Ermenegildo Zegna Group, which owns Zegna and Thom Browne and holds the license for Tom Ford Fashion, reported an 8.9% year-on-year rise in third-quarter 2026 revenues to €433.8 million. Zegna brand revenues rose 13.8% to €283.8 million, Thom Browne revenues fell 5.9% to €45.4 million, and Tom Ford Fashion revenues grew 5.4% to €69.6 million. Direct-to-consumer (DTC) revenues climbed 13% to €335.3 million, driven by Zegna’s strong global growth (up 18.2% in that channel). Wholesale revenues, however, dropped 5.2% to €63.4 million. The Americas and Greater China stood out, up 14% and 8.7% respectively, though all regions posted growth.
“This was another quarter of solid progress for our group. DTC continued to drive our growth, led by Zegna,” executive chair Ermenegildo “Gildo” Zegna said in a Thursday statement. “I am also pleased with our group’s performance across all regions. In particular, the Americas continued its double-digit trend despite an increasingly demanding comparison base, and Greater China delivered steady growth in a quarter where the environment proved more challenging. Zegna led the way in all regions.”
Revenues in EMEA (Europe, the Middle East, and Africa) rose 6.9% to €161.4 million, driven by double-digit growth at Zegna and partly offset by wholesale declines at Thom Browne and Tom Ford Fashion. The company noted that the Middle East began to improve this quarter. Americas revenues rose 14% to €138.3 million for the quarter, again boosted by Zegna’s double-digit growth despite a slight offset from the brand’s 9.8% wholesale decline. Tom Ford—a growing fashion week favorite under Haider Ackermann’s creative direction—also saw solid third-quarter growth in the region. Greater China revenues increased 8.7% to €84 million, driven by Zegna and partly offset by a decline at Thom Browne; the rest of Asia-Pacific rose 3.6% to €49.3 million, led by positive performances at both Tom Ford and Zegna.
Group CEO Gianluca Tagliabue told investors on Thursday that the quarter’s performance reflects the strategy the group has pursued across all regions. “The momentum we first built in the Americas and in the Middle East is now increasingly extending to continental Europe and to Greater China, broadening the foundations of our group,” he said. “This is evident not only in the brand’s performance across regions and customer nationalities, but also across product categories and client segments.” Tagliabue credited Zegna brand’s growth to both loyal and new customers.
“Looking ahead, we remain cautiously confident, knowing that uncertainty in the global environment remains quite high. In this context, what matters most is the strength of our vision and our ability to engage with consumers,” Tagliabue added. “Appetite for luxury is and remains strong. Ultimately, the opportunity is there—it is up to each brand to earn its share.”
Frequently Asked Questions
Heres a set of FAQs about Zegnas Q3 revenue growth in the Americas and China
1 What happened with Zegnas revenue in the third quarter
Zegnas revenue grew in Q3 driven mainly by stronger sales in the Americas and China
2 Who is Zegna
Zegna is an Italian luxury fashion house known for mens suits tailoring and highend clothing It also owns the Thom Browne brand
3 What does Q3 mean
Q3 stands for the third quarter of the yearJuly through September
4 Why are the Americas and China important for Zegna
Theyre two of the largest luxury markets in the world Growth there signals strong demand for Zegnas products
5 What drove the growth in the Americas
Higher sales of Zegnas branded products including its main line and Thom Browne boosted revenue in the region
6 Why did China contribute to the growth
Demand for luxury goods rebounded in China and Zegnas stores and brand appeal there helped lift sales
7 What is revenue exactly
Revenue is the total money a company brings in from selling its products or services before costs are subtracted
8 Does revenue growth mean Zegna is more profitable
Not necessarily Revenue is money coming in profit is whats left after costs Growth helps but costs matter too
9 What is likeforlike or comparable sales growth
It measures sales growth at stores open for at least a year so it isnt inflated by newly opened stores
10 Why do investors care about regional growth
It shows where demand is strong and helps predict future performance Growth in big markets like the US and China is a positive signal
11 What are the risks of relying on China and the Americas
Both markets can be volatile Chinas economy and US consumer spending can shift quickly which could hurt sales
12 What is Thom Brownes role in Zegnas results
Thom Browne is a Zegnaowned brand Its sales are part of Zegnas total revenue and can affect growth figures
13 How does currency exchange affect Zegnas revenue
A weaker euro can make overseas sales worth more when converted back to euros