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Exor invests (for the first time) in the luxury fashion sector

Thursday, 10 December 2020
Exor invests (for the first time) in the luxury fashion sector

Ciao! Bonjour!

Look how beautiful these accessories are! You like them? In love!

They are made by Qiong Er, founder of the Shang Xia brand. She combines her passion for craftsmanship with the contemporary design. In these 10 years her creations have been appreciated all over the world ans exhibited in the most prestigious museums.
Now this luxuey Chinese brand is also Italian.

Why?

EXOR, the Agnelli holding, has invested (for the first time) in the luxury fashion sector by taking the majority of Shang Xia. This is the first direct investment in China for the company headed by John Elkann.
The partner is Hermès International with which Exor has reached an agreement to bring Shang Xi. The Agnelli holding will invest 80 million euros.

The Chinese luxury market is growing rapidly.

 

Shang Xia 2

Shang Xia

Wishing You A Fab And Styish Day

Ph: Shang Xia instagram

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