Loubutin does well, Shang Xia doesn’t: the two sides of Exor’s performance

Loubutin does well, Shang Xia doesn’t: the two sides of Exor’s performance

Two sides to Exor’s performance. Loubutin does well, Shang Xia doesn’t. The 2022 annual report shows the outcomes of the investments made by the holding of the Agnelli family in the fashion segment. Specifically, Exor owns 24% of Christian Louboutin and 82.3% of Chinese brand Shang Xia. Meanwhile Dondup closed 2022 with a revenue of 64…

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