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Italian Luxury Group Zegna Posts Flat Organic Revenue

Italian Luxury Group Zegna Posts Flat Organic Revenue

Italian fashion group Ermenegildo Zegna reported broadly flat second quarter organic revenue on Thursday as sales in the United States, Europe and Middle East helped offset a weaker quarter at its Thom Browne brand.

Organic revenue totalled 497 million euros ($539 million) for the April-June quarter, down 0.4 percent from a year earlier.

Revenue growth at its Zegna brand, which accounts for most of the group’s sales, were driven by ongoing…


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