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.
How to Spot a Rich Guy? Look for This Jacket.Tailored but unstuffy, with a distinctive stand collar, the ‘Rich Guy Jacket’ is suddenly in demand. Why nearly every ultra-luxe menswear brand is selling it now. |
Zegna's controlling family shareholder raises stake in groupErmenegildo Zegna's controlling shareholder has raised its stake in the luxury group and intends to increase it further, the company said on Tuesday. The Monterubello holding company, owned by members of the founding Zegna family, had purchased 913,000 shares - or 0.36% of the Italian group - on the market as of Nov. 11, a company statement said. It added the holding company, which already holds 60% of Zegna, intended to buy a further 2 million shares, or 0.79%. |
Monterubello, Ermenegildo Zegna Group’s Controlling Shareholder, Purchased 913,000 Shares and Intends to Acquire Additional 2 Million SharesMILAN, November 12, 2024--Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, together with its consolidated subsidiaries, the "Ermenegildo Zegna Group" or the "Group") was informed today that Monterubello s.s. ("Monterubello"), as of November 11, 2024, purchased 913,000 ZGN shares in the market and that it intends to buy a further two million ZGN shares in the market in the coming weeks. |
Ermenegildo Zegna (NYSE:ZGN) Eyes Expansion with Strong Earnings Growth and Strategic ManagementLG Energy Solution(KOSE:A373220) has recently announced a significant supply agreement with Ford Motor Company, marking a strategic move to power Ford's electric commercial vans in Europe. This partnership is set to enhance business efficiency and leverage favorable market conditions, including IRA tax credits. As the company prepares for its upcoming Q3 2024 earnings call, investors should watch for insights on how these developments might impact its projected revenue growth and financial... |
Ermenegildo Zegna Group Revenues1 Reach €1.4B in the First Nine Months of 2024. Zegna Brand Continued to Grow Driven by DTC.MILAN, October 22, 2024--Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, together with its consolidated subsidiaries, the "Ermenegildo Zegna Group" or the "Group") today announced unaudited revenues of €1,357.4 million for the first nine months of 2024, +1.7% YoY from €1,334.2 million in the first nine months of 2023 (-4.0% organic). In the third quarter of 2024 revenues reached €397.3 million, -7.8% YoY and -6.7% organic. |
Will Weakness in Ermenegildo Zegna N.V.'s (NYSE:ZGN) Stock Prove Temporary Given Strong Fundamentals?It is hard to get excited after looking at Ermenegildo Zegna's (NYSE:ZGN) recent performance, when its stock has... |
Ermenegildo Zegna Group Reports First Half 2024 Revenues of €960 Million With Profit at €31 Million and Adjusted EBIT at €81 MillionMILAN, September 18, 2024--Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, together with its consolidated subsidiaries, the "Ermenegildo Zegna Group" or "the Group") today announced profit of €31.3 million in H1 2024 compared to €52.1 million in H1 2023. In H1 2024, Adjusted EBIT was equal to €80.9 million compared to €119.9 million in H1 2023. |
TOM FORD Announces Appointment of Haider Ackermann as Creative DirectorNEW YORK, September 04, 2024--TOM FORD announces the appointment of Haider Ackermann as Creative Director, effective immediately. |
Ermenegildo Zegna Group Revenues Reach €960 Million1 in H1 2024, Up 6% Year-on-YearMILAN, July 25, 2024--Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, together with its consolidated subsidiaries, the "Ermenegildo Zegna Group" or the "Group") today announced unaudited revenues of €960.1 million for the first half of 2024, +6.3% YoY from €903.1 million in the first half of 2023 (-2.7% organic). In the second quarter revenues reached €497.0 million, +4.7% YoY and -0.4% organic. |
Ermenegildo Zegna (NYSE:ZGN) Is Increasing Its Dividend To €0.12Ermenegildo Zegna N.V. ( NYSE:ZGN ) has announced that it will be increasing its dividend from last year's comparable... |