Italian Fashion House Zegna to Go Public

Ermenegildo Zegna, the Italian luxury fashion house, plans to go public by merging with a US special-purpose acquisition corporation launched by European private equity group Investindustrial Acquisition. The deal will value Zegna at $3.2 billion following its listing on the New York Stock Exchange later this year, Investindustrial said in a statement on Monday.

Italy to Run Luxury 'Dolce Vita' Sleeper Train

It's one of Europe's most beautiful countries with an immense amount of heritage: world famous cities, spectacular landscapes and a top notch railway system to get around. Italy is already a dream destination -- but now there are plans to make the rail experience a little more dreamier, with plans being drawn up for a "Treno della Dolce Vita."