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Ermenegildo Zegna N V - ZGN STOCK NEWS

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.

Overview of Ermenegildo Zegna NV

Ermenegildo Zegna NV is a storied global luxury fashion house with a rich heritage rooted in Italian craftsmanship. Known for its premium menswear, exquisitely crafted accessories, and an illustrious textile division, the company is synonymous with superior quality and refined elegance. At its core, the firm designs, creates, and distributes high-end products, employing expert techniques that blend traditional artisanal methods with modern design perspectives. The Zegna brand is celebrated for its innovative fabrics and stylish apparel, while its expanded portfolio under the Thom Browne and Tom Ford Fashion segments showcases versatility and a forward-thinking approach in luxury fashion.

Business Segments and Product Lines

Operating across multiple segments, Ermenegildo Zegna NV has a sophisticated business model that caters to diverse consumer needs within the luxury market:

  • Zegna Segment: This segment encompasses three key product lines: the Zegna Branded Products, a renowned collection of luxury menswear and accessories; the Textile line, which is anchored by a commitment to preserving Italy's artisanal mill heritage and maintaining world-class fabric production; and Third Party Brands, which further extend the reach of their fabric expertise into other premium markets.
  • Thom Browne Segment: Focused on contemporary fashion, this segment delivers a modern twist on luxury apparel, offering both menswear and womenswear options that combine classic design with innovative tailoring.
  • Tom Ford Fashion Segment: Integrating a fashion-forward approach with the house's longstanding commitment to quality, this segment adds another layer of diversity to the group's portfolio, reinforcing its presence in premium, high-end fashion markets.

Operational Excellence and Quality Assurance

The company operates with a deep dedication to quality that permeates every aspect of its production process. Its luxury textile laboratory platform embodies the Made in Italy ethos by ensuring that every piece of fabric and every garment not only meets but exceeds rigorous quality standards. Through ongoing collaborations with artisanal mills, Ermenegildo Zegna NV ensures the preservation and advancement of traditional fabric-making techniques, marrying them with contemporary innovations.

Market Position and Competitive Landscape

Within the competitive landscape of luxury fashion, Ermenegildo Zegna NV stands out due to its well-integrated business model and long-standing reputation for excellence. The company's holistic approach—spanning in-house production, controlled retail operations, and strategic brand diversification—sets it apart from many of its peers. By anchoring its growth in heritage and quality, the company consistently delivers products that command respect and admiration across the globe.

Commitment to Craftsmanship and Innovation

The story of Ermenegildo Zegna NV is one of continuous refinement and reinvention. The brand’s evolution from a manufacturer of superior woolen fabrics to a globally recognized powerhouse in luxury fashion underscores its commitment to both tradition and innovation. With a strategic focus on maintaining high quality through every phase of production—from the initial design concept to the final stitch—the company has mastered the art of combining timeless aesthetics with modern functionality.

Understanding the Legacy and Expertise

Every collection, every fabric, and every accessory produced by Ermenegildo Zegna NV is a testament to its dedication to excellence and its respect for the rich heritage of Italian luxury. The company’s enduring investments in innovation, quality control, and design integrity contribute to its reputation as a trusted name in high-end fashion. By sustaining the legacy of Made in Italy craftsmanship while consistently adapting to evolving market trends, Ermenegildo Zegna NV provides a clear understanding of how heritage and modernity can coalesce in the luxury market.

Conclusion

For investors and fashion enthusiasts alike, Ermenegildo Zegna NV offers a compelling narrative of tradition, quality, and operational excellence. With an unyielding commitment to its craft, the company not only upholds a storied past but also delivers a comprehensive portfolio that spans diverse luxury segments. Whether through its exceptional menswear lines, innovative textile operations, or cutting-edge fashion segments, the brand continues to define and redefine elite standards in luxury fashion, making it a vital point of reference in the global market.

Rhea-AI Summary
Ermenegildo Zegna N.V. (ZGN) reports a profit of €135.7 million for FY 2023, up 107.8% from FY 2022, with a profit margin of 7.1%. Adjusted EBIT rose to €220.2 million with an Adjusted EBIT Margin of 11.6%. The Group achieved its sustainability targets for FY 2023 and saw significant improvements in the Zegna and Thom Browne segments.
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Ermenegildo Zegna N.V. (NYSE:ZGN) reported a 27.6% increase in revenues for FY 2023, reaching €1.9 billion, with an organic growth rate of 19.3%. 4Q 2023 revenues reached €570 million, up 40.1% year-over-year, with an organic growth rate of 19.6%. The Zegna Group also announced various business expansions and partnerships, including a renewal of its eyewear licensing agreement with Marcolin and direct operations in South Korea.
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Ermenegildo Zegna N.V. (NYSE:ZGN) unveiled its updated medium-term financial objectives at the second Capital Markets Day at the New York Stock Exchange. The company aims for over 10% compounded annual growth in revenues and around 20% in Adjusted EBIT, with a strong Cash Surplus. The company sees positive momentum across brands and shares the business strategy for Tom Ford Fashion, expecting revenues to grow at a compounded average rate of over 10% in the medium term.
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Ermenegildo Zegna N.V. (NYSE:ZGN) announced unaudited revenues of €431 million for Q3 2023, up 20.8% YoY. Revenues for the first nine months of 2023 reached €1.33 billion, up 22.9% YoY. Zegna is taking over retail distribution of the ZEGNA brand in South Korea in 2024. The company's leadership team is looking forward to presenting updated financial goals at their second Capital Markets Day in December.
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Ermenegildo Zegna N.V. announces a profit of €52.1 million and a profit margin of 5.8% for H1 2023, with Adjusted EBIT of €119.9 million and an Adjusted EBIT Margin of 13.3%. Revenues increased by 23.9% to €903.1 million. The company reaffirms its mid-term targets.
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Ermenegildo Zegna N.V. (NYSE: ZGN) appoints Lelio Gavazza as the CEO of TOM FORD FASHION, effective September 18, 2023. Gavazza will oversee all aspects of the TOM FORD FASHION business, bringing over twenty years of global luxury and luxury distribution experience from LVMH Group, including key regional leadership roles at Bulgari. The appointment aims to elevate TOM FORD FASHION to the next level in global luxury, aligning with the holistic luxury strategy for the brand.
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Ermenegildo Zegna N.V. announces convocation notice for Annual General Meeting on June 27, 2023. Board of Directors recommends a distribution of EUR 0.10 per share from retained earnings for 2022, totaling approximately EUR 25 million.
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FAQ

What is the current stock price of Ermenegildo Zegna N V (ZGN)?

The current stock price of Ermenegildo Zegna N V (ZGN) is $7.38 as of April 2, 2025.

What is the market cap of Ermenegildo Zegna N V (ZGN)?

The market cap of Ermenegildo Zegna N V (ZGN) is approximately 1.9B.

What is the core business of Ermenegildo Zegna NV?

Ermenegildo Zegna NV designs, creates, and distributes premium menswear, accessories, and textiles, while also operating diversified fashion segments under renowned brand names.

How does the company generate its revenue?

The majority of its revenue comes from its Zegna segment, which includes luxury branded products, high-quality textiles, and third party brands, alongside contributions from the Thom Browne and Tom Ford Fashion segments.

What distinguishes Ermenegildo Zegna NV from its competitors?

Its unique blend of heritage craftsmanship, integrated control over the manufacturing process, and strategic brand diversification enables it to consistently deliver high-quality, elegantly designed products.

How does the company maintain its commitment to quality?

By leveraging its luxury textile laboratory platform and preserving artisanal mill techniques, Ermenegildo Zegna NV ensures that every fabric and product meets stringent quality standards rooted in Italian craftsmanship.

How are the different segments of the company structured?

The company is organized into three primary segments: the Zegna segment (which combines branded products, textiles, and third party brands), the Thom Browne segment focused on modern fashion, and the Tom Ford Fashion segment which adds further luxury diversification.

What role does heritage play in the company's operations?

Heritage is central to the company, reflecting a long-standing commitment to artisanal craftsmanship and quality that informs every design and manufacturing process, ensuring products meet the highest standards in luxury fashion.
Ermenegildo Zegna N V

NYSE:ZGN

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1.86B
61.41M
75.74%
15.92%
0.6%
Apparel Manufacturing
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