Exotic leather veteran Andrea Dolfi has sold a controlling stake in his latest company, A&A Pelli Pregiate, to Xenon, a Luxembourg-based private equity group. With his brother Alessandro, Mr Dolfi set up the Caravel exotic skins tannery in Tuscany in 1989. The brothers sold a stake in Caravel to luxury brand Gucci in 2001. Then, in 2008, Gucci’s...

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