Ermenegildo Zegna news and archive

Italy’s Ermenegildo Zegna acquires Thom Browne

Italian men’s luxury group Ermenegildo Zegna has acquired 85 percent stake in the American luxury label Thom Browne from Sandbridge Capital for around 500 million dollars, reports Financial Times quoting a statement from the company. The report further quoted Gildo Zegna, Chief Executive of Ermenegildo Zegna, saying in the statement that Thom...

Business

Ermenegildo Zegna invests in Indian designer brand Raghavedra Rathore

Italian luxury fashion brand Ermenegildo Zegna announced on 26th June that it picked up a minority stake in Indian designer brand Raghavendra Rathore Jodhpur, thus investing in “Brand India”. The Milan-based company made the move together with its Indian retail partner, Reliance Brands Limited, the retail arm of conglomerate holding Reliance...

Report

Zegna posts 64 percent jump in 2017 net income

For the financial year 2017, Italian luxury menswear group Ermenegildo Zegna reported 2.3 percent revenue growth current exchange and 4.5 percent at constant exchange to 1.183 billion euros (1,463.6 billion dollars), reports Fashion Network. EBITDA for the year rose 12 percent to 142 million euros (175.6 million dollars), while net income jumped...

Video

Video: Ermenegildo Zegna FW18 MFW

Ermenegildo Zegna Fall/Winter 2018 collection, January 2018, Milan Fashion Week. Source: Zegna, YouTube

Fashion

Ermenegildo Zegna to launch beachwear collection

Ermenegildo Zegna is diving into unchartered waters and launching its first Beachwear Collection for SS18. The range will include technical swimwear garments developed in collaboration with Isa Spa, complemented by sartorial beach and swim boxers complete with a waterproof pouch, polo shirts, sweaters and towels. "In my new vision of the...

Fashion

Ermenegildo Zegna Couture launches new capsule collection

Ermenegildo Zegna Couture just launched its newest collection on the West Coast. Alessandro Sartori, artistic director, debuted the capsule entitled XXX for the fashion house in Los Angeles this week. The collection debuted with a mix of classic wardrobe staples encompassing street style. "This is what I wanted to do with the XXX wardrobe, to...

Fashion

Ermenegildo Zegna to unveil beachwear

Australia's summer is coming, and so is Ermenegildo Zegna's swimwear collection. The luxury Italian label has announced they will be launching their swimwear in Australia on December 8, with a global release planned for 2018. The collection was designed by Zegna's artistic director Alessandro Sartori. The debut line will feature 67 styles...

Report

Ermenegildo Zegna annual revenues decline 7 percent

Ermenegildo Zegna Group reported a decline of 7 percent at constant exchange rates, while the year before they had grown by 4 percent, Fashion Network reports. The company’s statement said revenues decreased from 1.261 billion euros (1.343 billion dollars) in 2015 to 1.156 billion euros (1.231 billion dollars) a year later. The report added that...

Fashion Featured

Milan Men's Fashion Week round up

Milan men's fashion week finished on Tuesday with Giorgio Armani's regular slot closing out the week. The Fall 2017 shows were a mix of designer debuts at established houses alongside notable absences including Jil Sander, Roberto Cavalli and Gucci. Ermenegildo Zegna Alessandro Sartori is the incoming designer at Zegna, who's first collection...

Fashion

Brands skip out on Milan Men's Fashion Week

London - A number of labels have decided to skip out on showing their collection at the upcoming Milan Men's Fashion Week this month, including the likes of Calvin Klein, Ermenegildo Zegna and Bottega Veneta. Other names who are absent from the usually filled calender schedule include Cavalli, Brioni and Ermanno Scervino, as fashion houses opt...

Management |REPORT Featured

Ermenegildo Zegna FY15 net profit declines 36.6 percent

Ermenegildo Zegna Group has reported a 36.6 percent decline in its profits for the last year on the back of low demand in Greater China coupled with investments in retail expansion in growth markets such as Japan and UAE. The company said that its net profit to December 31, 2015 decreased to 45 million euros (51 million dollars) against 71...

People

Ermenegildo Zegna appoints Alessandro Sartori to new role of Artistic Director

Following on from this week's round of designer musical chairs, comes the confirmation that former artistic director for Italian footwear label Berluti, Alessandro Sartori, has been appointed to the newly created role of artistic director at Ermenegildo Zegna. In his new role at Ermenegildo Zegna, Sartori will be responsible for the creative...