In the wake of mixed half-year results, the Italian luxury menswear manufacturer announced the arrival of Singaporean fund Temasek as a new shareholder, a new CEO for Thom Browne, and a new sustainable development program.
It’s been a busy time at Ermenegildo Zegna.
The Italian luxury textile and menswear group, listed on the New York Stock Exchange, has unveiled its half-year results, the arrival of Singaporean fund Temasek with a 10% stake in its capital, the appointment of a new CEO for its Tom Browne brand, and finally the launch of a new sustainability program called “Oasi Zegna Global Initiatives.”
Temasek fund enters the fray
On July 29, the day before the publication of its first-half 2025 results, Ermenegildo Zegna announced that Singaporean sovereign wealth fund Temasek Holdings was acquiring a 10% stake in the company through its subsidiary Venezio Investments Pte. Ltd.
Read also > Zegna ends a mixed 2024
Featured photos: © Zegna Group