Ermenegildo Zegna N.V. (ZGN) News
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Latest ZGN News From Around the Web
Below are the latest news stories about ERMENEGILDO ZEGNA NV that investors may wish to consider to help them evaluate ZGN as an investment opportunity.
Ermenegildo Zegna Group Continues to Deliver Robust Growth in Third Quarter of 2023MILAN, October 24, 2023--Ermenegildo Zegna N.V. (NYSE:ZGN) ("Zegna Group," the "Group," "Zegna," or the "Company"), owner of the ZEGNA and Thom Browne brands and exclusive licensee for the TOM FORD fashion business, today announced unaudited revenues of €431 million for the third quarter of 2023. Revenues were up 20.8% year-over-year and up 25.0% year-over-year on a constant currency3 basis, with an organic growth rate of 11.3%. For the first nine months of the year, unaudited revenues came in a |
Zegna Group Reports Strong First-Half 2023 Financial ResultsMILAN, September 13, 2023--Ermenegildo Zegna N.V. (NYSE:ZGN) ("Zegna Group," "the Group," or "the Company") today announced profit of €52.1 million and a profit margin of 5.8% for the six months ended June 30, 2023, off revenues of €903.1 million for the same period, as announced on July 27, 2023. The Group recorded Adjusted EBIT of €119.9 million for the six months ended June 30, 2023, an increase of 45.0% year-over-year compared to €82.7 million in the first six months of 2022, and an Adjusted |
Ermenegildo Zegna Group’s Robust Growth Continues in the First Half of 2023MILAN, July 27, 2023--Ermenegildo Zegna N.V. (NYSE:ZGN) ("Zegna Group," the "Group," "Zegna," or the "Company"), owner of the ZEGNA and Thom Browne brands and exclusive licensee for the TOM FORD fashion business ("TOM FORD FASHION"), today announced preliminary unaudited revenues of €903 million for the first half of 2023, an increase of 23.9% year-over-year. Revenues at constant currency3 were up 24.7%, and organic growth was 21.5%. Revenues for the first half of 2023 reflect the consolidation |
Lelio Gavazza Appointed CEO of TOM FORD FASHIONMILAN, Italy, July 18, 2023--Ermenegildo Zegna N.V. (NYSE: ZGN) ("Zegna Group," the "Group," "Zegna," or the "Company"), today announced the appointment of Lelio Gavazza to the newly created position of CEO, TOM FORD FASHION, effective September 18, 2023. |
Zegna Group Announces 2023 Annual General Meeting and Proposed Dividend DistributionMILAN, May 23, 2023--Ermenegildo Zegna N.V. (NYSE: ZGN) ("Zegna") today announced the publication of the convocation notice for its Annual General Meeting ("AGM"), which will be held on Tuesday, June 27, 2023 at 2 p.m. CEST at the Steigenberger Airport Hotel Amsterdam, Stationsplein ZW 951, 1117 CE Schiphol-Oost, the Netherlands. |
Ermenegildo Zegna Group Completes Acquisition of Tom Ford International and Enters Into a Long-Term License Agreement With The Estée Lauder Companies for TOM FORD FASHIONMILAN, April 28, 2023--Ermenegildo Zegna N.V. (NYSE: ZGN) ("Zegna Group," the "Group," "Zegna," or the "Company"), owner of the ZEGNA™ and Thom Browne™ brands, today announced the completion of its acquisition of Tom Ford International LLC ("TFI"), the company that owns and operates the TOM FORD fashion business ("TOM FORD FASHION"). The acquisition is part of a transaction in which sole ownership of the TOM FORD brand, its trademarks, and other intellectual property rights have been acquired by |
Ermenegildo Zegna Group Kicks-Off 2023 With Strong First Quarter Revenues1MILAN, April 20, 2023--Ermenegildo Zegna N.V. (NYSE: ZGN) ("Zegna Group," the "Group," "Zegna," or the "Company"), owner of the ZEGNA and Thom Browne brands, today announced unaudited revenues of €428.3 million for the first quarter of 2023, an increase of 13.4% year-over-year and 13.1% at constant currency. As previously disclosed, the licensing agreement for the production and worldwide distribution of luxury men’s ready-to-wear and made-to-measure clothing, footwear, and accessories under the |
Ermenegildo Zegna Group Reports Robust FY2022 Financial Results in Line With Strategic PlanMILAN, April 06, 2023--Ermenegildo Zegna N.V. (NYSE:ZGN) ("Zegna Group," the "Group," "Zegna,", or the "Company"), owner of the ZEGNA and Thom Browne brands, today announced profit of €65.3 million for the year ended December 31, 2022. Adjusted EBIT for the period was €157.7 million, up 6% year-over-year and in line with the "moderate improvement" guidance the Group communicated on January 25, 2023, with an Adjusted EBIT Margin of 10.6%. The Group’s revenues for 2022 were €1,492.8 million, up 15 |
Ermenegildo Zegna Group Ends FY 2022 With Strong Revenue1 Growth in Line With Strategic PlanMILAN, January 25, 2023--Ermenegildo Zegna N.V. (NYSE:ZGN) ("Zegna Group," "the Group," or "the Company"), owner of the Zegna and Thom Browne brands, today announced preliminary and unaudited revenues of €1,493 million for the full year 2022, an increase of 15.5% year-over-year. Revenues for the fourth quarter of the year were €407 million, down 0.5% year-over-year. Revenues at constant currency ("cFX")4 grew 11.0% and declined 2.9% in FY 2022 and 4Q 2022, respectively. Excluding the Greater Chi |