5 Hrs
Source:
الاقتصادية
Brunello Cucinelli Boosts 2026 Revenue Forecast
The Italian luxury fashion group Brunello Cucinelli announced double-digit growth in third-quarter revenues, surpassing analyst expectations, with a 13.5% increase at constant currency to reach €374.2 million. The company also raised its 2026 revenue growth outlook to approximately 12%, up from the previous 10-11%, despite challenges in the luxury goods market and a slowdown in demand. The company expects revenues to grow by around 10% in 2027, supported by expansion plans to open new stores in China and Switzerland, with ongoing strong sales performance in Asia and the Americas.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)