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Under the terms of the deal Massimiliano Zegna Baruffa has acquired a 55 percent stake and Brooks Brothers has bought a 25 percent interest. Ballantyne is to retain a 20 percent shareholding in the knitwear factory. Financial terms were not disclosed.
Good move, I think. This, and Southwick.

I note the dateline from October 2008, so it leads one to think the fall/winter 2009 line will again be made in Scotland. Besides having a captive source, it should remove the stigma of the Chinese-sourced knits.
 
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