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Ermenegildo Zegna Group Q3 2026 Revenues1 up 9% With Solid Growth Across All Regions and Continued Strength in the DTC Channel (+13% YoY)

$ZGNPress releaseOct 22, 2026, 6:32 AM ETRead the release

Ermenegildo Zegna Group posted Q3 2026 revenues of €433.8 million, up 8.9% year-over-year (+8.2% organic), with growth across all regions. The ZEGNA brand led with €283.8 million (+13.8% YoY) and DTC revenues grew 13% to €335.3 million, while Thom Browne declined 5.9% amid a challenging Greater China environment and wholesale streamlining. Nine-month revenues reached €1,421.1 million, up 7.2% YoY, led by the Americas at +14.7%.

Key figures

Revenue
€433.8 million
Revenue Yoy
8.9%
9m revenue
€1,421.1 million
Dtc q3 yoy
13.0%
Gcr q3 yoy
8.7%
Q3 revenue
€433.8 million
9m revenue yoy
7.2%
Dtc q3 revenue
€335.3 million
Americas q3 yoy
14.0%
Zegna dos count
275
Zna brand q3 yoy
13.8%
9m organic growth
8.9%
Q3 organic growth
8.2%
Thom browne q3 yoy
-5.9%
Zna brand q3 revenue
€283.8 million
Group monobrand stores
650
Thom browne q3 revenue
€45.4 million
Tom ford fashion q3 yoy
5.4%
Wholesale branded 9m yoy
-11.8%
Tom ford fashion q3 revenue
€69.6 million
Dtc pct of branded products q3
84%

AI analysis

Red flags3 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    ZGN: Ermenegildo Zegna Group Q3 2026 Revenues1 up 9% With Solid Growth Across All Regions and Continued Strength in the DTC Channel (+13% YoY) — AI Analysis | Signal8