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  "notes": "Includes segment-level breakdown for Zegna and Thom Browne.",
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      "text": "Profit impacted by higher financial expenses and FX impact (i.e., Thom Browne put option liability increase). Cash Surplus at €103 million, vs €145 million at end-21 due to 2Q lockdowns in GCR, inventory push on FW22 One Brand July launch and real estate settlements",
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