JOURNAL ARTICLE

Christian Louboutin targets annual sales of €1bn.

  • Published In: Shoe Intelligence, 2024, v. 26, n. 9/10. P. 1 1 of 2

  • Database: Business Source Ultimate 2 of 2

Abstract

Christian Louboutin, the French luxury shoe maker, aims to achieve annual sales of over €1 billion, according to John Elkann, the CEO of Exor, a Dutch holding company that owns a 24 percent stake in the brand. Elkann stated that since Exor's investment in 2021, Christian Louboutin has experienced strong growth and profitability. To adapt to the changing luxury market, the company is focusing on financial performance, innovation, and collaborations with other brands and artists. Despite short-term industry challenges, Elkann remains optimistic about the company's future. [Extracted from the article]

Additional Information

  • Source:Shoe Intelligence. 2024/04, Vol. 26, Issue 9/10, p1
  • Document Type:Article
  • Subject Area:Biography
  • Publication Date:2024
  • ISSN:1291-6269
  • Accession Number:176886950
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