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.
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)