Ermenegildo Zegna H1 2025 Sales/Trading Statement Earnings Call Transcript
ByAinvest
Thursday, Jul 31, 2025 1:38 am ET1min read
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
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet