Venture capital group Permira has provided funds for the purchase of a majority stake in Italian high-end sneaker and accessories brand Golden Goose.

On announcing the deal, Permira described Golden Goose as “one of the fastest growing and most distinctive luxury fashion brands”, and its sneakers as “iconic”. One of the partners at the firm, Francesco Pascalizi, said the brand had been “the creator of the high-end sneakers category”.

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