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Christian Louboutin Finds His Price And an Italian dynasty heads to France. Author: And an Italian dynasty heads to France. This story is broug ht to you by The Daily Upside. For more crisp and insightful content, you can sign up for the free Daily Upside newsletter here. Italy’s billionaire Agnelli family has a taste for the finer things in life. Much of the family fortune comes from ancestor Giovanni Agnelli, who founded Fiat in the late 19th century. The family has since upgraded to a large stake in Ferrari. Yesterday the family’s holding company, Exor, announced an expansion in the luxury space with a deal to acquire a stake in shoemaker Christian Louboutin. ....
The Bodega Gets A Makeover To the tune of $42 million. Author: To the tune of $42 million. This story is broug ht to you by The Daily Upside. For more crisp and insightful content, you can sign up for the free Daily Upside newsletter here. In New York, they re bodegas. In Montreal, dépanneurs. In Berlin, spätis. One thing they’re definitely not known for is being high-end. But that might not be true for long. Foxtrot, an upscale reimagining of the convenience store, has nabbed a $42 million Series B from a gaggle of culinary gods – Momofuko founder David Chang, Blue Hill co-owner David Barber and Sweetgreen co-founder Nicolas Jammet. ....