Home New Look 2015 Italian fashion house Ermenegildo Zegna’s revenue up 8.1% in Q1 FY24

Italian fashion house Ermenegildo Zegna’s revenue up 8.1% in Q1 FY24

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Ermenegildo Zegna Group reported an 8.1 per cent YoY increase in revenue to €463.2 million (~$495.1 million) in Q1 FY24, with organic growth down by 5.3 per cent.
The Zegna segment experienced a modest increase, while the Thom Browne segment saw a significant 30.2 per cent decline in revenues.
DTC revenues increased 20.4 per cent to €328 million.Ermenegildo Zegna Group reported an 8.1 per cent YoY increase in revenue to €463.2 million (~$495.1 million) in Q1 FY24, with organic growth down by 5.3 per cent.
The Zegna segment experienced a modest increase, while the Thom Browne segment saw a significant 30.2 per cent decline in revenues.
DTC revenues increased 20.4 per cent to €328 million.