By  on January 22, 2018

MILAN — The Ermenegildo Zegna Group-controlled ZECA company on Monday has acquired the historic “Cappellificio Cervo” hattery, following its liquidation by the Court of Biella, the Piedmont city where it’s located. Financial details of the deal have not been disclosed.

Ermenegildo Zegna Group’s chief executive officer Gildo Zegna said the acquisition responds “to fashion’s renewed attention to the hat” and is “dictated by the desire to help keep alive a manufacturing skill that is typical of our territory.”

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