Ermenegildo Zegna’s Revenue Growth Amid Market Challenges
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Ermenegildo Zegna’s Revenue Growth Amid Market Challenges

Ermenegildo Zegna (ZGN) has released an update.

Ermenegildo Zegna Group reported a 2% year-on-year revenue growth for the first nine months of 2024, reaching €1.4 billion, despite a dip in the third quarter. The ZEGNA brand showed resilience with positive performance, particularly in the Americas and EMEA, driven by direct-to-consumer channels. However, the company anticipates challenges in the Greater China region moving forward.

For further insights into ZGN stock, check out TipRanks’ Stock Analysis page.

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