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Exor, an Agnelli family holding, is to invest 541 million euros in Christian Louboutin to become a 24 percent shareholder in the Paris-based maker of red-soled shoes. In a joint statement, the ...
MILAN — Is Exor poised to become a new fashion luxury conglomerate? Following the news on Monday that the Agnelli family’s holding company was investing in the Christian Louboutin brand, after ...
Exor became a minority shareholder of the French fashion house Christian Louboutin in March 2021, purchasing 24% of the company for €541 million. [51] On 16 June 2021, Exor and World-Wide Investments Company Limited of Hong Kong created the investment company NUO, which is 50% owned by Exor and 50% owned by WWICL.
Exor is to invest 541 million euros, valuing the Christian Louboutin brand at 2.2 billion euros.
Christian Louboutin ... Louboutin sold a 25% stake to Exor for $643 million. [71] Stores. In the spring of 2012, the company opened its first men's store in New ...
According to an article in the Financial Post, [34] in February 2007 Consob, Italy's market regulator, fined the Agnelli family holding company, then-called Ifil (now known as Exor), for engaging in a complicated illegal trade in 2005. They signed contracts with Merrill Lynch which allowed Ifil "to retain its 30 per cent of Fiat in spite of ...
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