Arezzo&Co has acquired a stake in Paris Texas, a luxury Italian footwear brand, to expand its operations in the European market while allowing the brand to maintain independence.
Information on the Target
Arezzo&Co, a publicly traded conglomerate based in Brazil, has announced its acquisition of a stake in Paris Texas, an Italian luxury footwear brand. Founded in Milan in 2015 by Annamaria Brivio and Massimo Baltimora, Paris Texas has gained a reputation for its unique blend of Parisian elegance and Texan resiliency. The brand offers a diverse range of footwear, including sophisticated stilettos and chunky cowboy heels, as well as mules and slouchy boots, all reflecting Annamaria's creative vision.
Paris Texas is celebrated for its 'cool girl' aesthetic while emphasizing the craftsmanship of Made-in-Italy products. Since its inception, the brand has cultivated a loyal following among celebrities and influencers alike. It is now featured in over 250 prestigious luxury retail outlets, including MyTheresa, Bergdorf Goodman, Saks Fifth Avenue, Neiman Marcus, and Harrods.
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Industry Overview in Italy
The luxury footwear industry in Italy is characterized by a rich heritage of craftsmanship and innovation, complemented by the country's status as a global fashion capital. Ita
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