Aditya Birla Fashion and Retail Limited has initiated a strategic partnership with Christian Louboutin, the renowned Parisian shoe designer celebrated for his premium footwear and iconic red soles. In this collaboration, the existing Indian business will transition into a newly formed subsidiary of ABFRL, with both partners holding an equal stake.
Christian Louboutin, founded in 1991 in the heart of Paris, stands among the foremost names in global luxury, particularly renowned for its distinctive red sole shoes. The brand has successfully expanded its offerings to include men's footwear, leather goods, accessories, beauty products, and children's items. With a retail presence spanning over 30 countries, Christian Louboutin's influence reaches far beyond the fashion capitals of the world.
“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,” commented Alexis Mourot, Christian Louboutin’s Group CEO.
Ashish Dikshit, MD, Aditya Birla Fashion and Retail Limited commented, “We are thrilled to announce our strategic alliance with Christian Louboutin, a true icon in luxury footwear. This partnership reflects our commitment to offering our discerning customers the very best in elegance and style. It also exemplifies our ambition to develop and shape the future of the luxury market in India.”
“We are excited to welcome Christian Louboutin into the ABFRL family and building a strong platform for the brand in India. The brand’s distinctive style and craftsmanship appeals to a discerning Indian audience that is growing rapidly,” Sathyajit Radhakrishnan, CEO of International Business, Aditya Birla Fashion and Retail Limited.