Zegna Results Presentation Deck
GROUP REVENUES BY SALES CHANNEL
(UNAUDITED)
Reconciliation Tables/2
Direct to Consumer (DTC)
Zegna branded products
Thom Browne
Tom Ford Fashion
Total Direct to Consumer (DTC)
Wholesale
Zegna branded products
Thom Browne
Tom Ford Fashion
Third Party Brands and Textile
Total Wholesale
Other
Total for Zegna Group
Revenues growth
8.3%
18.6%
n.m.
29.9%
6.7%
(8.6%)
n.m.
(36.0%)
6.6%
n.m.
20.8%
Foreign exchange
(5.7%)
(13.5%)
n.m.
(7.8%)
1.7%
(0.8%)
n.m.
0.3%
0.5%
n.m.
(4.2%)
Q3 2023 vs Q3 2022
Acquisitions and
disposals
-%
24.4%
n.m.
24.8%
-%
(16.1%)
n.m.
(0.2%)
19.6%
n.m.
22.4%
Changes in license
agreements where
Zegna operates as
a licensee
-%
-%
n.m.
-%
-%
-%
n.m.
(47.6%)
(21.6%)
n.m.
(8.7%)
Ermenegildo Zegna Group
Organic Growth
14.0%
7.7%
n.m.
12.9%
5.0%
8.3%
n.m.
11.5%
8.1%
n.m.
11.3%
The table above shows a reconciliation of revenue growth for the nine months ended September 30, 2023 to organic growth for the same period by sales channel and at the Group level.
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