Gildo Zegna on the true cost of luxury fashion in 2026 – Monocle
🏆 Gildo Zegna, executive director of Ermenegildo Zegna Group, emphasizes customer loyalty at Oasi Zegna, Italy—1.5 hours from Milan—home to the original 1910 wool mill. Globally, 600,000 very important customers (VICs) spend €50,000 annually on luxury, representing 1% of the market but 21% of spending. VICs grow 10% yearly. Zegna’s ski event featured Italian ski champions Kristian Ghedina and Paolo de Chiesa and concluded at Milan’s San Siro Stadium during the Winter Olympics opening.
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