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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:
20252024
(€ thousands)Committed loansOther borrowingsTotal borrowingsCommitted loansOther borrowingsTotal borrowings
At January 1,323,56350,004373,567316,95685,666402,622
Proceeds49,937—49,937209,72050,000259,720
Repayments(128,734)(50,004)(178,738)(205,119)(85,662)(290,781)
Other1,423—1,4232,006—2,006
At December 31,246,189—246,189323,56350,004373,567
Of which:
Non-current162,123—162,123196,401—196,401
Current84,066—84,066127,16250,004177,166
Schedule of Tabular Form of Repayment Schedule for Borrowings
The repayment schedule for borrowings is summarized below:
(€ thousands)At December 31, 2025Year 1Year 2Year 3Year 4Year 5 and beyond
Committed loans246,18984,06698,68658,7354,702—
Other borrowings——————
Total borrowings246,18984,06698,68658,7354,702—
(€ thousands)At December 31, 2024Year 1Year 2Year 3Year 4Year 5 and beyond
Committed loans323,563127,16283,68299,2638,7544,702
Other borrowings50,00450,004————
Total borrowings373,567177,16683,68299,2638,7544,702
Schedule of Details of Borrowings
The following tables provide details relating to the Group’s individual borrowings.
At December 31, 2025
BorrowerInterest rateInterest rate termsExpiry dateCurrentNon-current
(€ thousands)
Ermenegildo Zegna N.V.Variable
Euribor 3m + 0.94%
January 202610,056—
Ermenegildo Zegna N.V.Variable
Euribor 6m + 0.90%
April 202650,246—
Ermenegildo Zegna N.V.Variable
Euribor 6m + 0.78%
December 202613,437—
Ermenegildo Zegna N.V.Variable
IRS + 0.90%
June 202751549,975
Ermenegildo Zegna N.V.Variable
IRS + 0.88%
June 20274630,000
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 20284,0188,074
Ermenegildo Zegna N.V.Variable
Euribor 6m + 0.94%
December 20281039,966
Ermenegildo Zegna N.V.Variable
Euribor 3m + 0.82%
November 20294,74814,106
Other borrowing facilitiesFixed
1.85% - 2.95%
Up to 20279909
Variable (1)
2.01%
Total84,066162,123
   of which fixed4,6938,083
   of which variable79,373154,040
______________________
(1)Represents the spread over the variable component of the interest rate, which is generally based on Euribor.

At December 31, 2024
BorrowerInterest rateInterest rate termsExpiry dateCurrentNon-current
(€ thousands)
Ermenegildo Zegna N.V.Variable
Euribor 1m
January 202535,030—
Ermenegildo Zegna N.V.Variable
Euribor 1m
January 202515,025—
Ermenegildo Zegna N.V.Variable
Euribor 3m + 0.80%
February 202540,172—
Ermenegildo Zegna N.V.Variable
Euribor 1m + 0.94%
May 20251,450—
Ermenegildo Zegna N.V.Variable
Euribor 6m + 0.97%
December 202540,002—
Ermenegildo Zegna N.V.Variable
Euribor 3m + 0.94%
January 20267710,000
Ermenegildo Zegna N.V.Variable
Euribor 6m + 0.90%
April 202627549,977
Ermenegildo Zegna N.V.Variable
Euribor 6m + 0.77%
December 20266,53313,483
Ermenegildo Zegna N.V.Variable
IRS + 0.90%
June 202779049,925
Ermenegildo Zegna N.V.Variable
IRS + 0.88%
June 20275330,000
Ermenegildo Zegna N.V.Variable
Euribor 3m + 0.85%
August 2027—10,000
Ermenegildo Zegna N.V.Fixed
0.74%
September 20283,99812,068
Ermenegildo Zegna N.V.Variable
Euribor 3m + 0.82%
November 20291,23818,808
Co.Ti Service S.A.Fixed
0.75%
February 202520,000—
Co.Ti Service S.A.Fixed
0.75%
April 202510,000—
Other borrowing facilitiesFixed
1.63% - 2.32%
Up to 20272,5232,140
Variable (1)
1.43% - 3.90%
Total177,166196,401
   of which fixed35,01412,752
   of which variable142,152183,649
______________________
(1)Represents the spread over the variable component of the interest rate, which is generally based on Euribor.