Italian luxury powerhouse, Brunello Cucinelli, is turning heads in the fashion industry with a notable upswing in sales during the first three quarters of the year. Famed for its opulent cashmere apparel, the brand is now poised to exceed expectations in 2023, with a projected revenue surge of 20%-22%, surpassing its initial 19% estimate.
Additionally, Cucinelli stands firm on its forecast for a 10% sales growth in 2024. Peering into 2025, the brand anticipates sustained 10% sales growth, fueled by robust market visibility and the enduring allure of high-end luxury goods. The brand is confident in its ability to tap into growth opportunities across diverse markets and sales channels, backed by an ongoing boutique expansion initiative.
In the period spanning January to September, Cucinelli achieved remarkable sales of €818.4 million (approximately $865.5 million), signifying a remarkable 27.5% increase compared to the previous year’s €642 million. Experience the epitome of luxury fashion with Brunello Cucinelli.
