Zegna Results Presentation Deck
GROUP REVENUES BY SEGMENT
(UNAUDITED)
Reconciliation Tables
Zegna
Thom Browne
Tom Ford Fashion(*)
Total for Zegna Group
Revenues growth
Zegna
Thom Browne
Tom Ford Fashion
Total for Zegna Group
12.7%
10.4%
n.m.
22.9%
Revenues growth
3.0%
6.3%
n.m.
Foreign exchange
20.8%
(1.4%)
(2.9%)
n.m.
(1.9%)
Foreign exchange
(3.0%)
(6.8%)
n.m.
9M 2023 vs 9M 2022
(4.2%)
Acquisitions and
disposals
1.5%
(2.4%)
n.m.
12.5%
(*) Throughout this section considered not meaningful (n.m.) as the Group began operating the Tom Ford Fashion segment following the TFI Acquisition,
which was completed on April 28, 2023, therefore there is no comparison figure for the period.
Q3 2023 vs Q3 2022
Acquisitions and
disposals
2.0%
4.6%
n.m.
Changes in license
agreements where
Zegna operates as a
licensee
22.4%
(7.5%)
-%
n.m.
(6.9%)
Changes in license
agreements where
Zegna operates as a
licensee
(8.7%)
-%
n.m.
Ermenegildo Zegna Group
(8.7%)
Organic Growth
20.1%
15.7%
n.m.
19.2%
Organic Growth
12.7%
8.5%
n.m.
11.3%
The tables above show a reconciliation of revenue growth for the nine months ended September 30, 2023 and for the three months ended September 30, 2023 to organic growth for the same periods by
segment and at the Group level.
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