Italian luxury group Zegna completes merger with IIAC
The newly merged entity is to start trading on the NYSE under the new ticker symbol “ZGN” from 20 December.
Italy
Latest in
Italy
Amazon given $1.3bn fine for abusing market position in Italy
The e-commerce giant said it ‘strongly disagreed’ with the watchdog’s decision and plans to appeal it.
L Catterton Europe to acquire controlling stake in Etro
A significant minority interest in the company will be held by the Etro family, with founder Gerolamo Etro serving as…
ThreeSixty to launch FAO Schwarz store in Italy
US-based toy brand FAO Schwarz, a subsidiary of ThreeSixty Group, has partnered with European toy retailer Prénatal Retail to open…
Onward Holdings divests Jil Sander to OTB
Japan-based apparel manufacturer Onward Holdings has divested its Jil Sander brand to Italian luxury conglomerate Only the Brave (OTB).
Amazon contests EU’s decision for allowing separate Italian probe
E-commerce retailer Amazon has reportedly filed a case with the Luxembourg-based General Court over the European Union’s (EU) decision to…
Moncler plans to acquire rival Stone Island for €1.15bn
Luxury fashion brand Moncler has revealed plans to acquire rival sportswear brand Stone Island in a two-step acquisition deal.
Apple plans to open second retail store in South Korea
iPhone maker Apple has confirmed plans to open a second official retail store in Yeouido, Seoul, South Korea.