1 min de lecture

Finance: Exor, new shareholder of Louboutin!

[vc_row njt-role-user-roles=”administrator,armember”][vc_column][vc_column_text]

Exor, the holding company of the Agnelli family, will pay 541 million euros to obtain a 24% stake in the capital of Louboutin, an acquisition unveiled on Monday by the two companies.

 

The Agnelli family once again expands its investment portfolio by becoming a shareholder of the famous brand known for its red soles. Exor joins companies such as Ferrari, Shang Xia, the Juventus football club, and The economist group. 

 

“Exor is a company with a sustainable vision and a strong entrepreneurial culture to which, together with my partner Bruno, we are also very attached and where we fully recognise ourselves” said Louboutin.

 

Exor’s net assets now stand at approximately $29 billion.

 

It should be noted that this approach is also intended to help the luxury footwear retailer grow.

 

According to a joint press release, “This partnership aims to accelerate the next phase of Louboutin’s development” at a time when the brand is expected to seize “significant new opportunities” farmbrazil.com.br.

 

“There is significant scope to develop the presence of the Christian Louboutin brand, notably through further geographic expansion, notably in China. The company will continue to develop its multi-channel distribution strategy, notably by expanding its existing digital and e-commerce platforms. »

 

There are “excellent growth prospects” in the footwear ranges, and the brand “is well positioned to become one of the world’s leading luxury players” he said.

Read also > OTB GROUP TAKES CONTROL OF JIL SANDERS

 

Featured Photo : © Louboutin[/vc_column_text][/vc_column][/vc_row]

The editorial team

Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

Article précédent

Finance : Exor, nouvel actionnaire de Louboutin !

Article suivant

LMIS 2021 : Quelles perspectives pour une économie durable du luxe à Hong Kong?

Dernier en date de