MILAN — Brunello Cucinelli SpA has started the process to list on the Italian Stock Exchange.
“The Bourse is an important step for growth, in line with our entrepreneurial philosophy,” said Brunello Cucinelli, founder of the namesake Italian luxury fashion house. The listing could take place by May or June, in light of the time frame necessary to receive approval. Mediobanca has been tapped as the sponsor and as joint global coordinator along with BofA Merrill Lynch. Cucinelli first revealed he was considering an initial public offering in May.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)