Zegna Group reported Q1 2026 revenue of 470.2 million euros ($551.8 million), up 2.5% on a reported basis and 7.4% at constant exchange rates. The core Zegna brand recorded 11% organic growth, while the direct-to-consumer (DTC) channel — now 85% of total branded sales — reached 371.9 million euros ($436.5 million), up 14.2% at constant exchange rates, with positive results across all regions, most notably the Americas and a rebounding Greater China. Executive Chairman Ermenegildo “Gildo” Zegna attributed the results to the group’s “retail-first” model, noting that Thom Browne and Tom Ford Fashion also strengthened their market positions.

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