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Saturday, 21 March 2026

#Qatar Eyes 10% Stake in Italy’s Golden Goose, Corriere Says - Bloomberg

Qatar Eyes 10% Stake in Italy’s Golden Goose, Corriere Says - Bloomberg

Qatar Investment Authority, the country’s sovereign wealth fund, is preparing to buy a stake of about 10% in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.

The reported move would add another investor to Golden Goose after HSG agreed in December to acquire a majority stake from Permira in a deal valuing the company at just over €2.5 billion ($2.9 billion). It also signals continued interest from global funds in Italian luxury assets.

Corriere said QIA is poised to invest alongside HSG, formerly known as Sequoia Capital China, as well as Temasek and Permira, which retained a minority stake following the transaction.

If the investment is priced in line with the €2.5 billion valuation, the QIA stake would be worth about €250 million, Corriere said.

Golden Goose reported revenue of €734 million in 2025, with direct-to-consumer sales rising 21% year on year. Adjusted Ebitda was €248.3 million, and the group operated 232 stores.

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