Ermenegildo Zegna Group

As part of The Fashion Pact, Ermenegildo Zegna Group is committed to 100% renewable energy across its own operations by 2030 but this is not possible to do it alone. That’s why the Group is proud to have partnered with like-minded Fashion Pact allies to co-create the largest collective renewable energy purchase agreement in the fashion industry.   #RenewableEnergy #Renewables #ClimateChange #Fashion #SustainableFashion #Collaboration

Last Monday Thom Browne, Inc. unveiled its second-ever couture collection in Paris, the perfect expression of modern tailoring. the toile as the source text… the toile as the final garment… sculptural works in progress reveal the beauty in the process… heritage techniques are realized, without compromise, in muslin… classic ideas, reconceptualized… couture is the olympics of fashion... thom browne couture 2024 collection. Ermenegildo Zegna Group #annacleveland #thombrowne #thombrownecouture

ZEGNA IS TIMELESS LUXURY “With the summer 2025 fashion show, Zegna continues its legacy of innovation, with a timeless and iconic collection produced with the finest raw materials and at the highest quality. I am extremely proud that the Oasi Lino collection is made from 100% traceable linen fibers.” Ermenegildo Zegna, Chairman & CEO of Ermenegildo Zegna Group #OASILINO #ZEGNASUMMER25

In his speech at the Festival Internazionale dell'Economia in Turin last Friday, Ermenegildo Zegna, Chairman and CEO of Ermenegildo Zegna Group remarked: "Family business should be ready to open to the financial markets. They can bring culture, rigor, and, more importantly, the capabilities to size growth opportunities. Size matters, and financial markets can be supportive in getting the proper options". "Pursing the right growth strategy is important for any business, and it is here that the role of families becomes fundamental, as custodians of strategies based on long-term targets anchored to authentic values. This is what our Group and our family have done for over a century, and will continue into the future”, he concluded. Mr. Zegna participated in a panel dedicated to private equity, alongside Andrea Bonomi, Investindustrial, Carlo Pesenti, Italmobiliare Investment Holding, Anna Gervasoni, AIFI, with paola pica, Corriere della Sera as moderator and introduction by Samuele Murtinu, Utrecht University School of Economics Professor.

Last week, Ermenegildo Zegna Group CEO and Chairman Gildo Zegna participated in the Cercle d'Economia in Barcelona, moderated by Marc Puig Chairman and CEO of Puig together with Simone Bagel-Trah, Chairwoman of the Supervisory Board and of the Shareholders’ Committee of Henkel. He talked in the panel dedicated to Family business growth: generational transition, governing bodies and public markets, emphasizing that family values and unity are the two foundation pillars to build a long-term successful family business. He also remarked that the decision to go public was a milestone step that needed to be carefully assessed. “Being listed is a responsibility. You add a new stakeholder to your business; for this we are today more thoughtful in our decision-making process, more organized, and more responsive”. He also shared a simple lesson from being a public company: “Never betray your roots and be open and honest with investors, make them understand your long-term trajectory”.

Last Friday, Ermenegildo Zegna Group Chairman and CEO Gildo Zegna was honored to welcome H.E. Mr. Srettha Thavisin, Prime Minister of Thailand, together with his government officials, to our founder’s home in Trivero, Piedmont Alps. They visited the Ermenegildo Zegna wool mill, the backbone of the Group’s 𝘍𝘪𝘭𝘪𝘦𝘳𝘢, and where the company continues to produce its finest textiles and high-quality fabrics to this day. Mr. Zegna and Prime Minister Thavisin discussed possible opportunities in Thailand, which is an important market for the future development of the Group.

Ermenegildo Zegna Group today announced unaudited revenues of €463.2 million for the first quarter of 2024, +8.1% year-on-year (YoY) from €428.3 million in the first quarter of 2023 (+10.7% at constant currency and -5.3% on an organic growth basis). Gildo Zegna, Chairman and CEO of the Ermenegildo Zegna Group, said: “Closing the first quarter of 2024 with double-digit revenue growth on a constant currency basis is reassuring given the challenges that the sector is facing. Our growth in the Americas - also in double digits - and the ongoing successful delivery on our Zegna One Brand strategy give me additional assurance that we are moving in the right direction. I am confident in the decisions we are making to accelerate our direct control of the business, in particular at Thom Browne, Inc. and TOM FORD FASHION, and we have also reinforced our talent and leadership across all levels, knowing how critical our people are to delivering results. Finally, we are continuing our focus on clienteling and customer experience, both of which will further strengthen the long-term value of all our brands. A highlight of our efforts to provide unforgettable experiences was the launch in Milan of Oasi Zegna, an immersive exhibition that we brought to life at the Group’s headquarters during Salone del Mobile. Over 26,000 people visited the installation throughout the week – an impressive indicator of the ZEGNA brand’s strength. Looking at the rest of the year, we have a clear and defined path in front of us. I am confident that we are taking the right actions to make our brands even stronger and to deliver on our medium-term ambitions.” Read more on: https://lnkd.in/dyKNsybd

Today, on the occasion of Earth Day, Ermenegildo Zegna Group releases its third Sustainability Report and is proud to announce that last Friday, one of the Group’s brands, ZEGNA, has been named the official curator of the Milanese Piazza del Duomo's iconic flowerbeds for the next three years, a green space inspired by the environmental responsibility philosophy of Oasi Zegna. Gildo Zegna, Chairman and CEO of Ermenegildo Zegna Group: “Since our founding in 1910, our commitment to people, community, and nature has been at the core of our journey. We have always believed that the highest quality products come from the highest quality natural resources, and that these resources must be cared for. The Sustainability Report we are issuing today – the third for the Ermenegildo Zegna Group – is rooted in these simple principles that have guided us yesterday and today and will continue to lead our path moving forward. None of the important steps we took along our journey would have been possible without the support of our people worldwide; so, I would like to thank each and every one of them across the whole Group. Our road started in 1910; that’s almost 114 years of growth, resilience, transformation, expansion, and success. The values that inspired my grandfather and namesake, Ermenegildo Zegna, still inspire us today. As we face the future and consider the work still ahead of us, these are the values that will pave our tomorrow.” Read more on our Sustainability Report 2023: https://lnkd.in/e7g-62Rn

Ermenegildo Zegna Group today delivered a strong full year 2023 performance with profit doubling to €136 million, up 107.8% from €65.3 million in FY 2022, and a profit margin of 7.1% compared to 4.4% in FY 2022. Ermenegildo “Gildo” Zegna, the Group’s Chairman and CEO, said: “2023 has been a milestone year for our Group. We delivered outstanding results, including more than doubling our profit from 2022 to reach €136 million. We have also fulfilled our 2023 sustainability commitments including those focused on traceability, diversity and inclusion and in renewable energy adoption. We are on track with the integration of the TOM FORD FASHION business, which is enriching our unique proposition also in glamour luxury. 2023 was also an important year for the Thom Browne, Inc. and Zegna brands. Thom Browne celebrated its twentieth anniversary reaffirming the brand as a symbol of modern luxury tailoring. ZEGNA continued a well-defined journey to ensuring its place as one of the strongest brands in absolute luxury menswear. As a Group, we continued to invest in our 𝘍𝘪𝘭𝘪𝘦𝘳𝘢, our in-house supply chain, – which includes some of the finest and most important Italian high-end textile producers fully integrated with our unique luxury manufacturing capabilities. We recently announced the latest addition to the 𝘍𝘪𝘭𝘪𝘦𝘳𝘢, a new state-of-the-art footwear and leather goods production facility in Parma, Italy, expected to be completed by the end of 2026. Looking ahead, I see a clear and defined path forward for our Group. In the volatile world we live in, we must continue to be increasingly responsive, flexible and authentic to who we are. The Ermenegildo Zegna Group is a guardian of brands, and while short-term results are important, our top priority must always be their overall trajectory. What we should do is well defined; there will be challenges, but we know how to tackle them and how important it is to plan for the long term”. Read more on: https://lnkd.in/dcaEztze

Last week has been unveiled in Milan TOM FORD FASHION's Winter 2024 collection. Beauty is an all-encompassing feeling. For Peter Hawkings, it extends from the perfection of tailoring and the lustrous sheen of fabric to the intensity of smell, from the depth of color in make-up and the allure of a pair of sunglasses to the way a woman or a man carries themself. Hawkings expresses such a vision in the TOM FORD language, with unremitting focus, vibrant and concise. Empowered, glamorous people are elegantly attired to seduce. The woman and the man are complementary, one mirroring the choices of the other. Ermenegildo Zegna Group #TOMFORDWINTER24 #TOMFORD