Ermenegildo Zegna grows by 8% in the first quarter

Ermenegildo Zegna Group continues to grow at the start of the year, but at a slower pace. The Italian company specialising in luxury menswear posted sales of €463.2 million in the first quarter of 2023, up 8.1% (+10.7% at constant exchange rates). These results were driven primarily by strong performances in the United States and … Read more

Barneys New York’s Phyllis Pressman Dead at 95

Phyllis Pressman, who was part of the family that revolutionized retail by making Barneys New York as much a happening as a place of commerce, died on April 16 at the age of 95. Pressman was under hospice care at her home in Palm Beach, Fla., at the time of her death, according to her … Read more

Luxury group Zegna posts 19.3% jump in FY organic sales

By Reuters API Published Apr 6, 2024 ​Italy’s Ermenegildo Zegna posted a 19.3% increase in full-year organic revenue on Friday and proposed a 20% hike in its annual dividend, helped by robust demand for its luxury products. See catwalkZegna – Spring-Summer2024 – Menswear – Milan – © ImaxTree The family-owned fashion group, which controls menswear brand … Read more

Thom Browne in an L.A. State of Mind

Everyone has a so-L.A. moment, probably more than one. For Thom Browne, it was some time in the early 1990s while he was living here, a model/actor inching toward fashion design, when he spotted one of his idols in the bakery aisle of the Sunset Boulevard grocery store Chalet Gourmet. “It was Liza Minnelli,” he … Read more

Marcolin tops €550 million revenue mark

Translated by Nicola Mira Published Mar 26, 2024 Marcolin improved both revenue and profitability in fiscal 2023. The Italian eyewear producer recorded net sales of €558.3 million, up by 2% at current exchange rates (and by 3.8% at constant rates) compared to 2022, when Marcolin recorded net sales of over €547 million. Tom Ford sunglasses … Read more

Slowear CEO Piero Braga on considered growth and building women’s offerings

When Slowear launched in 2003, it was a novel concept. For starters, it combined four different and independent men’s clothing manufacturers—Incotex for pants, Zanone knitwear, shirts by Glanshirt, and Montedoro jackets—and was a unique way to build a brand. Secondly, dedicating itself to the ideology of building a wardrobe that lasts over time versus switching … Read more

Global communications giant The Independents acquires English agency Kennedy

Translated by Roberta HERRERA Published Mar 15, 2024 There seems to be nothing stopping The Independents, which now boasts 11 companies under its belt. The consortium of creative agencies, experts in communication and events, initiated in 2017 by Karla Otto and K2, has absorbed Kennedy, a London-based enterprise specializing in strategic consulting and production for … Read more

Tom Ford eyewear hits “milestone” as it enters Tmall Luxury Pavilion

Tom Ford Eyewear, the brand for which Marcolin holds the license, has opened a flagship store on the Tmall Luxury Pavilion in China.  Tom Ford Eyewear/Marcolin The new space features a wide spread of its sunglasses, optical frames and ski goggles.  The company said it “marks a milestone, connecting the brand’s sartorial excellence with the … Read more

Tom Ford glasses maker Marcolin prepares for sale as Pai Partners looks to exit

By Reuters API Published Feb 4, 2024 ​Top managers at Marcolin have started meeting potential suitors while they prepare the Italian eyewear manufacturer for a merger or a sale by renewing a series of key licensing accords, two sources close to the matter said. Tom Ford Marcolin, which has operations in Italy’s eyewear manufacturing district … Read more

Zegna Group accelerates in Q4 and closes 2023 on 27.6% growth

Ermenegildo Zegna Group is ending the year on a high. The Italian group specialising in very high-end menswear, which is listed on the New York Stock Exchange, is forecasting sales growth of 27.6% in 2023 (+19.3% on an organic basis) to €1.9 billion, as announced on the publication of its preliminary annual results. Its flagship … Read more