XML 94 R70.htm IDEA: XBRL DOCUMENT
v3.26.1

Borrowings (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Disclosure of detailed information about borrowings [abstract] |
Schedule of Non-current and Current Borrowings | The following table provides a breakdown for non-current and current borrowings:
| 2025 |  | 2024
(€ thousands) | Committed loans |  | Other borrowings |  | Total borrowings |  | Committed loans |  | Other borrowings |  | Total borrowings
At January 1, | 323,563 |  | 50,004 |  | 373,567 |  | 316,956 |  | 85,666 |  | 402,622
Proceeds | 49,937 |  | — |  | 49,937 |  | 209,720 |  | 50,000 |  | 259,720
Repayments | (128,734) |  | (50,004) |  | (178,738) |  | (205,119) |  | (85,662) |  | (290,781)
Other | 1,423 |  | — |  | 1,423 |  | 2,006 |  | — |  | 2,006
At December 31, | 246,189 |  | — |  | 246,189 |  | 323,563 |  | 50,004 |  | 373,567
Of which: |  |  |  |  |  |  |  |  |  |  |
Non-current | 162,123 |  | — |  | 162,123 |  | 196,401 |  | — |  | 196,401
Current | 84,066 |  | — |  | 84,066 |  | 127,162 |  | 50,004 |  | 177,166
Schedule of Tabular Form of Repayment Schedule for Borrowings | The repayment schedule for borrowings is summarized below:
(€ thousands) | At December 31, 2025 |  | Year 1 |  | Year 2 |  | Year 3 |  | Year 4 |  | Year 5 and beyond
Committed loans | 246,189 |  | 84,066 |  | 98,686 |  | 58,735 |  | 4,702 |  | —
Other borrowings | — |  | — |  | — |  | — |  | — |  | —
Total borrowings | 246,189 |  | 84,066 |  | 98,686 |  | 58,735 |  | 4,702 |  | —
(€ thousands) | At December 31, 2024 |  | Year 1 |  | Year 2 |  | Year 3 |  | Year 4 |  | Year 5 and beyond
Committed loans | 323,563 |  | 127,162 |  | 83,682 |  | 99,263 |  | 8,754 |  | 4,702
Other borrowings | 50,004 |  | 50,004 |  | — |  | — |  | — |  | —
Total borrowings | 373,567 |  | 177,166 |  | 83,682 |  | 99,263 |  | 8,754 |  | 4,702
Schedule of Details of Borrowings | The following tables provide details relating to the Group’s individual borrowings.
|  |  |  |  |  |  |  | At December 31, 2025
Borrower |  | Interest rate |  | Interest rate terms |  | Expiry date |  | Current |  | Non-current
|  |  |  |  |  |  |  | (€ thousands)
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 3m + 0.94% |  | January 2026 |  | 10,056 |  | —
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 6m + 0.90% |  | April 2026 |  | 50,246 |  | —
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 6m + 0.78% |  | December 2026 |  | 13,437 |  | —
Ermenegildo Zegna N.V. |  | Variable |  | IRS + 0.90% |  | June 2027 |  | 515 |  | 49,975
Ermenegildo Zegna N.V. |  | Variable |  | IRS + 0.88% |  | June 2027 |  | 46 |  | 30,000
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 3m + 0.85% |  | August 2027 |  | — |  | 10,000
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 6m + 0.90% |  | June 2028 |  | — |  | 9,993
Ermenegildo Zegna N.V. |  | Fixed |  | 0.75% |  | September 2028 |  | 4,018 |  | 8,074
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 6m + 0.94% |  | December 2028 |  | 10 |  | 39,966
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 3m + 0.82% |  | November 2029 |  | 4,748 |  | 14,106
Other borrowing facilities |  | Fixed |  | 1.85% - 2.95% |  | Up to 2027 |  | 990 |  | 9
| Variable (1) |  | 2.01% |  |  |
Total |  |  |  |  |  |  |  | 84,066 |  | 162,123
of which fixed |  |  |  |  |  |  |  | 4,693 |  | 8,083
of which variable |  |  |  |  |  |  |  | 79,373 |  | 154,040
______________________ (1)Represents the spread over the variable component of the interest rate, which is generally based on Euribor.
|  |  |  |  |  |  |  | At December 31, 2024
Borrower |  | Interest rate |  | Interest rate terms |  | Expiry date |  | Current |  | Non-current
|  |  |  |  |  |  |  | (€ thousands)
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 1m |  | January 2025 |  | 35,030 |  | —
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 1m |  | January 2025 |  | 15,025 |  | —
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 3m + 0.80% |  | February 2025 |  | 40,172 |  | —
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 1m + 0.94% |  | May 2025 |  | 1,450 |  | —
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 6m + 0.97% |  | December 2025 |  | 40,002 |  | —
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 3m + 0.94% |  | January 2026 |  | 77 |  | 10,000
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 6m + 0.90% |  | April 2026 |  | 275 |  | 49,977
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 6m + 0.77% |  | December 2026 |  | 6,533 |  | 13,483
Ermenegildo Zegna N.V. |  | Variable |  | IRS + 0.90% |  | June 2027 |  | 790 |  | 49,925
Ermenegildo Zegna N.V. |  | Variable |  | IRS + 0.88% |  | June 2027 |  | 53 |  | 30,000
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 3m + 0.85% |  | August 2027 |  | — |  | 10,000
Ermenegildo Zegna N.V. |  | Fixed |  | 0.74% |  | September 2028 |  | 3,998 |  | 12,068
Ermenegildo Zegna N.V. |  | Variable |  | Euribor 3m + 0.82% |  | November 2029 |  | 1,238 |  | 18,808
Co.Ti Service S.A. |  | Fixed |  | 0.75% |  | February 2025 |  | 20,000 |  | —
Co.Ti Service S.A. |  | Fixed |  | 0.75% |  | April 2025 |  | 10,000 |  | —
Other borrowing facilities |  | Fixed |  | 1.63% - 2.32% |  | Up to 2027 |  | 2,523 |  | 2,140
| Variable (1) |  | 1.43% - 3.90% |  |  |
Total |  |  |  |  |  |  |  | 177,166 |  | 196,401
of which fixed |  |  |  |  |  |  |  | 35,014 |  | 12,752
of which variable |  |  |  |  |  |  |  | 142,152 |  | 183,649
______________________ (1)Represents the spread over the variable component of the interest rate, which is generally based on Euribor.

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the reconciliation of liabilities arising from financing activities. [Refer: Liabilities arising from financing activities] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2025-01-01 -Paragraph 44D -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2025-en-r&anchor=para_44D&doctype=Standard -URIDate 2025-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 166 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_166&doctype=Standard -URIDate 2025-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 166 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_166&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure In Tabular Form Of Details Of Borrowings [Text Block] + References No definition available. + Details
Name: | zgn_DisclosureInTabularFormOfDetailsOfBorrowingsTableTextBlock
Namespace Prefix: | zgn_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure In Tabular Form Of Repayment Schedule For Borrowings [Text Block] + References No definition available. + Details
Name: | zgn_DisclosureInTabularFormOfRepaymentScheduleForBorrowingsTableTextBlock
Namespace Prefix: | zgn_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration