L Capital, a unit of luxury goods group LVMH Moet Hennessy Louis Vuitton, has acquired a 6 per cent stake in Mariella Burani Fashion Group SpA for €22 mmillion.

L Capital will simultaneously lose its 20 per cent stake in Antichi Pelletieri, Mariella Burani's leather goods division.

Mariella Burani will allocate L Capital 1.9m new shares, making it Burani's second-largest shareholder.