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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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27 Oct

Zegna, Thom Browne Grow in Third Quarter Across Geographies, Channels

Zegna
Zegna Solid growth across geographies and channels for each the Zegna and Thom Browne labels, particularly in Europe, the U.S. and the Middle East, boosted the Ermenegildo Zegna Group’s top line within the third quarter. And Gildo Zegna, chairman and chief executive officer, believes the Middle East “might be the brand new China.” During a conference call with analysts on Thursday to comment on the quarterly results, he said he was within the Middle East two weeks ago, visiting five countries in a number of days, which led him to a confident tackle the region. “We're well-placed there and will probably be open stores with an aggressive five-year strategy. They're all for what we do there,” he observed. Within the three months...
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