LVMH’s L Capital acquires 30 percent stake in Giuseppe Zanotti Design

L Capital investment fund,controlled by LVMH is reported to be in advanced negotiations for the acquisition of a 30 percent stake in Italian luxury shoemaker Giuseppe Zanotti Design. According to Italian media, Giuseppe Zanotti Design has been evaluated at 300 million euros, the shoe brand being one of the most sought after. The investment injection will mostly serve the global retail expansion of the Italian brand which is also planning to expand into handbags.

Giuseppe Zanotti Design boutique, Venice, Italy