Zegna Group More Than Doubled Its Profit in 2023

Zegna Group, parent to the Zegna, Thom Browne and Tom Ford labels, posted outstanding financial results for the full year 2023 on Friday, reporting a profit of €135.7 million EUR, up 107.8% from the €65.3 million EUR in the year prior.Across the board, the Group recorded revenues of €1.9 billion EUR, marking a 27.6% increase when compared to the same figures for 2022. The Zegna segment earned revenues of €1.32 billion EUR, up 12.4% from the year prior, while Thom Browne's revenues increa...