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Zegna already attracting investors ahead of IPO

WWD has reported that Zegna is already attracting investors ahead of its planned IPO for later this month. The company issued a joint statement with Investindustrial Acquisition Corp., an acquisition corporations sponsored by investment subsidiaries of Investindustrial VII L.P. saying they have agreed “with certain large and institutional...

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Sergio Rossi acquired by the Fosun Fashion Group

China’s Fosun Fashion Group, which owns Lanvin, has acquired 100 percent of the Italian luxury shoemaker Sergio Rossi from Absolute Luxury Holding S.r.l., an independently-managed investment subsidiary of Investindustrial. In a statement, Fosun Fashion Group (FFG) said that it was commented to continuing the growth of Sergio Rossi as “one of the...

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