Italy’s Zegna to list in the U.S. with $3.2 bln SPAC deal

Italy's Zegna to list in the U.S. with $3.2 bln SPAC deal

Smaller brands hit hardest by COVID-19 crisisOther family-owned firms have also looked outsideZegna says firm will expand but stick to menswearMILAN, July 19 (Reuters) – Italian luxury group Ermenegildo Zegna will list in New York by combining with a U.S. investment vehicle, giving the menswear company an enterprise value of $3.2 billion and helping it … Read more

Italian luxury fashion brand Zegna to go public in $3.2 billion SPAC deal – FT

Italian luxury fashion brand Zegna to go public in $3.2 billion SPAC deal - FT

Plywood covers the windows of an Ermenegildo Zegna store in Chicago, Illinois, U.S. October 13, 2020. Chicago police have warned local retailers to prepare for possible protests around Election Day. Picture taken October 13, 2020. REUTERS/Moe Zoyari/File Photo(Reuters) – Italian luxury fashion group Ermenegildo Zegna has agreed to go public by combining with a special-purpose … Read more