$ZGN

Ermenegildo Zegna N.V.

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Major retailer founded in 1910 closes 14 stores with more on the way

Ermenegildo Zegna Group, founded in 1910, closed 14 stores in H1 2026, with more planned. The company is focusing on high-performing brands and markets, particularly in Greater China. CEO Gianluca Tagliabue stated closures are strategic, not lease-driven, and will redirect investment. The group now has 657 stores globally, with most closures in Europe, the Middle East, Africa, and Greater China, while new openings are concentrated in the Americas. The restructuring may temporarily impact financi

Zegna (ZGN) Q2 2026 Earnings Call Transcript

Zegna (ZGN) reported Q2 2026 earnings with adjusted EBIT of EUR 74M, up from EUR 69M last year. The Zegna segment saw a 14.8% margin, while Thom Browne had a EUR 8M loss due to FX impacts. TOM FORD Fashion improved, with a EUR 12M loss, better than last year's EUR 19M. Profit was EUR 28M, down from EUR 48M last year, affected by FX and tax changes. Free cash flow was EUR 19.9M, up from a EUR 23M absorption last year. Management highlighted strong performance in Zegna and ongoing transformation i

Ermenegildo Zegna N.V. Q2 2026 Earnings Call Summary

Ermenegildo Zegna N.V. reported Q2 2026 earnings, highlighting high-quality growth in China and a shift to a Direct-to-Consumer (DTC) model, now 86% of branded revenues. Zegna aims for a 15% full-year adjusted EBIT margin, with a long-term goal of 20%. Thom Browne is transitioning to a retail-oriented model, expecting positive EBIT in H2 2026. TOM FORD Fashion is projected to be slightly negative for 2026 but expects positive EBIT in the second half. The group confirmed 2027 guidance of EUR 2.2

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$ZGNMed

Major retailer founded in 1910 closes 14 stores with more on the way

Ermenegildo Zegna Group, founded in 1910, closed 14 stores in H1 2026, with more planned. The company is focusing on high-performing brands and markets, particularly in Greater China. CEO Gianluca Tagliabue stated closures are strategic, not lease-driven, and will redirect investment. The group now has 657 stores globally, with most closures in Europe, the Middle East, Africa, and Greater China, while new openings are concentrated in the Americas. The restructuring may temporarily impact financi

$ZGNMed

Zegna (ZGN) Q2 2026 Earnings Call Transcript

Zegna (ZGN) reported Q2 2026 earnings with adjusted EBIT of EUR 74M, up from EUR 69M last year. The Zegna segment saw a 14.8% margin, while Thom Browne had a EUR 8M loss due to FX impacts. TOM FORD Fashion improved, with a EUR 12M loss, better than last year's EUR 19M. Profit was EUR 28M, down from EUR 48M last year, affected by FX and tax changes. Free cash flow was EUR 19.9M, up from a EUR 23M absorption last year. Management highlighted strong performance in Zegna and ongoing transformation i

$ZGNMedAI 8/10

Ermenegildo Zegna N.V. Q2 2026 Earnings Call Summary

Ermenegildo Zegna N.V. reported Q2 2026 earnings, highlighting high-quality growth in China and a shift to a Direct-to-Consumer (DTC) model, now 86% of branded revenues. Zegna aims for a 15% full-year adjusted EBIT margin, with a long-term goal of 20%. Thom Browne is transitioning to a retail-oriented model, expecting positive EBIT in H2 2026. TOM FORD Fashion is projected to be slightly negative for 2026 but expects positive EBIT in the second half. The group confirmed 2027 guidance of EUR 2.2

$ZGNLow

Luxury Briefing: How John Galliano’s 15-year rehabilitation reached its limit at the Met

John Galliano's Met retrospective was canceled amid controversy over his past actions. Despite his rehabilitation and work with Zara, the decision highlights the distinction between professional redemption and institutional honors. Meanwhile, Zegna reported H1 revenue of €987.3 million, but Thom Browne underperformed with a negative adjusted EBIT of $9.3 million, as it shifts from wholesale to retail. Gianfilippo Testa was named CEO of Bang & Olufsen, and Marilyne Trebus joined Kering as chief p

$ZGNMedAI 8/10

Ermenegildo Zegna NV (ZGN) (H1 2026) Earnings Call Highlights: Adjusted EBIT Rises

Ermenegildo Zegna NV reported H1 2026 adjusted EBIT of EUR74 million, with the ZEGNA segment performing well but Thom Browne facing challenges. Foreign exchange impacts and wholesale network transformation delays hurt Thom Browne's profitability. The company expects ZEGNA's adjusted EBIT margin to reach 15% for the full year, with Thom Browne nearing breakeven. Consensus for 2026 adjusted EBIT is around EUR195 million, with 2027 guidance reaffirmed at EUR250 million.

$ZGNHighAI 8/10

Ermenegildo Zegna Group Reports First Half 2026 Revenues of €987 Million With Profit at €28 Million and Adjusted EBIT at €74 Million

Ermenegildo Zegna Group reported H1 2026 revenues of €987.3M, up 6% YoY, with profit at €28.4M and adjusted EBIT at €74.5M. DTC sales grew 12%, while wholesale declined 14.6%. Zegna segment saw 11.2% revenue growth, while Thom Browne and Tom Ford Fashion had mixed results. Net cash surplus increased to €59.6M.

Ermenegildo Zegna N.V. (ZGN): Financial results for H1 2026

Ermenegildo Zegna N.V. (ZGN) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 ERMENEGILDO ZEGNA GROUP REPORTS FIRST HALF 2026 REVENUES OF €987 MILLION WITH PROFIT AT €28 MILLION AND ADJUSTED EBIT AT €74 MILLION • Revenues 1 of €987.3 million, +6% Year-on-Year (YoY) and +9% organic 2 . Direct-to-consumer (“DTC”) drove the performance with a +12

$ZGNMed

Ermenegildo Zegna Q2 Earnings Call Highlights

TOM FORD FASHION generated EUR 89 million in second-quarter revenue, up 7% organically. Durante said DTC revenue increased 13%, led mainly by the Americas, with the rest of APAC outperforming. She said the performance was driven entirely by comparable store sales growth and supported by customer reception of the spring/summer collections. Wholesale revenue declined 3%, and management reiterated expectations for a low- to mid-single-digit decline by year-end.

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