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  "presentationDate": "2023-04-01 00:00:00",
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      "text": "(1) y o y: used to refer to year on year growth rate. All growth rates are at actual currency\n(2) Growth rates in this presentation are year on year unless specified differently\n(3) cFX growth: means growth at constant currency. For the description of constant currency calculation, see page 23\n(4) FX: means foreign exchange or currency\n(5) M: may be used to refer to million\n(6) d d: means double digit\n(7) E com means e commerce\n(8) DOS: Directly Operated Store\n(9) DTC: Direct to Consumer or Retail. DTC includes DOSs and direct E Commerce\n(10) 1Q22 or 1Q21: means three months period from 1 January 2022 to March 31, 2022 and three months period from January 1, 2021 to March 31, 2021\n(11) 2Q22 or 2Q21: means three months period from April 1, 2022 to June 30, 2022 and from April 1, 2021 to June 30, 2021\n(12) 3Q22 or 3Q 21: means three months period from July 1, 2022 to September 30, 2022 and three months period from July 1, 2021 to September 30, 2021\n(13) 4Q22 or 4Q 21: means three months period from October 1, 2022 to December 31, 2022 and three months period from October 1, 2021 to December 31, 2021\n(14) 1H22 or 1H 21: means six months period from January 1, 2022 to June 30, 2022 and six months period from January 1, 2021 to june 30, 2021\n(15) GCR: refers to Greater China Region . For Zegna’s reporting purposes the Greater China Region includes the Chinese mainland, Hong Kong S.A.R., Macau S.A.R. and Tai wan\n(16) Americas: Americas include North America and Latin America",
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