MILAN — The Ermenegildo Zegna Group and Prada Group have joined forces once more, signaling one more example of a cooperative attitude increasingly emerging amongst Italian fashion entrepreneurs, and the importance of high-quality knitwear in the luxurious segment.
Zegna and Prada have agreed to purchase a 15 percent stake each in Luigi Fedeli e Figlio Srl.
Luigi Fedeli, currently chairman and chief executive officer of Fedeli, will hold the remaining 70 percent of the corporate and can proceed in his present roles.
Founded in 1934 in Monza, Italy, and now overseen by a 3rd generation of the Fedeli family, Fedeli is recognized for its Made in Italy knitwear and high quality yarns.
Gildo Zegna, chairman and CEO of the Ermenegildo Zegna Group, and Patrizio...
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