Strong DTC, Americas Help Zegna Group Offset Wholesale Declines in Q1

Thom Browne wholesale down nearly 50% in the first quarter

As owner Ermenegildo Zegna Group shifts its sales strategy, modest increases in the DTC channel only partially offset declines elsewhere.

Strong DTC, Americas Help Zegna Group Offset Wholesale Declines in Q1

The group expects to raise prices in the U.S. come fall to offset the tariffs being imposed on imports by the Trump administration.

Zegna Group reports €459m Q1 2025 revenue on strong DTC performance

Italian luxury fashion house Ermenegildo Zegna has reported unaudited revenues of €458.82m ($521.55m) for Q1 FY 2025.The post Zegna Group reports €459m Q1 2025 revenue on strong DTC performance appeared first on Retail Insight Network.

Solid DTC sales help to offset wholesale slump at Zegna Group

Efforts to streamline Thom Browne’s wholesale offer continue to weigh on the group, but chairman and CEO Gildo Zegna is “encouraged” by an otherwise positive start to the 2025 fiscal year.