Tom Ford Fashion news and archive

Ermenegildo Zegna group: Sales decline continues in second quarter

The Italian fashion group Ermenegildo Zegna NV (Zegna) saw a decline in sales in the second quarter of the 2025 financial year. This was mainly due to the continued weakness in demand in China. Losses in Europe also contributed to the decline. According to preliminary figures published by the company on Wednesday, group sales amounted to 468.9...

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Ermenegildo Zegna Group reports 8 percent decline in Q3

Ermenegildo Zegna Group reported unaudited revenues of 1,357.4 million euros for the first nine months, up 1.7 percent or down 4 percent organic. In the third quarter, revenues reached 397.3 million euros, down 7.8 percent and down 6.7 percent organic. Commenting on the results, Ermenegildo “Gildo” Zegna, chairman and CEO of the company, said: “...

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Zegna Group revenues increase but profit dips

Ermenegildo Zegna Group’s profit declined to 31.3 million euros in the first half period and adjusted EBIT to 80.9 million euros compared to the previous year. Revenues for the period of 960.1 million euros, were up 6.3 percent but down 2.7 percent on an organic basis. Commenting on the trading results, Ermenegildo “Gildo” Zegna, group chairman...

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Lelio Gavazza named Tom Ford Fashion chief executive

The Ermenegildo Zegna Group has appointed Lelio Gavazza to the newly created position of chief executive officer of Tom Ford Fashion, effective September 18. In a statement, the fashion group said that Gavazza will report to Gildo Zegna, chairman and chief executive of the Zegna Group and will be part of the senior management of the group. As...