Singapore's Temasek plans to raise its stake in Italy's Zegna up to 10%

Ermenegildo Zegna NV

29/07/2025 11:44

July 29 (Reuters) - Singapore state investment company Temasek plans to raise its stake in Italian luxury fashion house Ermenegildo Zegna JN0.F to up to 10%, a source familiar with the matter said on Tuesday.

Temasek already owns just under 5% of Zegna.

An announcement is expected later in the day, the source added.

Temasek and Zegna declined to comment.

 (Reporting by Yantoultra Ngui, additional reporting by Elisa Anzolin, editing by Gianluca Semeraro)

 ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))