significant market presence and the broader trend of consumer mergers and acquisitions in the global market [3][16]. Company Overview - Golden Goose, founded in 2000, is known for its iconic "dirty shoes" which have a vintage look and a distinctive incomplete star logo, with prices starting at 4,000 yuan [3][4]. - The brand gained popularity after introducing the "Super-Star" sneaker in 2007, which featured a "lived-in" style, contrasting sharply with the luxury market's focus on perfection [6][8]. Financial Performance - As of the first half of 2025, Golden Goose reported a net revenue of 342.1 million euros, reflecting a 13% year-on-year growth [10]. - The brand's revenue reached 48 million euros in 2014, with a 60% increase from the previous year, and half of its income coming from international markets [8][9]. Ownership Changes - Golden Goose has undergone several ownership changes, initially acquired by DGPA SGR SpA in 2013 for 45 million euros, which facilitated its global expansion [12]. - In 2017, the Carlyle Group acquired 100% of Golden Goose for approximately 400 million euros, leading to a doubling of revenue within two years [13]. - The brand was later sold to European private equity firm Permira in 2020 for about 1.3 billion euros, with Carlyle retaining a minority stake [14]. IPO Attempts - Golden Goose aimed for an IPO in 2023, but faced delays due to a downturn in European luxury stock valuations [15]. - In February 2025, the brand secured a strategic investment from Blue Pool Capital, owned by Cai Chongxin, which acquired approximately 12% of the company [15]. Market Trends - The article notes a significant trend of consumer mergers and acquisitions, with various high-profile deals occurring in the market, indicating a robust interest in consumer brands despite economic fluctuations [17][19]. - The consumer sector is viewed as resilient and attractive to capital, especially during economic downturns, leading to increased acquisition activity [19][20].
小脏鞋要卖了
投资界·2025-10-14 07:41