Ermenegildo Zegna H1 2025 Sales/Trading Statement Earnings Call Transcript
PorAinvest
jueves, 31 de julio de 2025, 1:38 am ET1 min de lectura
ZGN--
The company's CEO, Ermenegildo "Gildo" Zegna, highlighted the strategic importance of the partnership with Temasek, stating, "With Temasek by our side, I am even more confident in our ability to realize our ambitions." The investment underscores the strength of Zegna's vision and long-term growth potential [1].
The group's DTC (Direct-to-Consumer) channel continued to drive growth, with a 4.2% YoY increase in revenues, reaching €698.0 million. This channel accounted for 82% of the group's branded product revenues, up from 76% in H1 2024. The Americas region outperformed other regions, contributing to the positive DTC performance [1].
In contrast, the wholesale branded channel saw a significant decline, with revenues dropping by 27.1% YoY to €154.2 million. The company has been strategically reducing its exposure to this channel to focus on direct distribution [1].
The ZEGNA brand reported revenues of €570.4 million in H1 2025, up 0.8% YoY (+2.6% organic). The brand's DTC revenues grew by 3.7% YoY (+5.6% organic), driven by strong performance in the Americas and EMEA regions [1].
Thom Browne, another key brand, reported H1 2025 revenues of €129.5 million, down 22.4% YoY (-21.6% organic). The brand's DTC revenues grew by 3.0% YoY (+5.0% organic), with the Americas region contributing significantly to this growth [1].
Tom Ford Fashion, the third brand, reported H1 2025 revenues of €152.7 million, up 2.8% YoY (+3.8% organic). The brand's DTC revenues grew by 8.4% YoY (+9.9% organic), with all regions showing positive organic performance [1].
The company's CFO, Gianluca Tagliabue, will oversee the company's operations, ensuring the strategic implementation of the Temasek investment and the continued growth of the group [1].
The group's revenue and earnings call transcript is available on their website for further details.
References:
[1] https://www.businesswire.com/news/home/20250730823496/en/Growth-in-the-DTC-Channel-Across-All-Brands-Drives-Ermenegildo-Zegna-Group-H1-2025-Revenues-to-%E2%82%AC928-Million
Ermenegildo Zegna N.V. reported H1 2025 sales, with a 10% stake investment from Temasek. The company's CEO, Gildo Zegna, highlighted the partnership as a long-term strategic move. The CFO, Gianluca Tagliabue, will oversee the company's operations. The group's revenue and earnings call transcript is available on their website.
Ermenegildo Zegna N.V. (NYSE: ZGN) has released its H1 2025 sales figures, showcasing a strategic investment from Temasek Holdings Pte Ltd. The company reported unaudited revenues of €927.7 million for the first half of 2025, representing a -3.4% YoY decline from €960.1 million in H1 2024. The organic growth rate was -2.0%, indicating a more accurate reflection of underlying business trends, excluding foreign exchange fluctuations [1].The company's CEO, Ermenegildo "Gildo" Zegna, highlighted the strategic importance of the partnership with Temasek, stating, "With Temasek by our side, I am even more confident in our ability to realize our ambitions." The investment underscores the strength of Zegna's vision and long-term growth potential [1].
The group's DTC (Direct-to-Consumer) channel continued to drive growth, with a 4.2% YoY increase in revenues, reaching €698.0 million. This channel accounted for 82% of the group's branded product revenues, up from 76% in H1 2024. The Americas region outperformed other regions, contributing to the positive DTC performance [1].
In contrast, the wholesale branded channel saw a significant decline, with revenues dropping by 27.1% YoY to €154.2 million. The company has been strategically reducing its exposure to this channel to focus on direct distribution [1].
The ZEGNA brand reported revenues of €570.4 million in H1 2025, up 0.8% YoY (+2.6% organic). The brand's DTC revenues grew by 3.7% YoY (+5.6% organic), driven by strong performance in the Americas and EMEA regions [1].
Thom Browne, another key brand, reported H1 2025 revenues of €129.5 million, down 22.4% YoY (-21.6% organic). The brand's DTC revenues grew by 3.0% YoY (+5.0% organic), with the Americas region contributing significantly to this growth [1].
Tom Ford Fashion, the third brand, reported H1 2025 revenues of €152.7 million, up 2.8% YoY (+3.8% organic). The brand's DTC revenues grew by 8.4% YoY (+9.9% organic), with all regions showing positive organic performance [1].
The company's CFO, Gianluca Tagliabue, will oversee the company's operations, ensuring the strategic implementation of the Temasek investment and the continued growth of the group [1].
The group's revenue and earnings call transcript is available on their website for further details.
References:
[1] https://www.businesswire.com/news/home/20250730823496/en/Growth-in-the-DTC-Channel-Across-All-Brands-Drives-Ermenegildo-Zegna-Group-H1-2025-Revenues-to-%E2%82%AC928-Million
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