Zegna Group Reports Strong Sales Growth in Q1 2024
Zegna Group has announced an 8.1% increase in sales during the first quarter of 2024, reaching €463.2 million, primarily fueled by robust performance in the Americas and a significant rise in direct-to-consumer sales. The group highlighted its ongoing strategic initiatives, including the expansion of the Tom Ford Fashion brand, which is set to open new stores in Rome and Beijing. Despite a challenging market environment, Zegna's focus on personalization and customer service has contributed to its strong financial performance, setting a positive outlook for the rest of the year.
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