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'Giuseppe Zanotti buys back minority stake from L Catterton'

Designer Giuseppe Zanotti has repurchased the minority stake in his namesake brand from investment firm L Catterton, WWD reports. Financial details of the transaction were not disclosed. In 2014, Zanotti sold a 30 percent stake in his brand to L Capital Management and L Capital Asia, then the private equity arms of luxury conglomerate LVMH. The...

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