Skift Take
The French designer behind those coveted red-soled stilettos has just snagged a stake in Experimental Group. Louboutin will now have a say in this chic Parisian outfit that runs a handful of boutique hotels and bars that are catnip for jetsetters.
Christian Louboutin, the luxury shoe designer known for red-soled footwear, has acquired a stake in Experimental Group, a Paris-based hospitality company.
The financial terms weren't disclosed.
Experimental Group operates over 20 hotels, restaurants, and bars across Europe, including properties in London, Paris, Ibiza, and the Cotswolds.
Details on Louboutin's hotel sta