Credit score: Ermenegildo Zegna Italian luxurious home Ermenegildo Zegna Group has agreed to go public by merging with Investindustrial Acquisition Corp. (IIAC), a US special-purpose acquisition firm. The deal values the world-renowned style home at US$3.2 billion. Upon finalisation of the transaction — anticipated to occur within the fourth quarter of 2021 — the Zegna
M&A
China’s Fosun Style Group (FFG) has ramped up its acquisition of luxurious manufacturers with its second Italian footwear label Sergio Rossi becoming a member of its household, which incorporates French Maison Lanvin, Austrian hosiery specialist Wolford, Italian menswear firm Caruso and American vogue model St. John. In an unique interview with WWD, it’s reported that