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May 01, 2008
Zegna Plans Aggressive Retail Push
Despite the cloudy economic outlook, Zegna plans to open a bevy of new stores in 2008, including two in the U.S. and 20 in China. The decision follows a 10% rise in earnings for 2007 to $96 million on sales that climbed 8.3% to $1.2 billion.
The Italian brand reported that its U.S. sales increased by 12% last year while sales in China soared by 38%, driven by apparel and accessories.
Posted by Blacks on May 1, 2008 11:52 AM
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