The Carlyle Group announced that it has completed the acquisition of the Italian luxury lifestyle fashion company, Golden Goose Deluxe Brand from a pool of investors led by Ergon Capital Partners.

Carlyle will lead the brand’s expansion phase with Giorgio Presca, appointed as new CEO, effective from 7 March 2017. With over 25 years of experience in fashion, apparel and footwear sectors, Presca joins the company from Geox, where he has worked as CEO since 2012, managing the company’s reorganization and definition of brand and marketing strategies. Past positions held by Presca include CEO for Citizens of Humanity, president of VF Jeanswear International, brand general manager at Diesel Group and brand director EMEA at Levis Strauss & Co. His early career includes marketing positions at Nordica and Lotto.

 

Established in 2000 with headquarters in Venice, Italy, Golden Goose Deluxe Brand is a fast-growing high-end lifestyle fashion company with strong global positioning in the luxury sneaker market.