The third quarter also showed a solid performance and the Zegna brand led the way in all the regions.
MILAN – Driven by continued strength at its direct-to-consumer channel and strong business in the Americas and Greater China, the Ermenegildo Zegna Group reported solid gains in the first nine months of the year, including in the third quarter.
In the nine months ended Sept. 30, group sales rose 7.2 percent to 1.42 billion euros, compared with 1.32 billion euros in the same period last year. In the third quarter, revenues reached 433.8 million, an increase of 8.9 percent year-on-year.
” He touted the “excellence of the service and our personalization and attention to details” and the positive feedback received in the region for the Zegna brand’s Su Misura, Vellus Aureum and Triple Stich shoes, for example. He also credited the two exclusive Salotto areas in Shanghai and Beijing for the elevation of the brand. ” “This was another quarter of solid progress for our group. Direct-to-consumer continued to drive our growth, led by Zegna , which delivered a robust 16 percent organic increase in the DTC channel,” he said. “I am also pleased with our group’s performance across all regions.
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