Vincenzo Zucchi Begins Shrinking Italian Store Network Under Turnaround Plan

• Vincenzo Zucchi has begun shrinking its Italian store network under a restructuring process initiated on September 28, 2026.
• The planned sale of its Rescaldina property, the restructuring plan's main asset disposal, requires waivers from Illimity and SACE.
• Negotiations with major financial creditors continue; none has ruled out talks.
• A court hearing on protective measures is scheduled for November 25, 2026.
• Financial reporting delays stem largely from problems introducing a new group ERP system, which is now fully operational.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vincenzo Zucchi S.p.A published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0271-41-2026_TELEBORSA.pdf), on November 06, 2026, and is solely responsible for the information contained therein.