Italian fashion powerhouse Ermenegildo Zegna is confidently charting its course toward meeting its ambitious 2025 objectives following a remarkable 20.8% surge in third-quarter revenues.
As the 2025 fiscal year approaches, this New-York-listed fashion icon is resolute in its quest to surpass the 2 billion euros ($2.12 billion) annual revenue milestone while achieving a minimum 15% adjusted EBIT (earnings before interest and tax) margin, excluding the Tom Ford Fashion segment.
Gildo Zegna, the company’s Chairman and CEO, expressed unwavering confidence, stating, «The ongoing Zegna rebranding, expansion opportunities for Thom Browne, and the integration and evolution of Tom Ford Fashion continue to provide substantial momentum, even amidst the current global operating landscape,» as he referred to the group’s diversified brand portfolio.
Revenue for the July-September period witnessed a substantial year-on-year increase, reaching 431 million euros ($457.85 million), underscoring Zegna’s steadfast commitment to its visionary goals.
