"},"content":{"rendered":"[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text]<\/p>\n
<\/p>\n
Prada<\/strong><\/a> and Ermenegildo Zegna<\/strong> announced on Tuesday that they had acquired a minority stake in transalpine knitter Luigi Fedeli e Figlio<\/strong>, more commonly known as Fedeli<\/strong>. This acquisition underlines the importance of high-quality knitwear in the luxury sector.<\/p>\n <\/p>\n Each luxury fashion group will acquire a 15%<\/strong> stake in the company, while Luigi Fedeli, currently Managing Director, will retain a 70% majority stake and remain in his current role.<\/strong> No further details of the transaction have been disclosed.<\/p>\n <\/p>\n “This agreement represents a strategic investment to preserve the know-how and tradition of Italian excellence<\/a> in fine yarns”<\/em>, said Patrizio Bertelli<\/strong>, Chairman of the Prada Group, in a statement.<\/p>\n <\/p>\n <\/p>\n In a joint statement, the companies announced that Gildo Zegna<\/strong>, CEO of the Zegna Group, and Patrizio Bertelli would be appointed to Fedeli’s Board of Directors.<\/p>\n <\/p>\n Italy is renowned for its rich heritage of craftsmanship<\/strong>, and is home to many small manufacturers who dominate global production of luxury clothing and leather goods.<\/p>\n <\/p>\n Founded in 1934 in Monza, Italy<\/strong>, Fedeli has been run by the Fedeli family for three generations. The brand is famous for its high-quality knitwear and yarns.<\/strong><\/p>\n <\/p>\n <\/p>\n Read also >OTB fashion group acquires Italian leather goods manufacturer Frassineti<\/a><\/p>\n Featured photo : \u00a9 Sagaphoto[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n <\/p>\n <\/p>\n Prada<\/strong><\/a> and Ermenegildo Zegna<\/strong> announced on Tuesday that they had acquired a minority stake in transalpine knitter Luigi Fedeli e Figlio<\/strong>, more commonly known as Fedeli<\/strong>. This acquisition underlines the importance of high-quality knitwear in the luxury sector.<\/p>\n <\/p>\n Each luxury fashion group will acquire a 15%<\/strong> stake in the company, while Luigi Fedeli, currently Managing Director, will retain a 70% majority stake and remain in his current role.<\/strong> No further details of the transaction have been disclosed.<\/p>\n <\/p>\n “This agreement represents a strategic investment to preserve the know-how and tradition of Italian excellence<\/a> in fine yarns”<\/em>, said Patrizio Bertelli<\/strong>, Chairman of the Prada Group, in a statement.<\/p>\n <\/p>\n <\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\n Already have an account ? Please log in<\/a>.<\/strong><\/p>\n [\/vc_cta][vc_column_text]Featured photo : \u00a9 Sagaphoto[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”subscriber,customer”][vc_column][vc_column_text]<\/p>\n <\/p>\n <\/p>\n Prada<\/strong><\/a> and Ermenegildo Zegna<\/strong> announced on Tuesday that they had acquired a minority stake in transalpine knitter Luigi Fedeli e Figlio<\/strong>, more commonly known as Fedeli<\/strong>. This acquisition underlines the importance of high-quality knitwear in the luxury sector.<\/p>\n <\/p>\n Each luxury fashion group will acquire a 15%<\/strong> stake in the company, while Luigi Fedeli, currently Managing Director, will retain a 70% majority stake and remain in his current role.<\/strong> No further details of the transaction have been disclosed.<\/p>\n <\/p>\nKnow-how<\/h2>\n
<\/h4>\n
Italian fashion houses Prada and Zegna have each acquired a 15% minority stake in their compatriot, knitwear company Fedeli.<\/h4>\n
Know-how<\/h2>\n
<\/h4>\n
Italian fashion houses Prada and Zegna have each acquired a 15% minority stake in their compatriot, knitwear company Fedeli.<\/h4>\n