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Louboutin deal could signal different future for India’s luxury market

07/12/2023
Louboutin deal could signal different future for India’s luxury market

Footwear brand Christian Louboutin has entered into a new partnership with Indian group Aditya Birla Fashion and Retail Limited (ABFRL).

The two companies have said they envisage transferring Louboutin’s current business in India into a new ABFRL subsidiary, in which both partners will hold an equal stake.
ABRFL said it was thrilled to announce its new strategic alliance with the Paris-based footwear brand, describing its new partner as “a true icon in luxury footwear”.

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