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Italian Fashion Group Zegna Raises Guidance for 2022

Italian Fashion Group Zegna Raises Guidance for 2022

Italian fashion group Ermenegildo Zegna raised its full-year guidance on Friday after reporting a 21 percent increase in half-year revenue.

The company, which is listed in New York, said it now expects revenue growth in the mid-teens in percentage terms versus previous guidance for low-teens percentage growth.

It also forecast a “solid improvement” in adjusted earnings before interests and taxes (EBIT) having previously spoken only of an…


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