Ermenegildo Zegna Group, the privately owned Italian clothing and textile firm, is investing in the future despite uncertain times ahead, a slowdown in key emerging markets and continuing currency woes.
On Wednesday, the company said net profits in 2013 dropped 12.1 percent to 116.3 million euros, or $154.7 million, while earnings before interest, taxes, depreciation and amortization climbed 2.6 percent to 257 million euros, or $341.8 million. Net profits in 2012 were 130 million euros, or $166.4 million.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)