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Asharq Al-Awsat

Lifestyle

Asharq Al-Awsat

Italian Fashion Group Zegna Raises Guidance for 2022

Zegna United States Ermenegildo Zegna New York

A detail of the interior of an Ermenegildo Zegna store is seen in Rome, Italy, December 20, 2021. REUTERS/Yara Nardi

Italian fashion group Ermenegildo Zegna raised its full-year guidance on Friday after reporting a 21% increase in half-year revenue.

The company, which is listed in New York, said it now expects revenue growth in the mid-teens in percentage terms versus previous guidance for low-teens percentage growth.

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