Ermenegildo Zegna has bought a 65 per cent stake in the Dondi group. Ermenegildo Zegna is an Italian textile producer and luxury men’s wear label. Dondi, also based in Italy, makes knitwear for men and women. Dondi has a wholly internalised production cycle, from fabric design to distribution. For over 40 years, Dondi has been a supplier to leading fashion labels and designers in the luxury segment and operates in markets like the US, France, Germany, Japan, South Korea, the UK and Turkey.
For this operation, the Zegna group has adopted the same formula used with textile producer Bonotto, in which it bought a 60 per cent share in 2016, leaving a minority stake and creative and operational control in the long-established company to its founding family. It is a way for Zegna to preserve Italian textile know-how and ensure control of its supply chain. In 2018, the Italian group also took control of luxury ready-to-wear label Thom Browne.
Ermenegildo Zegna is one of Italy’s most famous family-driven enterprises. Growth has been possible through shrewd diversification of the offering, which now ranges from clothing to accessories and fragrance. Zegna fashion is woven and designed, while its fragrance is composed and distilled. Zegna fashion underscores a man’s elegance and style, while its fragrance accentuates his masculine aura with alluring essence.