To additional ensure its supply chain, Zegna teamed with Prada this yr to every buy 40 percent of the Italian cashmere producer Filati Biagioli Modesto, and Mr. Zegna mentioned Zegna could possibly use proceeds from the I.P.O. to further invest in Italian textile production. Regulate in excess of generation has […]
IPO
NEW YORK — Shares of Rivian Automotive Inc. surged on Wednesday right after the electric powered vehicle-maker lifted about $11.9 billion in the most significant preliminary general public featuring of the yr. Shares in Rivian rose to as substantially as $119, but finally shut the working day at $100.73, supplying […]