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Christian Louboutin signs joint venture deal with India’s ABFRL

Luxury footwear brand Christian Louboutin has established a new joint venture with Indian firm Aditya Birla Fashion and Retail Limited (ABFRL), which will see both partners hold an equal stake. As part of the deal, the brand’s current Indian business will be transferred into a newly incorporated subsidiary of ABFRL. In a release, Alexis Mourot,...