Italy’s Cucinelli Posts 10.7% Increase in First Half Revenues

Revenues at Brunello Cucinelli rose 10.7 percent at constant exchange rates in the first half of the year, the Italian luxury group said on Thursday, slightly beating analysts forecasts.

Revenues totalled €684 million ($799 million) in the period, which compares with a consensus of €682 million compiled by Visible Alpha.

Sales rose by 10 percent in the Americas and by 13 percent in Asia, with a double-digit growth in China, it said.

The group, which continues to defy an industry slowdown thanks to its high end positioning, confirmed its expectations for sales annual growth of around 10 percent in both 2025 and 2026.

Brunello Cucinelli is the first European luxury company to report first-half revenues. It will publish the full set of results at the end of August.

By Elisa Anzolin; Editors: Alvise Armellini, Keith Weir

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