Zegna news and archive

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,...

Business

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...

Business

Marcolin records profit increase, turnover decrease during license expansion

Italian eyewear company Marcolin Group has announced its financial results for the first half of the year. Although the company has recorded a decline in turnover, there is an increase in profit. Marcolin reports a turnover of 297.6 million euros, a decrease of 3.6 percent compared to the same period last year. In addition, the group's profit...

Business

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...

Video

Video: Zegna SS25

Watch Zegna’s runway show at Milan Fashion Week showcasing their SS25 collection. Promotion Read more about Zegna on their brandpage

Retail|In Pictures

Customer experience 'Villa Zegna': A temporary flax field in Shanghai

Zegna has unveiled a new temporary customer experience in Shanghai that goes beyond a simple pop-up concept. The 'Villa Zegna' was inspired by Ermenegildo Zegna's original house in the Oasi Zegna - a nature reserve in the northern Italian region of Piedmont - the fashion brand of the same name announced on Friday. The founder had more than half...

BusinessFeatured

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...

Business

Zegna expands eyewear license with Marcolin

Eyewear manufacturer Marcolin and luxury menswear brand Zegna have announced the renewal of their global licensing agreement for the design, manufacturing and distribution of the brand’s sunglasses and optical frames. The new agreement extends the existing deal between the two companies until December 31, 2030, to strengthen the partnership...

BusinessFeatured

Zegna Group posts robust growth in Q4 and 2023

Zegna Group announced preliminary unaudited revenues of 1.9 billion euros for the full year, up 27.6 percent and up 29.7 percent on a constant currency basis, with an organic growth rate of 19.3 percent. Revenues for the fourth quarter were 570 million euros, up 40.1 percent and up 42.9 percent on a constant currency basis, with an organic...

Fashion Featured

Milan Men's Fashion Week round up

Tailoring and elegance took center stage across the men's catwalks of Milan Fashion Week, embodying a central theme vital to the country's fashion DNA and businesses. These elements have consistently delivered sustainable success to Italian brands. In a world experiencing constant flux, the question arises: why change what already works? Gucci...

Business

Tom Ford could double retail footprint with 50 new stores

In a bid to leverage its formidable brand name, Tom Ford's fashion division, currently operating just 51 stores, is poised to potentially double its retail presence to 100 stores in the coming years. The ambition was outlined by Gildo Zegna, Chairman of Zegna, the owner of Tom Ford's fashion arm, during an investor's day in New York. Zegna...

BusinessFeatured

Zegna Group announces robust growth plans

At its second Capital Markets Day at the New York Stock Exchange, Zegna Group announced an update on its strategic goals and financial outlook. At the group level, beginning in FY 2023, the company aims to deliver over 10 percent CAGR in the medium term, with adjusted EBIT CAGR of around 20 percent. The company expects that its goals will...