Officials The Diplomat Neil Barrow The Goo Shirt
In the summer of 1976, married artists Luise and Morton Kaish were residents at MacDowell, the revered artist colony in New Hampshire. “They did that a lot,” says their daughter, Melissa Kaish. Luise and Morton were a team, traveling together all around the world throughout their 65-year marriage: Italy when Luise won the Prix de Rome in sculpture at the American Academy in Rome, Dartmouth when they had another joint residency, Alaska to get inspired by the otherworldly landscapes. Become a Vogue Business Member to receive unlimited access to Member-only reporting and insights, our Beauty and TikTok Trend Trackers, Member-only newsletters and exclusive event invitations. Ermenegildo Zegna Group, owner of Zegna and Thom Browne and licensee of Tom Ford Fashion, said that revenues rose slightly — 0.2 per cent — to €398.2 million for the third quarter of fiscal 2025, just beating the group’s consensus of €396 million. It’s an improvement on last quarter, where revenues fell 6 per cent. This improvement was driven by a solid direct-to-consumer (DTC) performance across brands; group-wide DTC revenues were up 4.5 per cent. Wholesale revenues, though, were down across the board. The group said that the team is now happy with the brands’ wholesale distributions, and that next year’s decline should be muted.Officials The Diplomat Neil Barrow The Goo Shirt
“I am pleased with the continued growth of the Zegna brand DTC channel, led by the Americas and EMEA [Europe, the Middle East and Africa], and also delighted to see the meaningfully improved performance of Tom Ford Fashion and Thom Browne, whose [combined] DTC channel grew by double digits on an organic basis this quarter,” CEO and chair Ermenegildo ‘Gildo’ Zegna said in a statement. By brand, Zegna revenues for the third quarter were up 2 per cent to €249.4 million. Thom Browne revenues fell 9.6 per cent to €48.2 million, and Tom Ford Fashion revenues were up 0.9 per cent to €65.4 million. CFO and COO Gianluca Tagliabue referenced the Tom Ford and Thom Browne Spring/Summer 2026 shows this past fashion month. “Both received enthusiastic recognition from the press and from our clients, reflecting continued progress along the path set for this project,” he said. Tom Ford Fashion was a highlight, while new creative director Haider Ackermann’s first collection, which arrived in stores at the end of August, boosted results, Tagliabue added. “[The collection] was well received.” “Of course, these are early signs, and while we are pleased to see such a positive start, we are aware that the journey to fully unlock Tom Ford Fashion’s potential is still ahead of us and that it might not be a straight line,” he continued. “We must continue building this momentum.” The goal, Tagliabue said, is to elevate the client.
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