Shares in Italian luxury menswear group Zegna rose on their New York market debut on Monday, after the company completed a merger with a U.S. blank check company in a deal with an enterprise value of $3.1 billion.
Zegna may have just celebrated its 110th anniversary, but this is one brand that keeps on evolving. On Friday, the Italian marque will launch a new collection, Zegna Outdoor Capsule, and also unveils a brand new logo.
Just a day after news that L Catterton will take a stake in Etro, Ermenegildo Zegna said it will list its shares in New York and is combining with Investindustrial Acquisition Corp, which will be a minority shareholder.
The Ermenegildo Zegna Group’s acquisition campaign continues. The high-end Italian apparel manufacturer and gentlemanly menswear brand has acquired control of Tessitura Ubertino, the top-shelf fabric maker.
Zegna has partnered with automotive giant Stellantis in an ambitious plan to transform its entire fleet into green cars by 2025. Stellantis brands include Fiat, Alfa Romeo, Peugeot, Citroën and Maserati.
This summer’s Milan menswear season may have been cancelled due to the pandemic, but Ermenegildo Zegna is still planning a show – though with a radically new digital format. Alessandro Sartori explains exactly how.
The luxury menswear group has pitched into the Covid-19 fight with a €3 million personal donation by its senior management and the Zegna family to Italy's Civil Protection Agency, and by starting mask production.