Blue Pool Capital Acquires 12% Stake in Golden Goose

Private Equity
Written By Rick Watson

Blue Pool Capital is a Hong Kong-based investment firm that makes private equity investments for its clients. The firm's investments include venture capital, cryptocurrencies, and real estate.

Golden Goose is a Next Gen global luxury brand operating at the intersection of luxury, lifestyle and sportswear.

Blue Pool Capital, backed by Alibaba co-founder Joe Tsai, has acquired a 12% minority stake in luxury Italian sneaker and apparel brand Golden Goose for an undisclosed amount. Permira will retain a majority shareholding in Golden Goose. Blue Pool Capital will help Golden Goose grow in the Asia Pacific market and provide expertise in the sports, entertainment, and consumer industries. Golden Goose postponed its initial public offering in Milan in June 2024, and this deal was negotiated and agreed upon shortly after its IPO postponement.

Reuters: Alibaba's Tsai-backed firm buys 12% of Italian luxury sneaker maker Golden Goose

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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