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8 Apr

Zegna Group Outlines Plan to Reach 2 Billion Euros

Zegna Group Outlines Plan to Reach 2 Billion Euros
MILAN — The Ermenegildo Zegna Group closed 2022 on an upbeat note, seeing “an encouraging and really exciting start of 2023,” to a level that was even “well above our expectations,” said chairman and chief executive officer Gildo Zegna on Thursday, commenting the performance of the group last 12 months. The group is seeing “a solid double-digit growth at retail for each Zegna and Thom Browne,” continued the chief during a call with analysts, expressing his optimism for the reopening of Greater China, after pandemic restrictions, and the strong response of European and American customers which can be driving growth. Zegna’s made to measure is showing a double digit growth compared with 2019, which already “was a top 12 months,” he...
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