MILAN — Brunello Cucinelli SpA is set to be one of the hottest initial public offerings in fashion history — and it already has the backing of two other major Italian labels: Ermenegildo Zegna and Benetton Group.
Zegna and Benetton said Tuesday they have acquired stakes of 3 percent and 2 percent, respectively, in Cucinelli. The shares float on the Italian Stock Exchange on Friday.
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)