Zegna Results Presentation Deck
GROUP REVENUES BY SALES CHANNEL
(PRELIMINARY AND UNAUDITED)
Reconciliation Tables /1
Group
Direct to Consumer (DTC)
Zegna branded products
Thom Browne
Tom Ford Fashion
Total Direct to Customer (DTC)
Wholesale
Zegna branded products
Thom Browne
Tom Ford Fashion
Third Party Brands and Textile
Total Wholesale
Other
Revenues Growth
23.9%
28.7%
25.3%
n.m.
36.3%
19.3%
4.2%
n.m.
(23.9%)
6.3%
n.m.
Foreign Exchange
(0.8%)
(1.6%)
(5.3%)
n.m.
(2.3%)
1.4%
-%
n.m.
1.0%
0.8%
n.m.
H1 2023 vs H1 2022
Acquisitions and
disposals
8.8%
-%
-%
n.m.
8.2%
-%
-%
n.m.
(0.1%)
9.7%
n.m.
Ermenegildo Zegna Group
Structural changes
in license
agreements where
Zegna operates as a
licensee
(5.6%)
-%
-%
n.m.
-%
-%
-%
n.m.
(29.0%)
(11.8%)
n.m.
Organic Growth
The table above shows a reconciliation of revenue growth for the six months ended June 30, 2023 to organic growth for the same period by sales channel and at the Group level.
21.5%
30.3%
30.6%
n.m.
30.4%
17.9%
4.2%
n.m.
4.2%
7.6%
n.m.
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