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Ermenegildo Zegna N.V. reports developments for a global luxury fashion group built around the ZEGNA, Thom Browne, and TOM FORD FASHION brands. News commonly covers revenue and profit updates, brand-level performance, direct-to-consumer and wholesale channel trends, and geographic results across major luxury markets.
The company’s updates also address its high-end menswear position, textile and manufacturing capabilities within its integrated Filiera, retail network investments, capital-structure items such as dividends, and governance matters tied to leadership structure and shareholder voting.
Ermenegildo Zegna (NYSE:ZGN) published the convocation notice for its Annual General Meeting to be held on 26 June 2026 at 12:00 p.m. CET in Schiphol-Oost, the Netherlands. AGM materials include the 2025 statutory audited financial statements available on the company's website.
The Board intends to recommend a distribution of €0.12 per ordinary share (approximately €32 million), subject to shareholder approval. If approved, the ex-date is 6 July 2026, record dates the same, and payment on 29 July 2026 in US dollars; the exchange rate and tax notice will be published on 30 June 2026.
Ermenegildo Zegna Group (NYSE:ZGN) reported unaudited Q1 2026 revenues of €470.2 million, +2.5% YoY and +7.4% on an organic basis. Growth was led by DTC €371.9M (+7.8% YoY, +14.2% organic) and ZEGNA brand €310.3M (+5.9% YoY, +11.3% organic). Wholesale declined to €64.3M (-19.1% YoY). Americas delivered strongest regional organic growth (+17.5%). The Group emphasized a retail-first strategy and continued DTC focus.
Ermenegildo Zegna Group (NYSE:ZGN) reported FY 2025 results: revenues €1,916.9m (-1.5% YoY, +1.1% organic) and profit €109.5m (+20% YoY). Adjusted EBIT was €163.0m (€173.0m excluding a €10m Saks provision). The Group closed with a cash surplus €52.09m and proposed a €0.12 dividend per share.
Free Cash Flow improved to €82.1m, capex fell to €102.9m, and gross margin rose to 67.5%. Management flagged Middle East uncertainty and confirmed focus on disciplined growth toward 2027 targets.
Ermenegildo Zegna Group (NYSE:ZGN) reported preliminary FY 2025 revenues of €1,916.9 million, down 1.5% YoY and +1.1% organic. Q4 2025 revenues were €591.0 million, +0.3% YoY and +4.6% organic, supported by a sequential improvement driven by Direct-to-Consumer (DTC).
Key items: DTC represented ~82% of branded sales, wholesale branded revenues declined sharply, Thom Browne and Greater China saw significant YoY decreases, and a new leadership structure became effective January 1, 2026.
Ermenegildo Zegna Group (NYSE:ZGN) announced a new leadership structure effective January 1, 2026. Gildo Zegna will become Group Executive Chairman, retaining oversight of the Textile Division, General Counsel (including Internal Audit), and External Relations. Gianluca Tagliabue, current Group CFO and COO, will assume the role of Group CEO (subject to shareholder approval) and will oversee manufacturing and brand CEOs. Edoardo and Angelo Zegna, fourth-generation family members, will be named Co-CEOs of ZEGNA, splitting brand strategy, marketing, product and commercial responsibilities. The Group reported €1.95 billion revenue in 2024.
Ermenegildo Zegna Group (NYSE:ZGN) reported unaudited revenues of €1,325.9M for the first nine months of 2025, down 2.3% YoY (‑0.4% organic). Q3 2025 revenues reached €398.2M, up 0.2% YoY and +3.6% organic, driven by an acceleration in the Direct‑to‑Consumer channel which grew +9.1% organic in Q3.
Key drivers: DTC strength across all brands (ZEGNA, TOM FORD FASHION, Thom Browne), significant wholesale contraction, regional outperformance in the Americas, a 10% stake acquired by Temasek, and a leadership change at Thom Browne (Sam Lobban appointed CEO).
Ermenegildo Zegna Group (NYSE:ZGN) reported H1 2025 revenues of €927.7 million, down 3% year-over-year, with profit increasing 53% to €47.9 million. The company's direct-to-consumer channel showed strong performance with +4% growth, while gross profit margin improved to 67.5%.
The Zegna segment demonstrated robust performance with a 150bps improvement in Adjusted EBIT margin to 14.3%. However, Thom Browne saw a revenue decline of 22.5%, while Tom Ford Fashion grew 2.8%. The Group maintained its net financial indebtedness at €92.1 million, relatively stable compared to year-end 2024.
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.