Ermenegildo Zegna Group ( (ZGN) ) has released its Q2 earnings. Here is a breakdown of the information Ermenegildo Zegna Group presented to its investors.
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Ermenegildo Zegna Group, a global luxury company known for its high-end menswear, operates through its three brands: ZEGNA, Thom Browne, and TOM FORD FASHION, with a strong presence in the luxury fashion industry.
In the first half of 2025, Ermenegildo Zegna Group reported revenues of €928 million, a slight decrease of 3% year-on-year. Despite this, the company’s profit increased significantly by 53% to €48 million, showcasing strong growth in profitability.
Key financial highlights include a gross profit margin improvement to 67.5% and a notable performance in the direct-to-consumer channel, which saw a 4% revenue growth. The Zegna segment showed resilience with a 14.3% adjusted EBIT margin, while Thom Browne faced challenges with a revenue decline. The company also maintained stable net financial indebtedness at €92.1 million.
Looking forward, Ermenegildo Zegna Group remains focused on its strategic investments in its store network and capabilities, aiming to achieve its 2027 targets despite facing sector and currency challenges. The company continues to leverage its brand authenticity and operational strengths to drive future growth.