The storied Italian firm’s majority shareholder, Edizione Srl, is mulling a delisting of the company’s shares. Benetton shares were suspended on the Milan Stock Exchange on Tuesday after they rose 9.3 percent to 4.05 euros, or $5.32 at current exchange, in midday trading. Benetton, which went public in 1986, denied speculation that its shares had gained following rumors of a merger with Spain’s giant Inditex Group, owner of the Zara brand.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"