MILAN — The Ermenegildo Zegna Group will mark 2013 with a major event in Sydney in April to celebrate the 50th edition of the brand’s Wool Awards, and with continued investments to strengthen its retail network.
After the men’s show here Saturday, chief executive officer Ermenegildo Zegna discussed these plans on the back of a year that showed uninterrupted growth at the Italian men’s wear giant, which closed 2012 with an 11 percent increase in revenues, reaching 1.25 billion euros, or $1.6 billion at average exchange rates.
“Australia is a point of reference for us in our history, the country that provides the best wool and one we’ve worked with for the past 60 years,” said Zegna in his spacious and light-filled office here. “Whatever the trends, we’ve always employed wool,” said the executive, whose family has long worked with breeders in Australia and encouraged them to provide the best fibers.
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