A person familiar with the matter said that Carlyle Group LP is considering the sale of Italian luxury sports shoe brand Golden Goose, subject to Selena Gomez and Taylor Swift. And other celebrities.
People familiar with the matter said the private equity firm is working with Bank of America Corp. on a potential deal. The company requested anonymity because the information was not public. People familiar with the matter said that cheap golden goose is known for its retro-style shoes, adorned with the brand’s iconic stars on the sides, and could cost more than 1 billion euros ($ 1.1 billion).
The pair of sneakers made by Golden Goose, founded by Venetian designers Francesca Rinaldo and Alessandro Gallo in 2000, sell for 400 euros. People familiar with the matter said its annual income before interest, taxes, depreciation and amortization was about 80 million euros.
A person familiar with the matter said that the review is still in its early stages and there is no certainty that it will lead to a transaction. Representatives of Carlyle and Bank of America declined to comment.
A person familiar with the matter said at the time that the Carlyle Group acquired Golden Goose from Ergon Capital Partners SA in 2017. The transaction puts the company at a value of about € 400 million.