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Sunil Bharti Mittal and Valerie Mars join Hakluyt's International Advisory Board

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星期一, 三月 25, 2024

Growth, Education, Hotel Chocolat, Sunil Mittal, Mittal, Bharti Enterprises, Conservation International, VCA, Ahlstrom-Munksjö, Telecommunications, Mars, Incorporated, Family, Government, Zegna, Management

LONDON, March 25, 2024 /PRNewswire/ -- Hakluyt, the global strategic advisory firm for businesses and investors, has announced the appointments of Sunil Bharti Mittal KBE, the founder and chairman of Bharti Enterprises, and Valerie Mars, senior vice president of corporate development at Mars, to its international advisory board.

Key Points:

LONDON, March 25, 2024 /PRNewswire/ -- Hakluyt, the global strategic advisory firm for businesses and investors, has announced the appointments of Sunil Bharti Mittal KBE, the founder and chairman of Bharti Enterprises, and Valerie Mars, senior vice president of corporate development at Mars, to its international advisory board.
Commenting on these appointments, Niall FitzGerald said: "It is a great pleasure to welcome Sunil and Valerie to Hakluyt's international advisory board.
Sunil Bharti Mittal commented: "I am delighted to be joining Hakluyt's international advisory board.
Varun Chandra, Hakluyt's managing partner, added: "I couldn't be happier to welcome Valerie and Sunil to our international advisory board.

Sunil Bharti Mittal and Valerie Mars join Hakluyt's International Advisory Board

Retrieved on:

星期一, 三月 25, 2024

LONDON, March 25, 2024 /PRNewswire/ -- Hakluyt, the global strategic advisory firm for businesses and investors, has announced the appointments of Sunil Bharti Mittal KBE, the founder and chairman of Bharti Enterprises, and Valerie Mars, senior vice president of corporate development at Mars, to its international advisory board.

Key Points:

LONDON, March 25, 2024 /PRNewswire/ -- Hakluyt, the global strategic advisory firm for businesses and investors, has announced the appointments of Sunil Bharti Mittal KBE, the founder and chairman of Bharti Enterprises, and Valerie Mars, senior vice president of corporate development at Mars, to its international advisory board.
Commenting on these appointments, Niall FitzGerald said: "It is a great pleasure to welcome Sunil and Valerie to Hakluyt's international advisory board.
Sunil Bharti Mittal commented: "I am delighted to be joining Hakluyt's international advisory board.
Varun Chandra, Hakluyt's managing partner, added: "I couldn't be happier to welcome Valerie and Sunil to our international advisory board.

Ermenegildo Zegna Group Unveils Updated Group Strategy Following Tom Ford Fashion Acquisition, and Strong Medium Term Financial Outlook

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星期二, 十二月 5, 2023

Ermenegildo Zegna N.V. (NYSE:ZGN) (“Zegna Group,” “the Group,” or “the Company”) today will host its second Capital Markets Day at the New York Stock Exchange where the Group will unveil the next iteration of its strategy and its updated medium-term financial objectives, including its ambitions for Tom Ford Fashion.

Key Points:

Ermenegildo Zegna N.V. (NYSE:ZGN) (“Zegna Group,” “the Group,” or “the Company”) today will host its second Capital Markets Day at the New York Stock Exchange where the Group will unveil the next iteration of its strategy and its updated medium-term financial objectives, including its ambitions for Tom Ford Fashion.
Several months later, at our first Capital Markets Day held at Oasi Zegna in May 2022, we shared our medium-term financial outlook.
Earlier this year we have added another incredible name to our portfolio: TOM FORD FASHION, which has become the third pillar of the Group.
Zegna’s management believes that Net Financial Indebtedness/(Cash Surplus) is useful to monitor the level of net liquidity and financial resources available to Zegna.

Ermenegildo Zegna Group Continues to Deliver Robust Growth in Third Quarter of 2023

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星期二, 十月 24, 2023

Ermenegildo Zegna N.V. (NYSE:ZGN) (“Zegna Group,” the “Group,” “Zegna,” or the “Company”), owner of the ZEGNA and Thom Browne brands and exclusive licensee for the TOM FORD fashion business, today announced unaudited revenues of €431 million for the third quarter of 2023.

Key Points:

Ermenegildo Zegna N.V. (NYSE:ZGN) (“Zegna Group,” the “Group,” “Zegna,” or the “Company”), owner of the ZEGNA and Thom Browne brands and exclusive licensee for the TOM FORD fashion business, today announced unaudited revenues of €431 million for the third quarter of 2023.
1 Throughout this press release, revenues for the third quarter of 2023 and the nine months of 2023, and comparatives thereof, are unaudited.
Review of Revenues for the Third Quarter 2023 and the Nine Months ended September 30, 2023
In the third quarter of 2023, Zegna Group generated revenues of €431 million, an increase of 20.8% year-over-year.
Zegna Segment: For the third quarter of 2023, revenues for the Zegna segment amounted to €298 million, growing 3.0% year-over-year and 6.0% year-over-year on a constant currency basis, with an organic growth rate of 12.7% for the quarter.

Lightsource bp ‘Tailors’ Multi-Buyer Solar PPA for Global Fashion Brand Collective

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星期三, 十月 18, 2023

Lightsource bp has signed an innovative collective virtual power purchase agreement (CVPPA) with The Fashion Pact , the largest CEO-led initiative for sustainability in the fashion and textile industry.

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Lightsource bp has signed an innovative collective virtual power purchase agreement (CVPPA) with The Fashion Pact , the largest CEO-led initiative for sustainability in the fashion and textile industry.
This collective deal enables businesses with global responsibilities but less intensive energy use to benefit from solar power and underpin the development of new renewable energy projects.
Spearheaded by Co-Chairs Helena Helmersson and Co-Founder Paul Polman, The Fashion Pact brings together fashion industry’s top leaders to drive progress and design collective solutions towards a nature-positive, net-zero future.
The Fashion Pact worked collaboratively with the Lightsource bp´s EMEA Power Markets team to create a bespoke PPA structure that would meet the needs of their members while satisfying the collective renewable electricity demand.

Ermenegildo Zegna Group’s Robust Growth Continues in the First Half of 2023

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星期四, 七月 27, 2023

On June 19, during Milan men’s fashion week, ZEGNA brought Oasi Zegna to Piazza San Fedele in the heart of Milan.

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On June 19, during Milan men’s fashion week, ZEGNA brought Oasi Zegna to Piazza San Fedele in the heart of Milan.
On July 26, 2023, Zegna granted Give Back Beauty International SA exclusivity for the manufacture and sale of "Zegna” branded fragrances and cosmetics.
In the second quarter of 2023, Zegna’s branded products wholesale channel showed robust growth of 42.8% year-over-year and 43.0% constant currency and organic growth.
The Group’s 1H 2023 revenues show that the Group is on this trajectory, and the forthcoming first half 2023 and full-year 2023 results should comfortably confirm this.

The TOM FORD Brand Announces Executive Leadership Team

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星期五, 四月 28, 2023

About the new leadership appointments, Tom Ford said, “I could not be happier with the acquisition of the TOM FORD brand by The Estée Lauder Companies.

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About the new leadership appointments, Tom Ford said, “I could not be happier with the acquisition of the TOM FORD brand by The Estée Lauder Companies.
GUILLAUME JESEL NAMED PRESIDENT AND CEO, TOM FORD AND LUXURY BUSINESS DEVELOPMENT, THE ESTÉE LAUDER COMPANIES
Guillaume Jesel brings nearly a decade of successful brand leadership of TOM FORD BEAUTY to his new executive leadership position at the TOM FORD brand.
His ability to articulate the TOM FORD brand has resulted in TOM FORD BEAUTY achieving remarkable global success, making him ideally suited to lead the TOM FORD brand into its exciting future,” said Fabrizio Freda, President and Chief Executive Officer, The Estée Lauder Companies.
Under Guillaume’s tenured leadership at TOM FORD BEAUTY, where he worked directly with Tom Ford and his team, the brand spearheaded iconic innovation and strategically expanded its global reach, firmly establishing TOM FORD BEAUTY as a powerhouse in luxury beauty.

Ermenegildo Zegna Group Kicks-Off 2023 With Strong First Quarter Revenues1

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星期四, 四月 20, 2023

Ermenegildo Zegna N.V. (NYSE: ZGN) (“Zegna Group,” the “Group,” “Zegna,” or the “Company”), owner of the ZEGNA and Thom Browne brands, today announced unaudited revenues of €428.3 million for the first quarter of 2023, an increase of 13.4% year-over-year and 13.1% at constant currency.

Key Points:

Ermenegildo Zegna N.V. (NYSE: ZGN) (“Zegna Group,” the “Group,” “Zegna,” or the “Company”), owner of the ZEGNA and Thom Browne brands, today announced unaudited revenues of €428.3 million for the first quarter of 2023, an increase of 13.4% year-over-year and 13.1% at constant currency.
Ermenegildo “Gildo” Zegna, Chairman and CEO of the Zegna Group, said: “We started 2023 with an encouraging upswing led by further reopening in the Greater China Region following COVID-19-related restrictions.
Zegna Segment: For the first quarter 2023, revenues for the Zegna segment amounted to €319.3 million, growing by 12.6% year-over-year and 11.9% at constant currency.
The Group enjoyed particularly strong DTC revenues, which increased 24.9% year-over-year for both ZEGNA and Thom Browne during the first quarter of 2023.

Ermenegildo Zegna Group Reports Robust FY2022 Financial Results in Line With Strategic Plan

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星期四, 四月 6, 2023

Both the Zegna segment (which includes the Zegna branded products, Textile, and Third-Party Brands product lines) and the Thom Browne segment showed solid year-over-year growth.

Key Points:

Both the Zegna segment (which includes the Zegna branded products, Textile, and Third-Party Brands product lines) and the Thom Browne segment showed solid year-over-year growth.
This is all in addition to a number of collaborations and campaigns which support the amplification of the ZEGNA brand message.
In May of 2022 the Group announced 27 ESG commitments that continue to build upon its legacy of caring for people and the environment.
For additional information regarding Net Financial Indebtedness/(Cash Surplus) and Trade Working Capital, which are non-IFRS financial measures, see page 13.

Ermenegildo Zegna Group Ends FY 2022 With Strong Revenue1 Growth in Line With Strategic Plan

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星期三, 一月 25, 2023

Revenues at constant currency (“cFX”)4 grew 11.0% and declined 2.9% in FY 2022 and 4Q 2022, respectively.

Key Points:

Revenues at constant currency (“cFX”)4 grew 11.0% and declined 2.9% in FY 2022 and 4Q 2022, respectively.
All of these are strong steps towards realizing our long-term vision for the Group.”
Excluding the GCR, global revenues showed significant growth for both 4Q 2022 and FY 2022, at 24.7% and 42.0% year-over-year, respectively.
Revenue growth was especially strong in the U.S., even with a particularly strong comparison base in 4Q 2021, reaching 26.1% year-over-year for 4Q 2022 and 53.5% year-over-year for FY 2022.
In 4Q 2022, Zegna Group generated revenues of €407 million, a 0.5% year-over-year decrease, bringing total revenues for FY 2022 to €1,493 million, up 15.5% year-over-year.