Zegna Results Presentation Deck
4Q 2023 AND FY 2023 REVENUES BY CHANNEL - DTC
Strong double-digit organic growth across Zegna-Branded
Products and Thom Browne in FY 2023
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€400 million in 4Q 2023 (+ 46.3% YoY, +24.3% organic)
€1,265 million in FY 2023 (+37.8% YOY, +24.5% organic)
DTC incidence at ~66%, up from ~62% in FY 2022
Zegna-Branded Products
€284 million in 4Q 2023 (+23.4% YoY, +26.3% organic)
€945 million in FY 2023 (+22.4% YoY, +25.4% organic)
Strong double digit same store sales growth in all markets
and +14 net stores openings during 2023
Acceleration vs. 3Q 2023 (+14.0% YoY organic growth) with
double-digit same store sales growth in most geographies,
including a nearly 40% progress in the Greater China Region
Thom Browne
Ermenegildo Zegna Group
€57 million in 4Q 2023 (+33.0% YOY, +13.3% organic)
€183 million in FY 2023 (+25.9% YoY, +19.7% organic)
South Korea business internalization (17 stores) and six net
openings
Tom Ford Fashion
€58 million in 4Q 2023
€136 million from April 29 to December 31, 2023
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