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Temasek Builds 10% Stake in Zegna in Boost for Expansion Plans

The Singapore state-owned investor has agreed to buy a roughly 5 percent stake in Ermenegildo Zegna for $126.4 million, after previously scooping up shares amounting to another 5 percent. The deal will accelerate the Italian fashion group’s expansion plans, the company said.
Zegna Cruise Show 2026.
Zegna Cruise Show 2026. (Getty Images)

Temasek Holdings Pte is building a 10 percent stake in

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How Dubai Is Defying the Luxury Downturn

Last week, Zegna staged a runway show in Dubai the emirate, following in the footsteps of Roberto Cavalli, Armani and Chanel. The emirate remains the most established hub for luxury shopping in the Gulf region, which has bucked the industry’s downward trend.

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