Ermenegildo Zegna Appoints New CEO for Thom Browne

Ermenegildo Zegna has announced that Rodrigo Bazan will step down as CEO of Thom Browne on August 31, 2025, with Sam Lobban taking over on September 2, 2025. Under Bazan's leadership, Thom Browne's revenue grew to €315 million in 2024, and the brand expanded to 116 stores globally. Lobban is expected to continue the brand's growth trajectory with his customer-focused and creative vision. Ermenegildo Zegna's stock score reflects strong financial and earnings call performances, indicating solid growth prospects.

Ermenegildo Zegna N.V. has announced that Rodrigo Bazan will step down as CEO of Thom Browne on August 31, 2025, with Sam Lobban taking over on September 2, 2025. Under Bazan's leadership, Thom Browne's revenue grew to €315 million in 2024, and the brand expanded to 116 stores globally. Lobban is expected to continue the brand's growth trajectory with his customer-focused and creative vision.

Bazan's tenure at Thom Browne, which began in 2016, has been marked by significant growth and strategic achievements. His leadership has been instrumental in protecting and reinforcing the brand's intellectual property rights against Adidas, contributing to Thom Browne's status as a symbol of modern luxury tailoring. Under Bazan's guidance, Thom Browne's revenues nearly tripled since Ermenegildo Zegna's acquisition of the brand.

Sam Lobban, the new CEO, brings extensive experience in fashion and merchandising. Currently serving as Executive Vice President and General Merchandising Manager for Apparel & Designer at Nordstrom, Lobban has curated collaborations with leading brands, including Thom Browne. His blend of creative vision and strategic execution is expected to drive further growth for the brand.

Ermenegildo Zegna's stock performance reflects strong financial and earnings call performances, indicating solid growth prospects. The company's strategic focus on the Direct-to-Consumer (DTC) channel has shown positive results, with DTC revenues growing by +4% year-over-year (YoY) and +6% organic in the first half of 2025 [2].

The Americas region outperformed other regions, with revenues up +4% YoY and +10% organic. Thom Browne also reported positive DTC performance, growing by +2% YoY and +7% organic. The recent investments and milestones, including the first ZEGNA fashion show outside Milan and the expansion of Villa Zegna Dubai, further underscore the company's commitment to growth and innovation.

As Ermenegildo Zegna enters a new chapter with Sam Lobban at the helm of Thom Browne, the brand is poised for continued success. With Lobban's customer-first mindset and innovative approach to merchandising, Thom Browne is well-positioned to capture its unexpressed potential and maintain its status as a leading luxury brand in the fashion industry.

References:
[1] https://www.morningstar.com/news/business-wire/20250730688179/sam-lobban-appointed-ceo-of-thom-browne-rodrigo-bazan-stepping-down-to-pursue-other-opportunities
[2] 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-Million1