Ermenegildo Zegna news and archive

Zegna Group profit up 53 percent in H1 2025

The Ermenegildo Zegna Group (Zegna Group) reported a profit of 47.9 million euros in the first half of 2025. This represents a 53 percent increase compared to the 31.3 million euros recorded in H1 2024. Adjusted EBIT totalled 68.7 million euros, compared to 80.9 million euros in H1 2024. Revenues reached 927.7 million euros, marking a 3.4...

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Ermenegildo Zegna group: Sales decline continues in second quarter

The Italian fashion group Ermenegildo Zegna NV (Zegna) saw a decline in sales in the second quarter of the 2025 financial year. This was mainly due to the continued weakness in demand in China. Losses in Europe also contributed to the decline. According to preliminary figures published by the company on Wednesday, group sales amounted to 468.9...

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Singapore's Temasek fund acquires 10 percent of Ermenegildo Zegna Group

A few hours before announcing its results for the first half of 2025, Ermenegildo Zegna Group announced that the Asian fund Temasek Holdings (through its subsidiary Venezio Investments Pte. Ltd) is acquiring a 10 percent stake in the fashion house. In a statement, Ermenegildo Zegna Group and Temasek explained that they have signed a share and...

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Zegna launching environmental conservation initiative in Aspen

Italian luxury brand Zegna is bringing its environmental ‘Oasi Zegna Global Initiatives’ to Aspen in Colorado’s Rocky Mountains in the US, building on its reforestation efforts that gave birth to the 100 square kilometre Oasi Zegna nature preserve in Trivero, Italy. Zegna’s ‘Oasi Zegna Global Initiatives’ is the luxury brand’s commitment to...

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Ermenegildo Zegna Group starts new fiscal year with decline in revenue

Italian fashion group Ermenegildo Zegna NV experienced a slight decline in revenue in the first quarter of fiscal year 2025. This was primarily due to continued weak demand in China and losses at the Thom Browne brand. According to preliminary figures released by the company on Thursday, consolidated revenue for the period from January to March...

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Zegna Group reports over 1.9 billion euros in 2024 revenues, driven by DTC growth

Luxury fashion house Ermenegildo Zegna Group reported revenues exceeding 1.9 billion euros in 2024, a 2.2 percent year-on-year increase. Fourth-quarter revenues reached 589 million euros, up 3 percent. The company's performance was driven by the Zegna brand, up 8 percent. The direct-to-consumer channel grew by 9 percent for the group and 11...

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Zegna family increases stake in luxury fashion group Ermenegildo Zegna

Monterubello, the holding company of the Zegna family, is increasing its stake in luxury fashion company Ermenegildo Zegna Group, the parent company of the brands Thom Browne, Tom Ford Fashion and Zegna, the news website Reuters reported. The Monterubello firm, owned by the Zegna family, bought 913,000 shares of Zegna on November 11,...

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Ermenegildo Zegna Group reports 8 percent decline in Q3

Ermenegildo Zegna Group reported unaudited revenues of 1,357.4 million euros for the first nine months, up 1.7 percent or down 4 percent organic. In the third quarter, revenues reached 397.3 million euros, down 7.8 percent and down 6.7 percent organic. Commenting on the results, Ermenegildo “Gildo” Zegna, chairman and CEO of the company, said: “...

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Zegna Group revenues increase but profit dips

Ermenegildo Zegna Group’s profit declined to 31.3 million euros in the first half period and adjusted EBIT to 80.9 million euros compared to the previous year. Revenues for the period of 960.1 million euros, were up 6.3 percent but down 2.7 percent on an organic basis. Commenting on the trading results, Ermenegildo “Gildo” Zegna, group chairman...

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Ermenegildo Zegna Group: Half-year sales grow by 6 percent

Italian fashion group Ermenegildo Zegna NV was able to achieve an increase in sales in the first half of the 2024 financial year. However, the group owes the increase only to the takeover of Tom Ford Fashion, which was completed in April of last year . According to an interim report published on Thursday, group sales in the period from January...

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Tom Ford creative director Peter Hawkings departs after brief tenure

In a surprising turn of events, Tom Ford's creative leadership is once again in flux as Peter Hawkings, the brand's first appointed creative director post-acquisition, is set to exit after a mere year in the role. This development comes less than two years after Estée Lauder's high-profile acquisition of the luxury beauty and fashion house....

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Zegna's Q1 revenues improve, while Thom Browne declines

Ermenegildo Zegna Group announced unaudited revenues of 463.2 million euros for the first quarter, up 8.1 percent or 10.7 percent at constant currency and down 5.3 percent on an organic growth basis. Revenues for the Zegna segment amounted to 324.9 million euros, up 1.7 percent and 4.3 percent on an organic growth basis, while revenues for the...