Zegna Results Presentation Deck
FY 2022 GROUP REVENUES
Revenues of €1,493 million, +15.5% YoY, +11.0% YoY in cFX
Continued growth momentum for both Zegna and Thom Browne
Zegna Segment +13.7% YoY
Thom Browne Segment +25.3% YoY
Both were impacted by Covid-19-related disruptions in the GCR throughout 2022, particularly severe in March-May and 4Q 2022
A two-speed world. Excluding GCR, growth was healthy double-digit, with the Zegna One Brand strategy well received and Thom Browne
benefitting from growing internationalization and footprint expansion. 4Q was also strong despite:
a tougher base of comparison in Europe and the US in 4Q
the termination of our distribution license with Tom Ford International, replaced by a supply agreement starting from SS23 deliveries
(2pp negative impact on 4Q revenues)
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1,292
FY 2021
+15.5%
year-over-year
(95)
GCR
+295
1,493
World ex- FY2022 Prel.
GCR Unaudited
Ermenegillo Ermenegildo Zegna Coup
€ millions, except percentages. Numbers may not add up due to rounding
409
4Q 2021
(0.5)%
year-over-year
(57)
GCR
+55
World ex-
GCR
407
4Q 2022 Prel.
Unaudited
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