Home New Look 2015 Italian brand Ermenegildo Zegna’s revenue hits $1.47 bn in 9M 2024

Italian brand Ermenegildo Zegna’s revenue hits $1.47 bn in 9M 2024

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Ermenegildo Zegna reported a 1.7 per cent YoY revenue increase in the first nine months of 2024, despite a 4 per cent organic decline.
Zegna brand revenues grew 3.4 per cent, while Thom Browne fell 21.7 per cent.
Q3 revenues dropped 7.8 per cent YoY, driven by challenges in the Greater China Region and a 46 per cent decline in Thom Browne’s wholesale sector.Ermenegildo Zegna reported a 1.7 per cent YoY revenue increase in the first nine months of 2024, despite a 4 per cent organic decline.
Zegna brand revenues grew 3.4 per cent, while Thom Browne fell 21.7 per cent.
Q3 revenues dropped 7.8 per cent YoY, driven by challenges in the Greater China Region and a 46 per cent decline in Thom Browne’s wholesale sector.

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