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Brunswick Group handles media for Italian luxury brand Zegna as it debuted on the New York Stock Exchange on Dec. 20 via a SPAC deal with European private equity group Investindustrial.
Guido Zegna, grandson and namesake of founder of the 111-year-old company, said he is very proud to head the first Italian fashion company listed in New York.
His family controls about 66 percent of the publicly-traded company.
He believes the company is well-positioned to accelerate the growth of its Zegna and Thom Browne brands, which are currently at pre-pandemic levels, while building on their heritage, ethos of sustainability and unique craftsmanship.
Zegna products are sold in more than 500 stores in 80 countries. Its luxury textile laboratory platform preserves artisanal mills that produce the finest Italian fabrics.
Brunswick Group’s Brendan Riley, Lidia Fornasiero and Marie Jensen handle Zegna.
Maitland’s David Sturken and Jonathan Cook represent Investindustrial.
Joele Frank handles Pine Gate Renewables as the Asheville, NC-based solar power development company declares Chapter 11 in the aftermath of Donald Trump’s cuts to wind & solar tax credits.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
Haggie Partners is working the $7B takeover of the specialty insurer Convex by Canada’s Onex private equity fund and American International Group.
