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Agnelli Family Takes 24% Stake in Christian Louboutin

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

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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