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Agnelli Family Takes 24% Stake in Christian Louboutin

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

The Agnelli family has turned its eye toward high-end fashion again, this time taking a 24 percent stake in iconic French footwear, handbag and small leather goods brand Christian Louboutin. Exor, an Agnelli family-controlled holding company, is set to invest 541 million euros ($642.2 million) in Louboutin to help the French brand “accelerate the next…

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