MILAN — The strength of the euro came back to take a bite out of Ermenegildo Zegna’s top-line numbers despite rising sales in Asia and Europe.

Zegna said its 2002 revenue slid 3.7 percent to $687.8 million from $713.8 million in 2001. The company said the decrease was attributable to the weakness of the dollar against the euro as sales in its 379 owned and franchised stores rose 8 percent during the year.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus