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Ermenegildo Zegna, the Italian fashion house listed in New York, is sticking with its expansion plans for China over the medium term despite uncertain timing on a possible economic recovery.
“Our 2-3 year growth strategy is not changing” even with a lack of visibility on a rebound in China, chairman and chief executive officer Ermenegildo Zegna said in an interview. “We might delay a few shop openings scheduled this year, but we’ll keep investing in marketing and made-to-measure…
