Overview
- The group posted €470.2 million in first‑quarter revenue, up 2.5% year over year, or 7.4% at constant currency.
- Sales through its own stores and website grew about 14% organically and now account for 85% of total revenue.
- The Americas led the quarter with revenue up 9.6% to €137 million, while EMEA slipped slightly and Greater China inched higher.
- By brand, Zegna rose 5.9% to €310.3 million, Tom Ford Fashion delivered 5.4% organic growth, and Thom Browne fell 9.4% as wholesale cuts weighed on results.
- Wholesale declined 19.1% to €64.3 million as the group emphasizes retail, and leaders said shipping delays linked to the Saks Global bankruptcy are easing.