MILAN — With the selection of four advisers, the initial public offering of OVS is taking shape and expected by the end of the year. The Italian mass-market retailer has chosen Banca IMI, UniCredit, Goldman Sachs and Bank of America Merrill Lynch to advise on a public listing in Milan.
Parent company Gruppo Coin is slated to spin off OVS between August and September as a step toward the IPO.
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?"