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24.11.25 - 12:36
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Ermenegildo Zegna Group Prepares for the Future with New Leadership Structure (Business Wire)
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Gildo Zegna to Become Group Executive Chairman
Group CEO Role to Be Assumed by Gianluca Tagliabue
Fourth-Generation Family Members, Edoardo and Angelo Zegna, to Be Appointed as Co-CEOs of ZEGNA Brand
MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) today announced a new leadership structure for the Group and ZEGNA brand, effective January 1, 2026. The changes follow a succession planning process carried out thoroughly by the Board of Directors.
Ermenegildo “Gildo” Zegna, currently Group Chairman and CEO, will assume the role of Group Executive Chairman. In this capacity, he will focus on safeguarding the legacy and integrity of the Group's three brands—ZEGNA, Thom Browne, and TOM FORD FASHION—while continuing to drive long-term value creation. He will also retain oversight of the Group's Textile Division, the Group General Counsel's office (including Internal Audit...
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23.10.25 - 12:06
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Ermenegildo Zegna Group Revenues1 Reach €1.33B in the First Nine Months of 2025; Acceleration in Q3 Driven by Robust DTC Growth Across All Brands (Business Wire)
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Q3 2025 revenues of €398.2 million, +0.2% YoY and +3.6% organic2:
By Channel: DTC3 +4.5% Year-on-Year (YoY) and +9.1% organic, with all three brands recording solid growth. Wholesale performance, -15.5% YoY and -14.7% organic, reflects the strategic decision to enhance quality of the distribution and to focus on the DTC channel.
By Brand: ZEGNA brand +2.0% YoY and +5.6% organic with ongoing solid growth in DTC (+3.3% YoY and +7.4% organic). Thom Browne -9.6% YoY and -4.6% organic with positive DTC (+2.8% YoY and +10.0% organic). TOM FORD FASHION +0.9% YoY and +4.3% organic with DTC +11.5% YoY and +16.4% organic.
By Geography: all key regions showed improved performance on an organic growth basis. The Americas outperformed the other regions.
9M 2025 revenues of €1,325.9 million, -2.3% YoY and -0.4% organic.
MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) today announced u...
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05.09.25 - 12:33
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Ermenegildo Zegna Group Reports First Half 2025 Revenues of €928 Million With Profit at €48 Million and Adjusted EBIT at €69 Million (Business Wire)
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Revenues1 of €927.7 million, -3% Year-on-Year (YoY) and -2% organic2. The direct-to-consumer (“DTC”) channel outperformed with a +4% reported revenue growth (+6% organic)
Profit of €47.9 million, +53% YoY compared to €31.3 million in H1 2024. Profit margin at 5.2% in H1 2025 from 3.3% in H1 2024
Gross profit margin of 67.5%, up 110bps from 66.4% in H1 2024
Adjusted EBIT of €68.7 million with an Adjusted EBIT Margin of 7.4% (8.4% in H1 2024). Zegna segment Adjusted EBIT margin up 150bps to 14.3%
Net financial indebtedness of €92.1 million at June 30, 2025, substantially in line with December 31, 2024
MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or “the Group”) today announced Profit of €47.9 million in H1 2025 compared to €31.3 million in H1 2024. In H1 2025, Adjusted EBIT was €68.7 million compared to €80.9 million in H1 2024.3
Ermenegildo “Gildo” Zegna, Group C...
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30.07.25 - 12:06
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Growth in the DTC Channel Across All Brands Drives Ermenegildo Zegna Group H1 2025 Revenues to €928 Million1 (Business Wire)
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Group's H1 2025 revenues at €927.7 million, -3% Year-on-Year (YoY) and -2% organic2, with DTC3 +4% YoY and +6% organic, and wholesale branded -27% YoY and organic, reflecting the strategic decision to reduce exposure on this channel.
Q2 2025 revenues at €468.9 million, -6% YoY and -3% organic:
ZEGNA brand revenues were -2% YoY and +2% organic, with a sequential acceleration of performance in the DTC channel (+3% YoY and +7% organic).
DTC performance was also positive at Thom Browne (+2% YoY and +7% organic) and TOM FORD FASHION (+7% YoY and +11% organic).
The Americas outperformed the other regions with revenues up +4% YoY and +10% organic.
MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) today announced unaudited revenues of €927.7 million in H1 2025, -3.4% YoY from €960.1 million in H1 2024 (-2.0% organic). In the second quarter, revenues reached €468.9 million, ...
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30.07.25 - 12:06
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Sam Lobban Appointed CEO of Thom Browne; Rodrigo Bazan Stepping Down to Pursue Other Opportunities (Business Wire)
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New CEO will join in SeptemberMILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) today announced that Rodrigo Bazan, Chief Executive Officer of Thom Browne, is stepping down from his role to pursue other opportunities, effective August 31, 2025. Sam Lobban will assume the role of Chief Executive Officer on September 2, 2025.
Rodrigo Bazan has led the Thom Browne brand since 2016. Under his leadership, along with the creative direction of Thom Browne, the company has grown to reach € 315 million in revenue in 2024, with 116(1) directly operated stores globally, becoming a symbol of modern luxury tailoring.
“Rodrigo's entrepreneurial vision, along with his pivotal role in Thom Browne's defense of its intellectual property rights against Adidas, has been instrumental in protecting and reinforcing the brand's authentic and unique identity", commented Gildo Zegna, Ermene...
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29.07.25 - 13:36
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Ermenegildo Zegna Group Announces Partnership With Temasek to Support Global Growth Journey. The Investment Firm Will Hold a 10% Stake in the Italian Luxury Group. (Business Wire)
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Ermenegildo Zegna Group and Temasek signed a share purchase and investor rights agreement under which the Italian Group will sell 14.1m in the Company's treasury shares to the Singapore-headquartered investment company at a price of $8.95 per share
Upon closing, Temasek will hold, in total, 26.8m shares, equal to 10% of Ermenegildo Zegna Group's ordinary shares outstanding, having previously acquired 12.7m shares on the market
At the completion of the purchase, the Ermenegildo Zegna Group will receive $126.4m in cash
Nagi Hamiyeh, Head of EMEA of Temasek, is expected to become a non-executive member of the Board of Directors at its next annual General Meeting
The transaction affirms the strength of the Ermenegildo Zegna Group's vision and enhances its financial flexibility to support the organic growth of its current brands' portfolio
MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the ?...
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