On the afternoon of April 20th, Eastern Time, Italian luxury group Ermenegildo Zegna (Zegna) released its unaudited major financial data for the first quarter of the 2023 fiscal year. The company’s revenue increased by 13.4% year-on-year to 428.3 million euros (calculated at a fixed exchange rate: +13.4%), excluding Tom Ford products. The revenue growth rate was 19.1% year-on-year (calculated at a fixed exchange rate: +18.9%). All regions showed strong growth, with the Mainland China region increasing by 15.9% year-on-year and by 17.2% at a fixed exchange rate.
With the delivery …
