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Tod's splashes out 415m euros on Roger Vivier shoes

However, some analysts say the price for the profitable French brand looks expensive

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The Italian luxury goods group produces and sells Roger Vivier shoes in return for royalty payments under a licensing agreement due for renewal next year.

Milan

ITALIAN luxury goods group Tod's has agreed to buy the prestigious Roger Vivier shoe brand from Tod's biggest shareholder for 415 million euros (S$626 million), a price which some analysts said looked expensive.

Tod's, controlled by Italy's Della Valle family, produces and

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