MILAN — After receiving the approval to list on the Milan Stock Exchange, Brunello Cucinelli SpA on Friday priced its initial public offering of shares at between 6.75 euros, or $8.87 at current exchange, and 7.75 euros, or $10.20, valuing the company at between 405 million and 465 million euros, or $532.3 million and $611.2 million.
Including a capital increase, the Italian luxury fashion firm is assessed at between 459 million and 527 million euros, of $603.3 million and $692.7 million.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"