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DTC growth, US boost Zegna amid China slowdown

Zegna Group reported revenue of 458.8 million euros ($490.9 million) for Q1 2025, down 1% from 463.1 million euros ($495.5 million) a year earlier. By brand, Zegna sales rose 3.6% to 293 million euros ($313.5 million), while Thom Browne revenue fell 18.9% to 64.2 million euros ($68.7 million). Tom Ford Fashion sales increased 3.8% to 67.4 million euros ($72.1 million). In Greater China, revenue declined 11.6% to 123.3 million euros ($132 million).

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