Ermenegildo Zegna news and archive

Ermenegildo Zegna appoints new chief innovation & AI officer

Ermenegildo Zegna has promoted Marco Barberini to group chief of staff officer and chief innovation & AI officer. Barberini announced his new role, which he took on at the beginning of the year, on the professional networking site LinkedIn on Thursday. He has been with the Zegna brand for almost eight years, which belongs to the Italian fashion...

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Ermenegildo Zegna Group: Gianluca Tagliabue to be new CEO

Ermenegildo Zegna Group has announced a new leadership and CEO, establishing a new framework to guide the company's future strategy. Gianluca Tagliabue has been appointed to the role of CEO. As stated in a note, Ermenegildo Zegna NV has announced a new leadership structure for the Group and the Zegna brand, effective January 1, 2026. The...

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Ermenegildo Zegna Group reports slight revenue increase in third quarter

Italian fashion group Ermenegildo Zegna NV slightly increased its revenue in the third quarter of the 2025 financial year. This marks a return to growth after a decline in the first half of the year. The update comes from preliminary figures the company published on Thursday. Group revenue for the period from July to September amounted to 398.2...

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Zegna Group profit up 53 percent in H1 2025

The Ermenegildo Zegna Group (Zegna Group) reported a profit of 47.9 million euros in the first half of 2025. This represents a 53 percent increase compared to the 31.3 million euros recorded in H1 2024. Adjusted EBIT totalled 68.7 million euros, compared to 80.9 million euros in H1 2024. Revenues reached 927.7 million euros, marking a 3.4...

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Ermenegildo Zegna group: Sales decline continues in second quarter

The Italian fashion group Ermenegildo Zegna NV (Zegna) saw a decline in sales in the second quarter of the 2025 financial year. This was mainly due to the continued weakness in demand in China. Losses in Europe also contributed to the decline. According to preliminary figures published by the company on Wednesday, group sales amounted to 468.9...

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Singapore's Temasek fund acquires 10 percent of Ermenegildo Zegna Group

A few hours before announcing its results for the first half of 2025, Ermenegildo Zegna Group announced that the Asian fund Temasek Holdings (through its subsidiary Venezio Investments Pte. Ltd) is acquiring a 10 percent stake in the fashion house. In a statement, Ermenegildo Zegna Group and Temasek explained that they have signed a share and...

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Zegna launching environmental conservation initiative in Aspen

Italian luxury brand Zegna is bringing its environmental ‘Oasi Zegna Global Initiatives’ to Aspen in Colorado’s Rocky Mountains in the US, building on its reforestation efforts that gave birth to the 100 square kilometre Oasi Zegna nature preserve in Trivero, Italy. Zegna’s ‘Oasi Zegna Global Initiatives’ is the luxury brand’s commitment to...

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Ermenegildo Zegna Group starts new fiscal year with decline in revenue

Italian fashion group Ermenegildo Zegna NV experienced a slight decline in revenue in the first quarter of fiscal year 2025. This was primarily due to continued weak demand in China and losses at the Thom Browne brand. According to preliminary figures released by the company on Thursday, consolidated revenue for the period from January to March...

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Zegna Group reports over 1.9 billion euros in 2024 revenues, driven by DTC growth

Luxury fashion house Ermenegildo Zegna Group reported revenues exceeding 1.9 billion euros in 2024, a 2.2 percent year-on-year increase. Fourth-quarter revenues reached 589 million euros, up 3 percent. The company's performance was driven by the Zegna brand, up 8 percent. The direct-to-consumer channel grew by 9 percent for the group and 11...

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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,...

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Ermenegildo Zegna Group reports 8 percent decline in Q3

Ermenegildo Zegna Group reported unaudited revenues of 1,357.4 million euros for the first nine months, up 1.7 percent or down 4 percent organic. In the third quarter, revenues reached 397.3 million euros, down 7.8 percent and down 6.7 percent organic. Commenting on the results, Ermenegildo “Gildo” Zegna, chairman and CEO of the company, said: “...

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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...