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Strategic partnership: Kering and China's ICCF to strengthen Icicle brand

French luxury group Kering announced on Thursday during its Capital Markets Day that it will acquire a minority stake in the Chinese group ICCF (Icicle Carven China France). The investment is part of the “House of Wonders” initiative, through which Kering aims to support selected “emerging luxury brands”. According to the group, the transaction...

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