Zegna organic revenues up 7.4% in first quarter, driven by U.S. sales

Ermenegildo Zegna NV

30/04/2026 11:06

MILAN, April 30 (Reuters) - Revenues at Ermenegildo Zegna JN0.F rose 7.4% on an organic basis in the first quarter, above market expectations, thanks to solid growth in the Americas, the Italian luxury group said on Thursday.

Revenues totalled 470.2 million euros ($549.38 million), above the 464 million euros expected by analysts according to Visible Alpha.

Organic figures are calculated at constant exchange rates and exclude acquisitions and disposals.

At current exchange rates the revenues increase was equal to 2.5% year on year, due mainly to the weaker dollar.

Revenues grew 17.5% organically in the Americas and 5.3% in the greater China region.

Revenues were driven by direct-to-consumer sales, while the wholesale channel posted a 17% decline.

($1 = 0.8559 euros)

 (Reporting by Elisa Anzolin, editing by Gavin Jones)

 ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))