Home > FILE: Agnelli family acquires 24 percent stake in Louboutin for 541 millions euros

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FILE: Agnelli family acquires 24 percent stake in Louboutin for 541 millions euros

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The Agnelli family, owners of Italian icons Ferrari and Juventus football club, has bought a 24 percent stake in French high-fashion brand Christian Louboutin, famous for its red-soled footwear. According to a joint statement, the 541 million euro ($642 million) investment is being made via the Agnelli's Exor holding company and will give them two seats out of seven on the board. FILE IMAGES OF LOUBOUTIN STORE IN PARIS

Added on the 08/03/2021 14:13:47 - Copyright : AFPTV - First images

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