Revenues of Italian company Ermenegildo Zegna 2012-2019
net profit of almost 14.5 million euros, the company is one of the most successful among Italian enterprises in the luxury sector.
A family-run business
Founded in 1910 in a small town in the Italian region of Piedmont, Ermenegildo Zegna is an Italian luxury fashion house specialized in the design and production of men's clothing and accessories. Despite expanding abroad, being involved in several acquisitions and boasting a sales value of almost 1.2 billion euros in 2017, the company remains family-owned after four generations and continues to run the business from Trivero, the town where it was founded and where over 200 people are employed.
Menswear sector in Italy
The menswear industry in Italy has been progressing steadily in the last few years and is estimated to have reached a total turnover of approximately 9.4 billion euros in 2018. As the womenswear and the footwear industry, also the menswear sector in Italy is also extremely dependent on exports. In fact, in 2018, 67 percent of the sector’s turnover is estimated to have originated in foreign markets.
In 2019, the Italian fashion company Ermenegildo Zegna Holditalia S.p.A., which controls the brands Ermengildo Zegna, Z.Zegna, Agnona and Thom Brown, reported an annual turnover of approximately 97.17 million euros. This figure represents an overall increase of more than 15 million euros compared to 2012, the first year considered in this graph. Moreover, with a A family-run business
Founded in 1910 in a small town in the Italian region of Piedmont, Ermenegildo Zegna is an Italian luxury fashion house specialized in the design and production of men's clothing and accessories. Despite expanding abroad, being involved in several acquisitions and boasting a sales value of almost 1.2 billion euros in 2017, the company remains family-owned after four generations and continues to run the business from Trivero, the town where it was founded and where over 200 people are employed.
Menswear sector in Italy
The menswear industry in Italy has been progressing steadily in the last few years and is estimated to have reached a total turnover of approximately 9.4 billion euros in 2018. As the womenswear and the footwear industry, also the menswear sector in Italy is also extremely dependent on exports. In fact, in 2018, 67 percent of the sector’s turnover is estimated to have originated in foreign markets.