Zegna Q3 revenue rises 8.9 percent bolstered by strong Americas and retail sales

The Italian fashion group Ermenegildo Zegna NV continued its growth trajectory in the third quarter of the 2026 financial year.

According to preliminary figures published by the company on Thursday, group revenue for the period from July to September reached 433.8 million euros (485.9 million dollars). This represents an increase of 8.9 percent year-over-year. On an organic basis, which adjusts for currency effects as well as changes in the group portfolio and licensing business, revenue grew by 8.2 percent.

The main growth driver remained its own retail business, where revenue rose by 13 percent (organic +11.4 percent) to 335.3 million euros. Conversely, wholesale revenue fell by 5.2 percent (organic -3.8 percent) to 63.4 million euros.

Overall, flagship brand Zegna recorded the most dynamic performance. Its revenue increased by 13.8 percent (organic +12.7 percent) to 283.8 million euros. Revenue at Tom Ford Fashion grew by 5.4 percent (organic +5.5 percent) to 69.6 million euros. The Thom Browne label recorded a decline of 5.9 percent (organic -7.4 percent) to 45.4 million euros.

All market regions record growth

Positive developments across all market regions contributed to the solid growth in group revenue. In Europe, the Middle East and Africa (EMEA), revenue increased by 6.9 percent YoY (organic +6.3 percent) to 161.4 million euros. In the Americas, revenue grew by 14 percent (organic +13.6 percent) to 138.3 million euros. In the Greater China region, revenue rose by 8.7 percent (organic +5.7 percent) to 84.1 million euros, while the rest of the Asia-Pacific region saw an increase of 3.6 percent (+5 percent at constant exchange rates) to 49.3 million euros.

In the first nine months of the year, group revenue reached 1.42 billion euros. This corresponds to growth of 7.2 percent (organic +8.9 percent) YoY.

Group head Zegna sees “solid progress”

Executive chairman Ermenegildo Zegna saw “another quarter of solid progress” for the group. He particularly highlighted the strong gains in its own retail business and in the Americas. At the same time, he noted that the Greater China region “recorded steady growth in a quarter where the environment proved more challenging”.

The company now looks to the remaining months of the year with “cautious confidence”, Zegna explained. “Even though the global environment remains uncertain, we continue to focus on what has always set us apart: our close relationships with our customers, built on more than a century of craftsmanship tradition.”