On January 25, Ermenegildo Zegna N.V. (NYSE:ZGN) announced its financial data for the 2022 fiscal year. Full-year revenue was €1,493 million, an increase of 15.5% year-over-year. Revenues for the fourth quarter of the year were €407 million, down 0.5% year-over-year. Revenues at constant currency grew 11.0% and declined 2.9% in FY 2022 and 4Q 2022, respectively.
The Greater China Region was affected by COVID-related restrictions throughout 2022, particularly from mid-March to the end of May and then again in the fourth quarter, which also affected the overall performance of the grou …
