Zegna Results Presentation Deck
FY 2022 AND 4Q 2022 REVENUES BY CHANNEL
NE
Wholesale*:
DTC
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Trmemegililo Ermenegildo Zegna Group
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+30.7% YoY in FY 2022; pushed by all product lines results
Continued to perform well in 4Q 2022; +16.1% YoY on an easy basis of comparison, especially for Thom Browne
Grew high-single-digit YoY in FY 2022; -6.8% YoY in 4Q 2022
Both periods were strongly affected by DTC Covid-related disruption in GCR (mainly concentrated in 2Q and 4Q),
which is mainly a retail market
DTC Zegna-branded products: +8.4% YoY in FY 2022; -6.2% YoY in 4Q 2022
Strong results in US, Europe and Middle East in both 4Q and FY2022 (excluding GCR, DTC for Zegna branded
products would be up by strong double-digit
DTC Thom Browne: +5.1% YoY in FY 2022; -10% YoY in 4Q 2022
High-double-digit performance in the U.S., Europe, and Japan, as well as E-commerce
11 net store openings (from 52 DoS at end of FY 2021 to 63 at end of FY 2022)
* Includes wholesale revenues for Zegna branded products, Thom Browne, Third Party Brands and Textile product lines
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