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Calzedonia Group snaps up majority stake in luxury label Antonio Marras

Italy’s Calzedonia Group has taken its first foray into the luxury world after buying a majority stake in the eponymous label of Sardinian fashion designer Antonio Marras. The Verona-based group announced Wednesday it has snapped up an 80 percent stake in the business. Calzedonia Group, whose portfolio already includes its namesake brand as well...

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