Why Ermenegildo Zegna Is Going Public

Where Does Recho Omondi Go From Here?

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, JULY 20, 2021 Ermenegildo Zegna is going public by merging with a SPAC in a deal that will give the Italian luxury firm greater firepower to rebound from the pandemic and fend off competitors. The designer and podcaster Recho Omondi talks to BoF about her viral interview with Man Repeller's Leandra Medine Cohen, and the backlash that followed. As Southeast Asia's Covid crisis worsens, Nike is at risk of running out of Vietnamese sneakers, according to an S&P Global report. Rent the Runway has confidentially filed for an IPO, hoping to cash in on the booming market for rental and secondhand apparel. Plus, don't miss today's BoF Live discussion on how the checkout page is changing at 11am New York, 4pm London, 11pm Shanghai.

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LUXURY Why Ermenegildo Zegna Is Going Public By Robert Williams

The Italian menswear brand is raising $880 million by merging with a New York-listed SPAC. The funds will give the luxury firm greater financial firepower to help it bounce back from a bruising pandemic year and fend off competitors. READ MORE

MEDIA Where Does Recho Omondi Go From Here? By Chantal Fernandez

The designer and host of The Cutting Room Floor podcast had a breakthrough moment with her viral interview with Man Repeller founder Leandra Medine Cohen, but also faced accusations of antisemitism. She spoke to BoF about the episode and the backlash. READ MORE

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NEWS BRIEFS As Covid Crisis Escalates, Nike Could Run Out of Vietnamese Sneakers Bath & Body Works Sees Future in Skin Care After L Brands Split Kite to Buy Retail Properties of America in $2.79 Billion Deal Rent the Runway Confidentially Files for US IPO Xiaohongshu Halts US IPO After China Curbs Report: Brands Distance Themselves From Pop Star Kris Wu Following Sexual Assault Allegations

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TECHNOLOGY The Future of Payments By BoF Team

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