MILAN — Exports that increased margins and were more balanced around the world helped the Ermenegildo Zegna Group close 2012 with a 13 percent increase in profits. Further gains and more investments in its retail network are expected in 2013.
“We have been saving for a rainy day,” chief executive officer Gildo Zegna told WWD. “We generated good margins, because we have been very careful to avoid heavy discounting both at retail and wholesale — also in the U.S.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"