Zegna Group Greater China杰尼亚集团大中华区
Group or segment level row — not a single brand. Do not compare it directly with single-brand rows.
- Scope of disclosure
- Greater China Region as Zegna defines it in its 20-F: mainland China, Hong Kong SAR, Macau SAR and Taiwan. Covers all three brands — ZEGNA, Thom Browne, TOM FORD FASHION. Zegna does not disclose mainland China separately, and does not report comparable/same-store sales at all.
- Reporting currency
- EUR
- Cohort
- Focal brand 焦点品牌
- Evidence tier
- filing
- Price positioning (judgement)
- 4.8
- Latest print
- 2026H1
- Data as of
- 15 Sept 2026
Basis tags: cn currency-neutral · lc local currency · ar as reported · rsv retail sales value. Figures that are not from a filing also carry an evidence tag: stmt company statement · press media-reported. Click any number for its basis, evidence tier and source.
Notes
备注- Revenue in euro, as filed: 588.9, 494.1, 595.5, 509.4 and 435.2 million for 2021 to 2025. The 亿元 column is the same figure converted at IRS yearly average rates.
- For 2025Q1 and 2025Q2 Zegna published reported growth only, not organic: about −12% in Q1, and about −21.4% in Q2 derived as H1 minus Q1. Both are left out of the organic series rather than mixed into it.
- Wholesale mono-brand doors in Greater China fell from 18 to 13 over the same span as the directly-operated store count below.
- Management has said repeatedly that about 90% of Greater China customers buy inside the region, so this line is a cleaner read on domestic demand than most luxury peers.
Full year series
年度数据Revenue · CNY 亿元annual · CNY 亿元 · as reported
| 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
Year-on-year growthannual · % · currency-neutral
| 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| not disclosed |
Quarterly and half-year series
季度·半年数据Quarterly year-on-year growthquarterly · % · currency-neutral
| 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 | 2026Q1 | 2026Q2 |
|---|---|---|---|---|---|---|---|---|---|
| not disclosed | not disclosed |
Half-year revenue growthhalf-year · % · currency-neutral
| 2026H1 |
|---|
Other disclosed series
其他披露指标Share of group revenue · % of group revenueannual · % of group revenue · as reported
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026H1 |
|---|---|---|---|---|---|
DTC share (global, not Greater China) · %annual · % · as reported
| 2021 | 2022 | 2023 | 2023 | 2024 | 2025 | 2026H1 |
|---|---|---|---|---|---|---|
| total revenue | total revenue | total revenue | Denominator changesbranded products revenue | branded products revenue | branded products revenue | branded products revenue |
Store count · directly-operated storesannual · directly-operated stores · as reported
| 2024 | 2025 | 2026H1 |
|---|---|---|
Base-year sensitivity
基期敏感性Compound annual growth to 2025, from three different start years.
from 2021
from 2022
from 2023
Sources
资料来源- Ermenegildo Zegna N.V. Form 20-FSEC EDGAR19 Mar 2026
- Zegna Group quarterly revenue releasesZegna Group30 Jul 2026