AREZZO to acquire a 65% stake in Paris Texas for €25m.

AREZZO, a footwear, handbags, and accessories design and distribution company, agreed to acquire a 65% stake in Paris Texas, an Italian shoes brand, for €25m. "As the first acquisition outside Brazil, the Arezzo&Co Group accelerates the internationalization process and takes an important step in its strategy of developing its global luxury footwear platform, alongside Alexandre Birman brand," AREZZO.