Zegna Results Presentation Deck slide image

Zegna Results Presentation Deck

MONO-BRAND¹ STORE NETWORK 1. 2. 3. O O O Stores O EMEA (2) Americas (3) APAC Total Direct to Consumer (DTC) EMEA (2) Americas (3) APAC Total Wholesale Total Zegna 71 59 123 253 55 63 33 151 404 At December 31, 2023 Thom Tom Ford Browne Fashion 9 7 70 86 7 3 15 25 111 4 12 35 51 14 50 6 70 121 Group 84 78 228 390 76 116 54 246 636 Zegna At December 31, 2022 Thom Browne 65 53 121 Ermenegildo Zegna Group 239 57 64 35 156 395 10 7 46 63 Zegna DTC network increased by +14 net stores compared to year-end 2022: multiple addition in the US market (among which the new Zegna boutique in East Hampton, the Saks NY Fifth Avenue concession and 6 new Nordstrom openings) new openings in resort location in EMEA (i.e. Courchevel, St Moritz) some selected openings worldwide (notable ones were Kuwait city, Jinan and Wuhan) reduction in the number of outlet worldwide (-4 stores) Thom Browne added +6 net stores compared to year-end 2022, on top of the conversion from wholesale to retail of the South Korean network effective July 1, 2023. Openings were primary in the APAC region (i.e. Jinan and Wuhan, Shenzhen Bay, Nagoya, Kanagawa, Tokyo Shinjuku) 6 4 32 42 105 Group 75 60 167 302 63 68 67 198 500 Tom Ford Fashion added 121 stores to the Group network of which 51 directly operated with 3 notable openings since the acquisition (Saks NY Fifth Avenue, Dubai, Abu Dhabi) compensated by the closing of other minor stores Monobrand store count includes our DOSS (which are divided into boutiques and outlets) and our Wholesale monobrand stores (including also monobrand franchisees) Does not include any stores in Russia at December 31, 2023 or at December 31, 2022. Although some stores may still be operating at December 31, 2023, they have not been supplied by Zegna since February 2022 and have therefore been excluded from Zegna's store 17 count. Americas include North America and Latin America.
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