Zegna Results Presentation Deck
3Q 2023 AND 9M 2023 REVENUES BY CHANNEL - DTC
Strong double-digit organic growth in the first nine months across ZEGNA and Thom Browne DTC
€282 million in 3Q 2023 (+ 29.9% YOY, +12.9% organic growth)
€865 million in 9M 2023 (+34.2% YOY, +24.6% organic growth)
DTC incidence at 64.8%, up from 59.4% in 9M 2022
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Zegna-Branded products
€195 million in 3Q 2023 (+8.3% YOY, +14.0% organic growth) with the U.S. and EMEA
overperforming
€661 million in 9M 2023 (+21.9% YOY, +25.0% organic growth) with strong retail KPIs
Strong increase in productivity
Thom Browne
€43 million in 3Q 2023 (+18.6% YOY, +7.7% organic growth)
€126 million in 9M 2023 (+22.9% in, +22.5% organic growth)
Conversion of Korea stores as of July 1, 2023
Tom Ford Fashion
€43 million in 3Q 2023
€78 million from April 29 to September 30, 2023
Ermenegildo Zegna Group
9M 2023 DIRECT TO CONSUMER
REVENUES
Tom Ford
Fashion
9%
Thom
Browne
15%
Zegna-Branded
Products
76%
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