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Property, plant and equipment (Tables)
 12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about property, plant and equipment [abstract]  
Summary of Property Plant and Equipment
The following table presents a breakdown for property, plant and equipment.
(€ thousands)Land and buildingsPlant and machineryIndustrial and commercial equipmentLeasehold improvementsOther tangible assetsTangible assets under construction and advancesTotal
Historical cost at January 1, 20248,581161,755162,500251,5656,4295,426596,256
Additions8,8848,48222,81247,29737611,97199,822
Disposals—(3,876)(16,726)(12,941)(86)(21)(33,650)
Business combinations——109877—281,014
Exchange differences5(15)4,7689,587163914,400
Reclassifications(77)5281,948(207)375(6,541)(3,974)
Balance at December 31, 202417,393166,874175,411296,1787,11010,902673,868
Additions1,1007,39319,37926,35558026,69881,505
Disposals—(2,750)(5,910)(18,565)(304)(179)(27,708)
Business combinations——632———632
Exchange differences—(36)(13,012)(26,544)(94)(689)(40,375)
Reclassifications(1)9312,6269,386311(12,964)289
Balance at December 31, 202518,492172,412179,126286,8107,60323,768688,211
Accumulated depreciation at January 1, 2024(4,437)(134,701)(128,912)(164,147)(4,451)—(436,648)
Depreciation(239)(6,756)(14,666)(31,440)(819)—(53,920)
Impairment—(108)(1,642)(1,483)——(3,233)
Disposals—3,84516,32012,474188—32,827
Exchange differences(5)7(4,334)(7,781)2—(12,111)
Reclassifications9833(1,672)5,638(74)—4,023
Balance at December 31, 2024(4,583)(137,680)(134,906)(186,739)(5,154)—(469,062)
Depreciation(242)(7,267)(15,646)(34,070)(446)—(57,671)
Impairment—22(1,312)(3,736)——(5,026)
Disposals—2,6265,32617,979290—26,221
Exchange differences—1210,79119,00161—29,865
Reclassifications2(10)(1,364)259(181)—(1,294)
Balance at December 31, 2025(4,823)(142,297)(137,111)(187,306)(5,430)—(476,967)
Carrying amount at:
January 1, 20244,14427,05433,58887,4181,9785,426159,608
December 31, 202412,81029,19440,505109,4391,95610,902204,806
December 31, 202513,66930,11542,01599,5042,17323,768211,244
Summary of Impairment Testing in Respect of Property Plant and Equipment
The following table presents the results of the impairment tests performed over the Group’s DOSs, as well as sensitivity analyses performed to verify whether reasonably possible changes in the main assumptions used to determine the recoverable amount of the DOSs would significantly affect the results of the impairment tests.
Existing assumptionsSensitivity effects on impairment
(€ millions, except percentages and basis points)ImpairmentWACC (%)Revenues CAGR (%) vs. current yearGrowth rate (%)WACC
+100 bps 		Revenues
-250 bps		Growth rate
-50 bps
Zegna segment DOSs
2025(4,129)
8.06% / 14.31%
-7.0%
1.50% / 4.00%
(4,484)
(4,850)
(4,186)
2024(4,150)
8.05% / 14.09%
+6.7%
1.00% / 4.00%
(4,734)
(5,084)
(4,262)
Thom Browne segment DOSs
2025(495)
10.32% / 14.15%
+24.5%
2.00% / 3.00%
(605)
(688)
(513)
2024(2,957)
10.66% / 13.06%
+11.1%
2.50% / 3.00%
(3,032)
(3,614)
(2,969)
Tom Ford Fashion segment DOSs
2025(10,415)
9.52% / 13.66%
+12.1%
2.00% / 3.00%
(10,654)
(11,438)
(10,433)
2024(4,089)
8.45%/13.14%
+16.9%
2.00% / 3.00%
(4,323)
(4,620)
(4,140)
Summary of Impairment and Reversal of Impairment
The following tables present the impairment and the reversal of impairment that was recognized in relation to the Group’s DOSs in 2025, 2024 and 2023.
For the year ended December 31, 2025
(€ thousand)Property, plant and equipmentRight-of-use assetsIntangible assets
DOSs impairment
Zegna segment1,6712,4508
Thom Browne segment251244—
Tom Ford Fashion segment3,1047,24764
Total DOSs impairment for the Group5,0269,94172
For the year ended December 31, 2024
(€ thousand)Property, plant and equipmentRight-of-use assetsIntangible assets
DOSs impairment
Zegna segment6883,40458
Thom Browne segment7522,205—
Tom Ford Fashion segment1,7932,296—
Total DOSs impairment for the Group 3,2337,90558

For the year ended December 31, 2023
(€ thousand)Property, plant and equipmentRight-of-use assetsIntangible assets
DOSs impairment
Zegna segment55126835
of which impairment59526837
of which reversal of impairment(44)—(2)
Thom Browne segment18——
Tom Ford Fashion segment346564—
Total DOSs impairment for the Group91583235