Zegna Reports Resilient Results in 2025

The Italian luxury group significantly improved its net profit and margin in 2025. The New York Stock Exchange applauds its resilience, but analysts remain cautious.

Slightly below analysts’ expectations, but resilient enough to reassure the New York Stock Exchange…

The Italian men’s luxury fashion group Zegna has just unveiled its improved 2025 results. Thanks to a lower tax rate, itsnet profit rose by 20% to €109.5 million, while its gross margin improved to67.5%, driven by a shift toward direct-to-consumer (DTC) channels.

A €10 million Saks write-down

Weighed down by a €10 million loss linked to the filing of Saks department stores for Chapter 11 bankruptcy protection under U.S. law, Zegna’s adjusted operating profit (EBIT) nevertheless fell from €184 million in 2024 to €163 million in 2025, representing an 11% decline. When questioned about this by analysts, management nevertheless expressed confidence in Saks’ restructuring plan.

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Read more > Zegna: Gildo Zegna Steps Down from Operational Leadership

Featured Image: © Zegna