Itlay’s Ermenegildo Zegna’s FY25 profit jumps 20% despite revenue dip

Ermenegildo Zegna Group reported a 20 per cent YoY rise in FY25 profit to €109.5 million (~$125.9 million), despite a 1.5 per cent dip in revenue to €1.9169 billion (~$2.204 billion).
Organic growth stood at 1.1 per cent.
Margins improved on a stronger DTC mix, while operating profit declined.
Zegna remained resilient, but Thom Browne lagged.Ermenegildo Zegna Group reported a 20 per cent YoY rise in FY25 profit to €109.5 million (~$125.9 million), despite a 1.5 per cent dip in revenue to €1.9169 billion (~$2.204 billion).
Organic growth stood at 1.1 per cent.
Margins improved on a stronger DTC mix, while operating profit declined.
Zegna remained resilient, but Thom Browne lagged.