Italy’s Ermenegildo Zegna’s revenues soar 27.6% in FY23

Italian company Ermenegildo Zegna Group’s FY23 revenues hit €1.9 billion, up 27.6 per cent YoY, driven by strong Q4 with €570 million.
Zegna segment grew to €1,322 million and Thom Browne rose to €380 million.
DTC revenues reached €1,265 million, 66.4 per cent of total sales.
Growth was robust across all regions, with North America leading.Italian company Ermenegildo Zegna Group’s FY23 revenues hit €1.9 billion, up 27.6 per cent YoY, driven by strong Q4 with €570 million.
Zegna segment grew to €1,322 million and Thom Browne rose to €380 million.
DTC revenues reached €1,265 million, 66.4 per cent of total sales.
Growth was robust across all regions, with North America leading.