Ermenegildo Zegna
From Wikipedia, the free encyclopedia
| Ermenegildo Zegna Holditalia S.p.A. | |
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| Type | Private |
| Founded | Trivero (1910) |
| Founder | Ermenegildo Zegna |
| Headquarters | Milan,, Italy |
| No. of locations | 142 boutiques worldwide (+150 franchises) |
| Key people | Ermenegildo and Paolo Zegna (CEOs) |
| Industry | Fashion |
| Products | Men's suits, fabric, accessories |
| Revenue | €601m (2003) |
| Owner | Zegna family |
Ermenegildo Zegna or Zegna (pronounced as IPA: [ˈdzeɲa]) is an Italian fashion house that claims to be the world leader in fine men's clothing.[1] Founded in 1910, it is now managed by the fourth generation of the Zegna family[1] and remains in family ownership. As well as producing suits for their own labels, they are contracted to manufacture suits for labels such as Gucci, Yves St Laurent and Tom Ford. Conversely YSL Beauté markets a fragrance called ESSENZIA DI Zegna,[1] and Zegna have been expanding into accessories and leather goods. As one of the biggest global producers of fine fabrics (2 million metres per year),[1] they have been active in promoting improvements in wool production around the world.
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[edit] History
Ermenegildo Zegna founded the company in 1910 in Trivero in the Biellese Prealps.[1] Zegna quickly gained a reputation for producing fine quality wool suits, and by the end of the 1930s, the outfitter employed 1,000 workers. 1938 saw the first sales in the United States, although exports were not helped by high prices and the privations of war.
When Ermenegildo's sons Aldo (born 1920) and Angelo (born 1924) joined the company in 1942, it was renamed Ermenegildo Zegna and Sons. By 1955, the company employed 1,400 workers.
Ermenegildo died in 1966 at the age of 74. Aldo and Angelo took over the business and two years later they launched a line of ready-made suits, produced in Zegna's factory in Novara.
Another factory was opened in Spain in 1973, and another in Greece in 1975. The Greek plant closed after two years, however, because it was deemed unprofitable. A Zegna plant opened in Switzerland in 1977, which today employs 800 workers. As of 1999, the Zegna Group had eight manufacturing plants in Italy, two in Spain, three in Switzerland, one in Mexico and one in Turkey. While many Zegna suits are factory produced, the majority of premium suits are still made-to-measure.
The first boutique was opened in Paris in 1980, followed by Milan in 1985.[1] In 2003 their numbers had grown to 147 shops controlled by the company, and 150 franchises, both Ermenegildo Zegna and Zegna Sport.[1] Zegna's flagship boutique locations are mostly found in the United States, Europe and Japan with megastores in Boston, New York, Beverly Hills, Paris, Milan, Tokyo, and London.
Aldo died in 2000, but Angelo remains the President of the company.[1] Oscar-winning actor Adrien Brody advertised Zegna's Spring/Summer 2003 and Fall/Winter 2003 lines.
[edit] Production
Zegna's range includes fabrics, suits, neckties, knitwear, shirts, accessories and sportswear.
Ermenegildo Zegna has a yearly output of over two million meters of fabric, 350,000 suits, one million pieces of sportswear and 1.5 million neckties. Zegna employs 4,500 workers worldwide. Forty percent of the company's sales are in the Americas, 40% in Europe and 20% in Asia.
[edit] Wool industry
As one of the biggest buyers of Merino wool, Ermenegildo Zegna has encouraged, supported and rewarded the efforts of the Australian wool industry since 1963 in the production of finer and softer wools. Despite this, the former Australian Prime Minister Paul Keating was criticised by the Liberal Party for wearing his favourite Zegna double-breasted suits.
In 2002 the Ermenegildo Zegna Vellus Aureum Trophy was launched for wool that is 13.9 micron and finer. Wool from Australia, New Zealand, Argentina and South Africa may be entered and a winner is named from each country.[2]
[edit] Brands
Most Zegna wool suits cost in the US$2,000 - $3,000 range, similar to competitors such as Gucci, Fendi, Prada, Versace and Armani. Price is dependent upon several factors. The "Z Zegna" sport/diffusion line features suits starting at about US$900, and tend to be less conservative in their styling. Zegna's top line is "Couture," formerly known as "Napoli Couture."
[edit] See also
[edit] Notes and references
- ^ a b c d e f g h History and Development of the Ermenegildo Zegna Group (PDF). Ermenegildo Zegna Holditalia S.p.A. (April 2004). Retrieved on 2008-07-28.
- ^ 2004/51/1 Trophy and plaque, Ermenegildo Zegna Vellus Aureum trophy and plaque, plaster / bronze / silver / gold, trophy designed and made by Not Vital for Ermenegildo Zegna, Switzerland, 2001. Powerhouse Museum, Sydney. Retrieved on 2008-04-27.
