MILAN — The Italian Stock Exchange has accepted Brunello Cucinelli SpA’s request for an initial public offering, filed on Feb. 3.
The approval from Consob, Italy’s equivalent of the Securities and Exchange Commission, is expected by the end of the week. Once the Italian luxury fashion house receives the green light, its road show will kick off on Monday, with a press conference slated that day in Milan. The road show will end April 27, when the share price will be determined.
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?"