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Exor snaps up 24 percent stake in Christian Louboutin
Exor, the European holding company controlled by the Agnelli family, has acquired a 24 percent stake in Christian Louboutin for 541 million euros. The investment will help the luxury footwear brand expand geographically, with a particular focus on the Chinese market, Exor said in a release. It will also help the company develop its multi-channel...
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