Welcome to our dedicated page for Ermenegildo Zegna N V news (Ticker: ZGN), a resource for investors and traders seeking the latest updates and insights on Ermenegildo Zegna N V stock.
Ermenegildo Zegna NV (ZGN) maintains its position as a global leader in luxury fashion through continuous innovation and heritage craftsmanship. This news hub provides investors and industry observers with essential updates across all company operations, from Milan's textile laboratories to international retail networks.
Access real-time information on financial performance, strategic partnerships, and product developments within ZGN's three core segments: premium menswear collections, Thom Browne's contemporary designs, and the Tom Ford Fashion portfolio. Our curated news selection helps stakeholders track manufacturing innovations, retail expansions, and sustainability initiatives central to the company's growth strategy.
Key updates include earnings report analyses, leadership announcements, and market positioning insights within the competitive luxury sector. All content undergoes rigorous verification to ensure alignment with financial disclosure standards and industry best practices.
Bookmark this page for streamlined access to ZGN's evolving narrative - where century-old textile expertise meets modern luxury market demands. Regular updates provide critical insights for evaluating the company's operational health and creative direction.
Ermenegildo Zegna Group (NYSE:ZGN) reported H1 2025 revenues of €927.7 million, down 3.4% year-over-year, with Q2 2025 revenues at €468.9 million, declining 5.7% YoY. Despite overall revenue decline, the Group's Direct-to-Consumer (DTC) channel showed strong performance, growing 4.2% YoY to reach €698.0 million in H1 2025.
Key brand performance in Q2 2025:
- ZEGNA: DTC revenues up 2.7% YoY (+7.1% organic)
- Thom Browne: DTC growth of 2.4% YoY (+6.6% organic)
- TOM FORD FASHION: DTC increase of 7.1% YoY (+10.7% organic)
Regionally, the Americas outperformed with Q2 revenues up 4.5% YoY (+9.8% organic), while the Greater China Region faced challenges, declining 21.3% YoY. The Group's strategic reduction in wholesale exposure resulted in a 33.6% YoY decline in wholesale branded revenues for Q2 2025.
Ermenegildo Zegna Group (NYSE:ZGN) announced a significant leadership change at its Thom Browne brand. Rodrigo Bazan, who has served as CEO since 2016, will step down on August 31, 2025, to be succeeded by Sam Lobban on September 2, 2025.
Under Bazan's leadership, Thom Browne achieved remarkable growth, reaching €315 million in revenue in 2024 with 116 directly operated stores globally. The brand's revenues nearly tripled since Zegna's acquisition. Sam Lobban, currently Executive Vice President at Nordstrom, brings extensive experience in luxury retail and merchandising, having previously worked at Selfridges and Mr. Porter.
The Ermenegildo Zegna Group, which recorded revenues of €1.95 billion in 2024, operates three luxury brands: ZEGNA, Thom Browne, and TOM FORD FASHION, employing over 7,100 people globally.Ermenegildo Zegna Group (NYSE:ZGN) has announced a strategic partnership with Temasek, where the Singapore-based investment firm will acquire a 10% stake in the Italian luxury group. The transaction involves Temasek purchasing 14.1 million treasury shares at $8.95 per share, complementing their previous acquisition of 12.7 million shares from the market.
The deal will provide Zegna with $126.4 million in cash, enhancing its financial flexibility for organic growth. As part of the agreement, Temasek's Head of EMEA, Nagi Hamiyeh, is expected to join Zegna's Board of Directors in June 2026. The partnership aims to leverage Temasek's expertise in the luxury sector and Asian markets to support Zegna's global expansion.
The transaction is set to close by July 30th, 2025, strengthening Zegna's position in the high-end luxury segment while providing strategic support for its growth initiatives.Ermenegildo Zegna Group (NYSE:ZGN) has scheduled the release of its first half 2025 preliminary revenues for July 30, 2025, at 6:00 a.m. ET. The company will host a conference call at 7:30 a.m. ET on the same day, which will also be available via webcast.
The earnings presentation and press release will be accessible through the company's Investor Relations website. Interested parties can participate in the call using provided dial-in numbers for Italy, United States, and United Kingdom, with access code 063684.
Ermenegildo Zegna (NYSE:ZGN) announced the successful adoption of all resolutions at their annual general meeting held on June 26, 2025. The key highlight is the approval of a dividend distribution of EUR 0.12 per ordinary share, totaling approximately EUR 30 million.
The dividend will be paid in US dollars based on the June 26, 2025 exchange rate set by the European Central Bank. For NYSE-listed shares, the ex-date and record date are set for July 7, 2025, with payment scheduled for July 29, 2025.
Ermenegildo Zegna Group (NYSE:ZGN) reported Q1 2025 revenues of €458.8 million, showing a slight decline of -0.9% year-over-year. The Direct-to-Consumer (DTC) channel demonstrated strong performance with +5.2% growth, while wholesale declined -19.8%.
Key brand performance:
- ZEGNA brand revenues increased +3.6% to €292.9 million, with DTC up +4.7%
- Thom Browne revenues decreased -18.9% to €64.2 million due to strategic wholesale reduction
- TOM FORD FASHION grew +3.8% to €67.5 million, with strong DTC growth of +10%
Geographically, Americas showed strong growth at +9.5%, while Greater China Region declined -11.6%. The Group maintained its retail expansion with 465 directly operated stores as of March 31, 2025.
Ermenegildo Zegna Group (NYSE:ZGN) reported FY 2024 financial results with revenues reaching €1,946.6 million, up 2.2% year-over-year. The company achieved a profit of €90.9 million, down from €135.7 million in FY 2023, with profit margin decreasing to 4.7% from 7.1%.
Key highlights include:
- Adjusted EBIT of €184.0 million
- Gross profit margin improved to 66.6%
- Direct-to-consumer revenues reached 78% of branded products
- Proposed dividend of €0.12 per ordinary share
By segment, ZEGNA brand revenues grew 4.9% to €1,163.7 million, while Thom Browne declined 16.8% to €314.7 million. TOM FORD FASHION revenues increased 33.5% to €314.5 million. The company updated its mid-term targets for 2027, expecting revenues of €2,200-€2,400 million and Adjusted EBIT of €250-€300 million.
Ermenegildo Zegna Group reported FY 2024 revenues of €1,947 million, up 2.2% YoY, with Q4 2024 revenues reaching €589 million, a 3.3% increase YoY. The ZEGNA brand showed strong performance with 8.4% YoY growth in Q4, driven by robust Direct-to-Consumer (DTC) channel growth of 9.3% for the Group.
The Americas region outperformed with 14.6% YoY growth, while EMEA showed positive momentum. The Group's DTC channel represented 78% of branded products revenues. The store network expanded to 461 directly operated stores across all brands. However, the Greater China Region faced challenges with revenues declining 11.4% YoY in Q4.
Thom Browne segment revenues decreased 4.3% YoY in Q4, while TOM FORD FASHION grew 3.7% YoY. The company highlighted strong strategic developments, including the successful ZEGNA Winter 2025 fashion show featuring Vellus Aureum luxury wool products.
Monterubello, the controlling shareholder of Ermenegildo Zegna Group (NYSE:ZGN), has purchased 913,000 shares and plans to acquire an additional 2 million shares in the coming weeks. The company, owned by the Zegna family, currently holds 60% of ZGN's 252,416,479 outstanding ordinary shares as of October 31, 2024. Chairman and CEO Ermenegildo 'Gildo' Zegna stated that the family believes the current stock valuation doesn't reflect the company's true potential, citing market volatilities and uncertainty.
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