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Italy, United States
Tom Ford revenues a lifeline for Zegna

If not for the success of Tom Ford Fashion last year, Zegna would have been far worse off due to weak results from Thom Browne, until then the Italian group's flagship brand. [...]

Published on 16/05/2024 at 05:00 GMT Reading time 2 minutes

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Houses

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Ermenegildo Zegna
Gigi Hadid
Met Gala
Thom Browne
Tom Ford Fashion
Zegna

Italy
Accounting woes muddy picture of Tom Ford's financial performance

Though the American fashion house's results appeared to be encouraging in the first quarter of this year, its owner Ermenegildo Zegna has acknowledged to the US Securities and Exchange Commission that it can't be 100% confident of its figures due to shortcomings in its accounting procedures.

Free access Houses 01.05.2025

Italy
Mother of Thom Browne CEO seeks to sell her Zegna shares

While the Zegna family is consolidating its control over the group, a major individual shareholder has decided to sell her stake in the company: Laura N. M. Fonda, whose son heads Zegna-owned fashion brand Thom Browne.

Subscribers only Families 20.03.2025

Italy
Zegna subcontracts on the side for Kering and Richemont

Although it owns brands itself, the luxury menswear company also makes clothes for a number of its competitors to ensure a regular income.

Subscribers only Houses 28.11.2024

Italy, United States
Estée Lauder's golden Tom Ford licence

Despite the difficulties Tom Ford has encountered, its operator Ermenegildo Zegna still pays substantial royalties to Estée Lauder, which owns the brand and its intellectual rights. Glitz.paris details the sums involved.

Free access Houses 21.11.2024

Italy
Zegna dynasty's fourth generation makes its mark on family firm

As Ermenegildo Zegna prepares to pass the torch of his luxury ready-to-wear firm, the CEO's son Angelo is growing in stature.

Subscribers only Families 07.11.2024

United States
Tom Ford in the doldrums after Estée Lauder takeover

The Texan designer's namesake brand has registered declining sales since Estée Lauder acquired 100% of the company in November 2022. For the time being, the house's valuation remains higher than the acquisition price.

Free access Houses 12.09.2024

Italy
Kering and Safilo eye up glasses manufacturer Marcolin despite lacklustre results

Several major luxury groups have expressed interest in buying up eyewear maker Marcolin. But a closer look at its accounts reveals it is losing money, particularly in China and the US.

Subscribers only Entourage 21.03.2024

Saudi Arabia
Luxury flocks to AlUla

Saudi Arabia is making good on its ambition of turning the ancient Nabataean oasis of AlUla into a top travel destination and cultural hotspot. Several art galleries and high-end tourism operators have signed partnerships to that end in the kingdom.

Subscribers only Entourage 22.02.2024

Spotlight | United Kingdom, United States
The many lives of Tom Ford: early retirement or a new fashion venture?

Nearly a year after selling his namesake brand to Estée Lauder, American designer Tom Ford is preparing his next chapter. The brand's new owners, meanwhile, are implementing a major shake-up.

Subscribers only Houses 31.08.2023

Spotlight | Qatar, UAE
Abu Dhabi squares off with Qatar in race to buy up luxury brands

Behind the sale of an ailing French haute couture company, announced last week, lies an investment fund that belongs to the emir of Abu Dhabi's closest adviser. Like its Qatari rival Mayhoola, the new Gulf player is using its unlimited budget to build a portfolio of prestigious European brands.

Subscribers only Families 20.04.2023

Sheikha Moza bint Nasser Al-Missned and Tahnoon bin Zayed Al Nahyan, national security adviser to the emir of Abu Dhabi.

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Ermenegildo Zegna
Gigi Hadid
Met Gala
Thom Browne
Tom Ford Fashion
Zegna

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Italy, United States
Tom Ford revenues a lifeline for Zegna

This article may be accessed by subscribers

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Set up email notifications for these topics

Italy
Accounting woes muddy picture of Tom Ford's financial performance

Italy
Mother of Thom Browne CEO seeks to sell her Zegna shares

Italy
Zegna subcontracts on the side for Kering and Richemont

Italy, United States
Estée Lauder's golden Tom Ford licence

Italy
Zegna dynasty's fourth generation makes its mark on family firm

United States
Tom Ford in the doldrums after Estée Lauder takeover

Italy
Kering and Safilo eye up glasses manufacturer Marcolin despite lacklustre results

Saudi Arabia
Luxury flocks to AlUla

Spotlight | United Kingdom, United States
The many lives of Tom Ford: early retirement or a new fashion venture?

Spotlight | Qatar, UAE
Abu Dhabi squares off with Qatar in race to buy up luxury brands

Set up email notifications for these topics

About Glitz

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Glitz on social media

Indigo Publications' websites

About Glitz

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Indigo Publications' websites

Brands brave the Wild West of the second-hand market

From the Martinez to Claridge's, hostilities rage between five-star hotel mogul Paddy McKillen and Qatar

The geopolitics of fake goods

Italy, United States Tom Ford revenues a lifeline for Zegna

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Italy Accounting woes muddy picture of Tom Ford's financial performance

Italy Mother of Thom Browne CEO seeks to sell her Zegna shares

Italy Zegna subcontracts on the side for Kering and Richemont

Italy, United States Estée Lauder's golden Tom Ford licence

Italy Zegna dynasty's fourth generation makes its mark on family firm

United States Tom Ford in the doldrums after Estée Lauder takeover

Italy Kering and Safilo eye up glasses manufacturer Marcolin despite lacklustre results

Saudi Arabia Luxury flocks to AlUla

Spotlight | United Kingdom, United States The many lives of Tom Ford: early retirement or a new fashion venture?

Spotlight | Qatar, UAE Abu Dhabi squares off with Qatar in race to buy up luxury brands

Set up email notifications for these topics

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

Italy, United States
Tom Ford revenues a lifeline for Zegna

Italy
Accounting woes muddy picture of Tom Ford's financial performance

Italy
Mother of Thom Browne CEO seeks to sell her Zegna shares

Italy
Zegna subcontracts on the side for Kering and Richemont

Italy, United States
Estée Lauder's golden Tom Ford licence

Italy
Zegna dynasty's fourth generation makes its mark on family firm

United States
Tom Ford in the doldrums after Estée Lauder takeover

Italy
Kering and Safilo eye up glasses manufacturer Marcolin despite lacklustre results

Saudi Arabia
Luxury flocks to AlUla

Spotlight | United Kingdom, United States
The many lives of Tom Ford: early retirement or a new fashion venture?

Spotlight | Qatar, UAE
Abu Dhabi squares off with Qatar in race to buy up luxury brands