Organic Growth

Ermenegildo Zegna N.V. reported a 2.3% YoY decrease in revenue for 9M 2025, totaling €1,325.9 million. Q3 2025 revenues, however, grew slightly by 0.2% YoY to €398.2 million, with a 3.6% organic increase. DTC channel sales rose 4.5% YoY (9.1% organic), while wholesale declined. Zegna brand led the growth, with Thom Browne experiencing a decline. The Americas region showed strong organic growth. The company anticipates a challenging environment due to consumer demand and currency fluctuations.