This week, amid rising uncertainty in the luxury market, Ermenegildo Zegna reported 20 percent organic growth in the fourth quarter, beating estimates and pushing full-year revenues to €1.9 billion ($2.1 billion).
Zegna’s mostly logo-free collections, including “triple-stitch” sneakers, silk and cashmere blended knits, got a boost last year from the “quiet luxury” boom: a TikTok trend fuelled by HBO’s “Succession” and wider…