Brunello Cucinelli news and archive

Brunello Cucinelli H1 revenues increase by 9 percent

Brunello Cucinelli announced through a statement that net revenues at June 30, 2018 reached 269.5 million euros (314.7 million dollars), increasing by 9 percent at current exchange and 11.9 percent at constant exchange rates. The company added that total revenues, which include other operating income, rose by 8.7 percent to 270.1 million euros...

Management

Brunello Cucinelli posts 11.8 percent jump in FY17 EBITDA

For fiscal year 2017, Brunello Cucinelli S.p.A. reported EBITDA of 87.5 million euros (108.3 million dollars), a rise of 11.8 percent over the normalized figure of 78.2 million euros (96.8 million dollars) for 2016, with an improvement in margin from 17.1percent to 17.3 percent. Net income for the year of 42.1 million euros (52.1 million...

Management

Brunello Cucinelli sells 6 percent in namesake label to invest in charitable projects

Brunello Cucinelli, the Italian fashion businessman behind the eponymous high-end label, has sold a 6 percent stake in the fashion company and raised about 100 million euros for his family’s charitable foundation. Through his company Fedone Srl, Brunello Cucinelli sold on Tuesday more than four million shares of the luxury group at 26 euros a...

Management

Brunello Cucinelli reports positive revenue growth of 10.3 percent

Net revenues at Brunello Cucineli of 384.2 million euros (452 million dollars), increased 10.3 percent at current or 9.8 percent at constant exchange rates compared to the same period in 2016 led by growth in all geographical areas and all distribution channels. The company said it achieved considerable growth in international markets and on the...

ManagementFeatured

Brunello Cucinelli H1 revenues grow 10.7 percent

Preliminary consolidated net revenues for the first half ended June 30, 2017 at Brunello Cucinelli rose by 10.7 percent and 9.7 percent at constant exchange to reach 243.3 million euros (277 million dollars), driven by sales revenue rise in all distribution channels, mono-brand and multi-brand, and in all markets, domestic and international. “We...

Management

Brunello Cucinelli sees a 10.1 percent jump in Q1 net revenues

Brunello Cucinelli net revenues at March 31, 2017 rose by 10.1 percent or 9.5 percent at constant exchange rates to 134.1 million euros (145 million dollars) led by sales growth in all the distribution channels and markets. Commenting on the company’s results, Brunello Cucinelli, Chairman and CEO, said in a statement, “In the first half of 2017...

Fashion Featured

Brunello Cucinelli to be awarded Global Economy Prize

Italian fashion designer Brunello Cucinelli has been named among the winners of the Global Economy Prize awarded by the Kiel Institute for the World Economy in partnership with the City of Kiel and Schleswig-Holstein Chamber of Commerce and Industry for “international efforts to tackle major global economic challenges”. The annual award, which...

ManagementFeatured

Brunello Cucinelli reports FY16 revenue growth of 10.1 percent

In the year ended 31 December 2016, net revenues at Brunello Cucinelli amounted to 456 million euros (483 million dollars), up 10.1 percent on the 414.2 million euros (439 million dollars) posted at 31 December 2015, representing an increase of 10.4 percent. Revenues from sales and services, including other operating income, reached 457 million...

BusinessFeatured

Brunello Cucinelli shapes the landscape of his legacy

Solomeo - Brunello Cucinelli says he feels like the Roman emperor Hadrian: responsible for the beauty of the world. And as he gazes out from his glass-walled office to the snow-flecked hills of central Italy, the luxury fashion magnate always spots something more he can do. "It is like another emperor, Marcus Aurelius, said -- live each day as...

Management

Brunello Cucinelli posts 9.7 percent rise in revenues

Net revenues for the nine months period at Brunello Cucinelli increased by 9.7 percent or 10 percent at constant exchange rates to reach 348.4 million euros (379 million dollars), compared to 317.6 million euros (346 million dollars) at September 30, 2015. The company said, this result was driven by sales increase in all markets. In the company...

Management

Brunello Cucinelli H1 revenues rise 9.7 percent

Brunello Cucinelli first half net revenues were 219.8 million euros (248.2 million dollars), up by 9.7 percent or 10.3 percent at constant exchange rates. Revenues, including other operating income, reached 220.3 million euros (248.7 million dollars), up by 9.8 percent. Commenting on the first half results, Brunello Cucinelli, Chairman and CEO,...

ManagementFeatured

Brunello Cucinelli revenues up 10 percent in H1

Luxury fashion label Brunello Cucinelli reported a 9,7 percent in crease in revenues to 219.8 million euros (184.4 million pounds) in the first six months of 2016. The Italian cashmere specialist released sales results ahead of publication of its complete results at the end of August. Founder and Chairman and CEO Brunelli Cucinelli called the...