Commodities
Zegna Chairman Says War Has Made Luxury Demand Uncertain
The Zegna Menswear Fall/Winter fashion show, in January.
Photographer: Vittorio Zunino Celotto/Getty Images
Italian fashion house Ermenegildo Zegna cautioned that the war in the Middle East has reduced visibility on luxury demand, while China, the US and Europe were holding up.
“It’s hard to predict exactly what the situation will be in Middle East,” Executive Chairman Gildo Zegna said in an interview on Friday as the company reported full-year results.