Brunello Cucinelli news and archive

Brunello Cucinelli raises growth forecast

Italian fashion house Brunello Cucinelli SpA has raised its revenue forecast for the current financial year 2025. According to an interim statement published on Wednesday, management now expects currency-adjusted growth of 11 to 12 percent. Previously, the knitwear specialist had forecast an increase of 10 percent at constant exchange rates....

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Brunello Cucinelli: double-digit revenue growth continues in third quarter

Italian fashion house Brunello Cucinelli SpA continued its growth trajectory in the third quarter of the current 2025 financial year. According to a trading update released on Wednesday evening, revenue for the period from July to September amounted to 335.5 million euros. This represents an increase of 12 percent compared to the same quarter...

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Business

Cucinelli under fire for allegedly violating Moscow sanctions; the house reaffirms compliance with EU rules

Brunello Cucinelli is under fire, accused of circumventing EU sanctions against Russia, which prohibit the sale of goods valued over 300 euros. The company is also accused of “weakening the brand's exclusive positioning” through a policy of “aggressive discounts” to conceal the need to clear “inflated” inventory. According to the Ansa news...

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Business

Brunello Cucinelli's net profit up 16 percent in first half-year

Italian fashion house Brunello Cucinelli achieved a net profit of 76.7 million euros in the first six months of the financial year. This represents a 16 percent increase compared to a year earlier, according to the financial update. The fashion house announced in July that its revenue for the period amounted to 684.1 million euros. This...

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Business

Brunello Cucinelli: Revenue up 10.2 percent in first half

Brunello Cucinelli Spa has reviewed the preliminary revenue figures for the first six months of the year. Revenues totalled 684 million euros. This represents a 10.2 percent increase at current exchange rates (10.7 percent at constant exchange rates) compared to the first half of 2024. Across geographical areas, the Americas saw an 8.7 percent...

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Video

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

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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...

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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...

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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...

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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...

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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: “...

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Business

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...