Zegna Results Presentation Deck
4Q 2023 AND FY 2023 REVENUES BY GEOGRAPHY
North America highest reported growth also supported by Tom Ford
Fashion consolidation
Double-digit organic growth across all regions for both FY 2023 and 4Q
2023, with the exception of North America in 4Q 2023
North America 4Q2023 organic growth - high-teens DTC growth for Zegna
branded products, partly offset by lower wholesale due to the impact of
the shift in deliveries and the conversion to DTC of Saks Fifth Avenue New
York location
EMEA supported by strong growth in DTC slightly offset by more muted
wholesale especially in 4Q 2023 reflecting the new merchandising
strategy for Zegna-branded products
Activity in Europe remained dynamic throughout the year reflecting
strong activity for both domestic and foreign consumers. UAE continued
to outperform in the region
APAC growth remains dynamic across most markets with 4Q 2023
acceleration driven by GCR
Greater China Region DTC up ~40% as a result of the ZEGNA One Brand
strategy execution and of the lower base of comparison
North
America
22%
APAC
41%
Ermenegildo Zegna Group
FY 2023 REVENUES BY GEOGRAPHY
Latin America
2%
EMEA
35%
Other
0%
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