Zegna Results Presentation Deck slide image

Zegna Results Presentation Deck

1H 2023 AND 2Q 2023 REVENUES BY CHANNEL DTC: Strong growth for Zegna and Thom Browne +36.3% YoY in 1H 2023 (+38.6% in cFX; +30.4% organic) + 48.1% YoY in 2Q 2023 (+52.8% in cFX; +35.8% organic) €35 million TOM FORD FASHION contribution Zegna ● ● +28.7% YoY in 1H 2023 (+30.3% in cFX and organic growth) thanks to solid double-digit performance in all regions ● +32.7% YoY in 2Q 2023 (+36.2% in cFX and organic growth), faster than 1Q 2023 (+24.6% in cFX) Significant improvement of store productivity and a few selective new stores openings Thom Browne +25.3% YoY in 1H 2023 (+30.6% in cFX and organic growth), with similar performance in 1Q and 2Q Network expansion and double-digit growth in comparable stores * Includes wholesale revenues for Zegna branded products, Thom Browne, Third Party Brands and Textile product lines Wholesale*: Continued area of growth for Zegna +6.3% YoY in 1H 2023 (+5.5% in cFX; +7.6% organic) +16.0% YoY in 2Q 2023 (+15.6% in cFX; +6.0% organic) Zegna branded products +19.3% YoY in 1H 2023 (+17.9% in cFX and organic growth) ● ● ● Ermenegildo Zegna Group ● + 42.8% YoY in 2Q 2023 thanks to robust same doors growth across all regions Thom Browne +4.2% YoY in 1H 2023 -1.7% YoY in 2Q 2023 due to lower deliveries to the Korean market, which is directly operated as of July 1, 2023 TOM FORD FASHION ● €29 million in TOM FORD FASHION olesale revenues in 1H 2023, offset by revenues lost on Tom Ford third-party products 17
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