Ermenegildo Zegna Group news and archive

Lelio Gavazza named Tom Ford Fashion chief executive

The Ermenegildo Zegna Group has appointed Lelio Gavazza to the newly created position of chief executive officer of Tom Ford Fashion, effective September 18. In a statement, the fashion group said that Gavazza will report to Gildo Zegna, chairman and chief executive of the Zegna Group and will be part of the senior management of the group. As...

Business

Zegna acquires minority stake in Norda Run

Italian luxury group Ermenegildo Zegna has confirmed that it has acquired a minority stake in Canadian technical trail-running shoe brand Norda Run. Announced during its end-of-year earnings results, Zegna said that it had taken a minority stake, with the option to gradually increase its stake in the running brand over the next nine years. In a...

Business

Prada and Ermenegildo Zegna buy Filati Biagioli Modesto S.p.A.

The Prada Group and Ermenegildo Zegna Group have acquired a majority shareholding in Italian company Filati Biagioli Modesto S.p.A., which specialises in cashmere and other precious yarns. In a statement, the two companies said that they have each acquired a 40 percent shareholding in Filati Biagioli Modesto S.p.A., which is based in Montale...

Business

Ermenegildo Zegna Group acquires majority stake in Bonotto

London - The Ermenegildo Zegna Group has acquired a majority stake in Bonotto SpA, a luxury Italian textile manufacturer. The agreement sees the Bonotto family retain a 40 percent stake in the company, as well as control of the manufacturer's management and creative direction. In addition, the Group has also taken a 33 percent stake in Bonotto...

Design

Z Zegna and Zegna Sport to merge into single label

The Ermenegildo Zegna Group has revealed that two of its contemporary labels,Z Zegna and Zegna Sport are set to merge together into a new label which will compromise both the labels design aesthetics and heritage. The new label will combine the Z Zegna formal and tailor looked with Zegna Sport's casual, yet high performance wear, into a modern...

Design

Alessandra Carra to take on CEO role at Agnona

Alessandra Carra, who is set to depart from her current role as CEO at Emilio Pucci, has been named Chief Executive Officer at Italian womenswear label Agnona. Carra will join the Italian label in May and will be succeeding Agnona current CEO, Bruno LaGuardia, who will be appointed member of the board. Agnona, which was acquired by the...

Design

The Ermenegildo Zegna Group reveals 25 million euro scholarship fund

During the kick off of Milan Fashion Week, Gildo and Paolo Zegna, CEO and president respectively of the Ermenegildo Group, unveiled a 25 million euro scholarship fund. The Ermenegildo Zegna Founder's Scholarship is a tribute to the group's founder and will grant every year, over the next 25 years, 1 million euros to talented Italian graduate...