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Prada and Zegna Team Up to Acquire an Italian Cashmere Company

Prada and Zegna Team Up to Acquire an Italian Cashmere Company

by Manali bhanushali | Jun 23, 2021 | Apparel, Fashion & Retail, News & Insights

Prada and Ermenegildo Zegna have agreed to buy a majority stake in Filati Biagioli Modesto SpA, an Italian cashmere maker. Since the 1960s, the company has specialised in the production of cashmere and other rare fibres. With a cashmere crisis coming, two of the...
Tesitura Ubertino, a Leading Fabric Manufacturer, Has Been Acquired by Zegna

Tesitura Ubertino, a Leading Fabric Manufacturer, Has Been Acquired by Zegna

by Manali bhanushali | Jun 4, 2021 | Apparel, Fashion & Retail, News & Insights

The firm has taken control of top fabric maker Tessitura Ubertino, an Italian premium apparel and gentleman’s clothing brand. According to the terms of the deal, Zegna will buy a majority ownership in Tesitula Ubertino, with two of founder Adaldiso...

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