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Dec. 22, 2024
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Apparel and accessories

Zegna emphasizes Made in Italy philosophy with latest acquisition

June 3, 2021

Tessitura Ubertino specializes in high-end fabrics for women, including tweed. Image credit: Tessitura Ubertino

 

By Luxury Daily News Service

Italian menswear company Ermenegildo Zegna Group has acquired a majority stake in high-end fabrics company Tessitura Ubertino, strengthening its luxury textile division.

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  1. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
  2. Happy Holidays!
  3. Mood of global millionaires in the pandemic-era
  4. Vera Wang sells IP to brand management firm WHP Global
  5. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
  6. Quarterly sales down at Versace, Jimmy Choo
  7. Meta drops price on paid subscription tier in EU
  8. MGallery Collection wins Grand Prize for luxury tourism
  9. Tiffany & Co., Sotheby’s team up on auction, pop-up experience
  10. Desirability, operational efficiency key to luxury brand growth: Accenture
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