Announced
Completed
Synopsis
Ermenegildo Zegna Group, an Italian luxury fashion house completed a second round investment in Norda Run, a technical trail-running brand known for footwear and apparel. Financial terms were not disclosed. “Our decision to increase our Group’s stake in Norda reaffirms our strong belief in the brand’s long-term potential. Norda’s authentic identity, rooted in material innovation, lightness and a compelling long-term value proposition fueled by unprecedented growth, is fully aligned with our Group’s purpose. As a custodian of authenticity, we are proud to stand alongside Norda’s management and continue to work with the brand as it grows,” Ermenegildo Zegna, Ermenegildo Zegna Group chairman and CEO.
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