Brunello Cucinelli news and archive

Video: Brunello Cucinelli FW22 collection

In this video, fashion label Brunello Cucinelli has presented its FW22 collection at Milan Men's Fashion Week (MFW). Watch the video below. Video: Vrai Magazine via YouTube Photo credit: Irena Virtanen, Facebook

Business

Italian production boosts Brunello Cucinelli's third quarter results

Luxury Italian retailer Brunello Cucinelli closed its third quarter with positive signs of growth, citing a 3.6 percent increase compared to 2019. The Umbria-based company saw a 29.6 percent decline in the first half of the year, parallel to most luxury brands who faced store and retail closures across the globe. Cucinelli said its performance...

Retail

Brunello Cucinelli opens new London flagship

Luxury Italian fashion brand Brunello Cucinelli has opened its new flagship boutique on London’s New Bond Street. The new store, which will offer its menswear, womenswear and accessories, alongside a new tailor-made suit service, will join its other London boutique on Sloane Street. Located at 135-137 New Bond Street, the Italian brand has...

Business

Brunello Cucinelli names new co-CEOs

At the shareholders’ meeting of Brunello Cucinelli S.p.A, the board appointed Luca Lisandroni and Riccardo Stefanelli as new CEOs, imbuing Lisandroni with powers regarding the area of markets and putting Stefanelli in charge of the area of product and operations. Brunello Cucinelli, in his role as the Executive Chairman and Creative Director of...

Business

Brunello Cucinelli expects store closures to hit Q2 sales

Brunello Cucinelli S.p.A. has reported net sales of 156.7 million euros (169.8 million dollars) in the first quarter, down 2.3 percent at current exchange rates and down 2.9 percent at constant exchange. The company said, economic and financial impact of the Covid-19 pandemic is expected mainly in the second quarter, with sales significantly...

BusinessFeatured

Brunello Cucinelli's Q1 revenues hit by Covid-19

Net sales in the first quarter at Brunello Cucinelli amounted to 156.7 million euros (171.4 million dollars), with a performance at current exchange rates of negative 2.3 percent and negative 2.9 percent at constant exchange rates. Commenting on the first quarter trading, Brunello Cucinelli, the company’s Chairman and CEO, said in a statement: “...

BusinessFeatured

Brunello Cucinelli posts 9.9 percent rise in 2019 turnover, profit up 7.1 percent

Brunello Cucinelli S.p.A. net revenues for 2019 rose by 9.9 percent at current exchange rates and 8.6 percent at constant exchange rates to 607.8 million euros (686 million dollars), while the company said in a statement that revenue from sales and services, including other operating income, amounted to 608.8 million euros (687.5 million...

Business

Brunello Cucinelli partners with Bluebell in Taiwan

Bluebell Group, which has been successfully breaking luxury brands into the Asian market since 1954, has expanded its partnership with Italian brand Brunello Cucinelli to manage its operations in Taiwan. The move follows the successful joint venture in Singapore and will allow Brunello Cucinelli to grow its brand presence in the country and in...

BusinessFeatured

Brunello Cucinelli preliminary results show sales rise of 9.9 percent in 2019

Releasing preliminary figures for the year to December 31, 2019, Brunello Cucinelli S.p.A. said net revenues for 2019 were equal to 607.8 million euros (679.5 million dollars), an increase of 9.9 percent at current exchange and 8.6 percent at constant exchange rates. The company’s home market, Italy reported growth of 1.9 percent with revenues...

Business

Brunello Cucinelli nine months revenues increase by 8.8 percent

Net revenues at Brunello Cucinelli, for the first nine months of 2019 totalled 459.2 million euros (507 million dollars), a rise of 8.8 percent at current exchange and 7.7 percent at constant exchange rates compared to last year. Commenting on the preliminary update, Brunello Cucinelli, the company’s Chairman and CEO, said in a statement: “We...

BusinessFeatured

Brunello Cucinelli's H1 sales jump, confirms long-term growth forecast

Net revenues for the first half of 2019 at Brunello Cucinelli S.p.A totalled 291.4 million euros (322.9 million dollars), representing a rise of 8.1 percent at current exchange and 7.2 percent at constant exchange rates. The company said, total revenues, which include other operating income, rose by 8.1 percent to 292 million euros (323.6...

BusinessFeatured

First half sales increase 8.1 percent at Brunello Cucinelli

Net revenues at Brunello Cucinelli SpA for the first half of 2019 were 291.4 million euros (328.4 million dollars), a rise of 8.1 percent at current exchange and 7.2 percent at constant exchange rates compared to last year’s 269.5 million euros. Commenting on the first half trading, Brunello Cucinelli, the company’s Chairman and CEO, said in a...