Zegna Group Revenues Down 1% as Wholesale Struggles and DTC Grows Italian luxury fashion house Zegna Group has recently reported a 1% decrease in revenues, reflecting the challenges faced by the wholesale sector while witnessing growth in Direct-to-Consumer (DTC) channels. This shift in revenue streams signifies a broader trend in the fashion industry as consumer […]
Zegna Group Profits Decline 30 Percent
Zegna Group Profits Decline 30 Percent Luxury fashion house Ermenegildo Zegna Group recently released its financial report for 2024, revealing a 31 percent decline in profits to €91 million ($98 million). This significant decrease in earnings has been attributed to various factors, including a notable slowdown in the Chinese market and a weaker wholesale performance, […]
Zegna Group Returns to Growth in Fourth Quarter
Ermenegildo Zegna Group Returns to Growth in Fourth Quarter Italian luxury fashion house Ermenegildo Zegna Group has made a remarkable comeback, showcasing a return to growth in the fourth quarter. This resurgence comes as a beacon of hope and resilience in the challenging landscape of the fashion industry, marking a significant milestone for the renowned […]