• Home
  • Business
  • Christian Loboutin has announced a joint venture partnership in India with Aditya Birla Fashion and Retail Limited

Christian Loboutin has announced a joint venture partnership in India with Aditya Birla Fashion and Retail Limited

Aditya Birla Fashion and Retail Limite (ABFRL) announces joint venture with Christian Louboutin, French fashion designer popularly known for his red-lacquered soles

Christian Loboutin has announced a joint venture partnership in India with Aditya Birla Fashion and Retail Limited

Aditya Birla Fashion and Retail Limited (ABFRL), a prominent fashion company in India, has announced a collaboration with Christian Louboutin, a renowned global shoe designer renowned for his luxurious footwear and signature red soles. In this joint venture, the present Indian business will be moved into a freshly formed ABFRL subsidiary, in which each partner will own an equal share.

 

Christian Louboutin, one of the most prestigious brands in the world of luxury, was founded in the heart of Paris in 1991 and is well-known for its red sole shoes. With success, Christian Louboutin has expanded into the men's shoe, kids, leather goods and accessories, and beauty markets. In more than 30 countries, Christian Louboutin has opened retail locations. 

 

Christian Louboutin founded his company in 1991 in the center of Paris. He debuted a women's collection in 1991 and a men's collection a few years later. Both collections were distinguished by their distinctive red lacquered soles. Christian Louboutin Beauté debuted in 2014, and the House added new sections for kids and pets in 2022. With over 150 retail locations worldwide, Christian Louboutin boasts an extensive line of shoes, leather goods, and accessories.

 

Christian Louboutin's Group CEO, Alexis Mourot, stated, "We are excited to partner with ABFRL's team and look forward to working with them to manage and develop the business in India, which is an extremely important market for us."

 

Aditya Birla Fashion and Retail Limited's managing director, Ashish Dikshit, made a statement. "We are thrilled to declare our strategic partnership with Christian Louboutin, a genuine icon in the high-end shoe industry."

 

This collaboration is a testament to our dedication to providing our discriminating clients with the highest caliber of style and elegance. It also perfectly captures our goal of growing and influencing India's luxury market going forward.

 

"We are thrilled to have Christian Louboutin join the ABFRL family and are working hard to establish a solid foundation for the brand in India. A discriminating Indian market that is expanding quickly is drawn to the brand's unique aesthetic and handiwork, according to Sathyajit Radhakrishnan, CEO of International Business at Aditya Birla Fashion and Retail Limited.
 


Pharmazz Inc.: A Rising Star in Critical Care Medicine

Pharmazz Inc.: A Rising Star in Critical Care Medicine

Pharmazz Inc. is a biopharmaceutical company making waves in the critical care space. Founded in 201...
Cleartrip CFO Steps Down, Internal Talent Takes Over as Company Prioritizes Smooth Transition

Cleartrip CFO Steps Down, Internal Talent Takes Over as Company Prioritizes Smooth Transition

Cleartrip announces a leadership change with Aditya Agarwal stepping down as CFO and Akshat Mishra t...
Manipal Hospitals Acquires Medica Synergie, Solidifying Presence in Eastern India

Manipal Hospitals Acquires Medica Synergie, Solidifying Presence in Eastern India

Manipal Hospitals, India's second-largest healthcare chain, acquires an 87% stake in Kolkata'...
IIT Kanpur and BFI Join Forces to Revolutionize Healthcare Innovation in India

IIT Kanpur and BFI Join Forces to Revolutionize Healthcare Innovation in India

IIT Kanpur and Blockchain For Impact join forces to transform India's healthcare landscape throu...
Jindal Stainless Announces Rs 5,400 Crore Expansion Plans, Aims for Global Leadership in Stainless Steel

Jindal Stainless Announces Rs 5,400 Crore Expansion Plans, Aims for Global Leadership in Stainless Steel

Jindal Stainless, India's leading stainless steel manufacturer, announces a monumental Rs 5,400 ...
Valtech Acquires Kin + Carta, Becoming the Forefront of Experience Innovation

Valtech Acquires Kin + Carta, Becoming the Forefront of Experience Innovation

Valtech's acquisition of Kin + Carta creates a powerhouse in Experience Innovation, offering bus...
Gravitas Legal Announces Strategic Expansion with Key Promotions and New Partners

Gravitas Legal Announces Strategic Expansion with Key Promotions and New Partners

Gravitas Legal announces a major expansion with the promotion of Ajay Kumar to Partner and the onboa...
Go First Loses Ground: Lessors Regain Leased Aircraft as Deregistration Ordered

Go First Loses Ground: Lessors Regain Leased Aircraft as Deregistration Ordered

A major blow for Go First as the Delhi High Court orders the deregistration of all 54 leased aircraf...
Building Green: Navrattan Group to Pioneer Eco-Friendly Cement in India

Building Green: Navrattan Group to Pioneer Eco-Friendly Cement in India

Navrattan Group is set to revolutionize India's construction sector with the introduction of Gre...
IRFC Rides High: Rail PSU Stock Soars 12% This Week, Analysts Eye Further Upside

IRFC Rides High: Rail PSU Stock Soars 12% This Week, Analysts Eye Further Upside

The Indian Railway Finance Corporation (IRFC) stock has been on a tear, surging nearly 12% this week...