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Italian Fashion Brings in the Big Bucks: Zegna Going Public, Etro Sells Majority Stake

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

In a big week for Italian luxury fashion, two top-name brands unveiled significant news on the financial front. Italian luxury house Ermenegildo Zegna Group is going public in the U.S. via a SPAC in a deal that values the men’s wear company at $3.2 billion through its initial public offering (IPO). In partnership with Investindustrial…

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