The ErmenegildoZegna Group reported 20.8 per cent growth in H12022 boosted by A strong performance in the US, Western Europe and the United Arab Emirates.

In the six months ended June 30, the company’s revenues grew to € 729 million compared with €603.3 million in the same period last year. This was achieved despite the ongoing macroeconomic and geopolitical instability, and the impact of COVID-19 related measures in the Greater China region.

In the second quarter of 2022, sales rose 16 percent to €351.4 million.

Revenues of the Zegna brand increased 19 percent to €553 million from €466 million last year, a result of the repositioning of the brand. Shoes and luxury leisurewear continued to perform strongly, while tailoring and Made to Measure have rebounded.

Thom Browne sales climbed 30 percent, reaching €185.8 million compared with €142.5 million last year, boosted by growth across all lines, and particularly womenswear, and to the rollout of e-commerce through Tmall in the Greater China region, which was launched in the second half of 2021.

Revenues in the Greater China region declined by 14 per cent €to 247.2 million in the first half of 2022 compared with the same period last year, dented by the temporary store closures and lower customer traffic due to restrictions in major cities across the region.

Revenues in the rest of the world increased by 51 per cent to €481.8 million in the first half, up 53 percent. The second quarter showed a 59 percent rise, up from 48 percent in the first quarter of the year.