The Italian group achieved sales of 463 million euros in the first quarter, driven by the US, where sales jumped by 58%, while they fell by 15% in China. While Zegna made progress, Thom Browne fell back. Source link
By Reuters API Published Apr 6, 2024 Italy’s Ermenegildo Zegna posted a 19.3% increase in full-year organic revenue on Friday and proposed a 20% hike in its annual dividend, helped by robust demand for its luxury products. See catwalkZegna – Spring-Summer2024 – Menswear – Milan – © ImaxTree The family-owned fashion group, which controls menswear brand [...]read moreLuxury group Zegna posts 19.3% jump in FY organic sales
By Reuters API Published Feb 8, 2024 Italian fashion group Ermenegildo Zegna said on Thursday it would open a new luxury footwear and leather goods factory in northern Italy to meet the growing needs of its brands. The 12,500 square metre facility will be located near Parma and is expected to be completed by December [...]read moreLuxury group Zegna to open new shoe and leather goods factory in Italy
Ermenegildo Zegna Group is ending the year on a high. The Italian group specialising in very high-end menswear, which is listed on the New York Stock Exchange, is forecasting sales growth of 27.6% in 2023 (+19.3% on an organic basis) to €1.9 billion, as announced on the publication of its preliminary annual results. Its flagship [...]read moreZegna Group accelerates in Q4 and closes 2023 on 27.6% growth