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But by next September, shoppers will find a spanking new 23,000-square-foot store on the other side of the center where it will be near other luxury stores such as Neiman Marcus, Tiffany, Cartier, Loro Piana and Zegna.
The entrance at the Zegna show provided a clue to the focus of the brand this season, with an installation where cashmere flakes swirled and swished around in an air chamber protected by ceiling-high glass windows.
Source: https://wwd.com/runway/mens-fall-2023/milan/zegna/review/
Tom Ford’s fashion operation is expected to create synergies for Zegna, which also owned a 15 percent stake in the company, and will allow it to strengthen its womenswear segment.
Source: https://wwd.com/fashion-news/designer-luxury/new-course-tom-ford-fashion-1235758265/
We mentioned in prior announcement that we have traditionally allocated the corporate cost to the Zegna segment, thus affecting negatively this segment profitability.