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6 Jul

Thompson’s Armani First, Zegna and Mr Porter Rejoice, Holt

by Beauty Tips
Fashion, Featured
Thompson’s Armani First, Zegna and Mr Porter Rejoice, Holt
A FIRST TIMER: It was Emma Thompson’s first fashion show. “I do know, can you think it? Incredible. Nevertheless it’s not my world,” quipped the Oscar winner at Giorgio Armani’s high fashion show in Paris on Tuesday. She was clad in a vivid pink suit for the occasion, and accompanied by daughter Gaia. “I really like Armani, latest inventions and you possibly can be perfection,” she added, breaking into rhyme. Thompson climbed over the seats to hug Kate Hudson amidst the claustrophobic close quarters of the front row frenzy. “It’s so hot, what were they considering?” she said of the tented area where the show was held. But Hudson was keeping cool in a bandeau top and high ponytail. “I believe he’s an...
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6 Jun

Prada, Zegna Again Team on M&A Deal

by Beauty Tips
Fashion, Featured
Prada, Zegna Again Team on M&A Deal
MILAN — The Ermenegildo Zegna Group and Prada Group have joined forces once more, signaling one more example of a cooperative attitude increasingly emerging amongst Italian fashion entrepreneurs, and the importance of high-quality knitwear in the luxurious segment. Zegna and Prada have agreed to purchase a 15 percent stake each in Luigi Fedeli e Figlio Srl. Luigi Fedeli, currently chairman and chief executive officer of Fedeli, will hold the remaining 70 percent of the corporate and can proceed in his present roles. Founded in 1934 in Monza, Italy, and now overseen by a 3rd generation of the Fedeli family, Fedeli is recognized for its Made in Italy knitwear and high quality yarns. Gildo Zegna, chairman and CEO of the Ermenegildo Zegna Group, and Patrizio...
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20 Apr

Zegna Revenues Increase 13.4 Percent With Broad-based Strength

by Beautifaire101
Beauty, Featured
Zegna Revenues Increase 13.4 Percent With Broad-based Strength
Ermenegildo Zegna Group carried its momentum from last 12 months into the primary quarter, when revenues advanced 13.4 percent 428.3 million euros.  The strength was broad-based across the Zegna and Thom Browne businesses. And excluding the impact of Tom Ford — where the corporate transitioned from a licensing deal to an exclusive supplier agreement — the firm’s first-quarter revenues increased 19.1 percent.  Chairman and chief executive officer Gildo Zegna said: “We began 2023 with an encouraging upswing led by further reopening within the Greater China Region following COVID-19-related restrictions. We also saw robust growth across our business in the US and Europe driven by our own retail. For Zegna, growth was driven by a healthy increase in productivity, which is one in...
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