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Apparel and accessories

Prada, Zegna Groups jointly acquire cashmere company

June 22, 2021

Filati Biagioli Modesto S.p.A. is a cashmere company in the Tuscany region of Italy. Image courtesy of Ermenegildo Zegna Group

 

By Luxury Daily News Service

Italy’s Prada Group and Ermenegildo Zegna Group have partnered to acquire a majority stake in a cashmere company in a new effort to protect the country’s supply chain.

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